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Latest: Fintech News

TikTok to Invest $3.8 Billion in Data Centre in Thailand
TikTok to Invest $3.8 Billion in Data Centre in Thailand

The investment will be made by the Singapore unit of TikTok's parent Bytedance and the data centre will support companies affiliated with the popular short-video site

Taipei to Consider Trump Threat of Big Tariffs on ‘Foreign Chips’
Taipei to Consider Trump Threat of Big Tariffs on ‘Foreign Chips’

PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."

DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’
DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’

Microsoft's security researchers observed that "individuals they believed to be connected to DeepSeek" were involved in an unauthorized data transfer several months ago

Meta Set up ‘War Rooms’ to Study DeepSeek AI Model – Fortune
China Building Huge Laser Fusion Research Facility, Analysts Say
Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs
Bids Rush in For TikTok as Americans Scramble to Get the App
‘AI Breakthrough’ by China’s DeepSeek Rocks US Tech Giants
‘The End May Be In Sight’: Musk Pans Trump’s $500bn AI Deal
Trade Wars Would be ‘Catastrophic’ for World Economy: WTO

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors