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Latest: Fintech News

Scientists Teach AI How To Be Bad But Can’t Undo It – Futurism
Scientists Teach AI How To Be Bad But Can’t Undo It – Futurism

Researchers fear efforts to rein in a deceptive model could reinforce its bad behaviour, as it learns how to hide its transgressions

ASML Sees Hit From US Chip Curbs But Could Enjoy 2025 Boom
ASML Sees Hit From US Chip Curbs But Could Enjoy 2025 Boom

Dutch tech giant says US and Dutch curbs will cause a 10-15% dip in its sales, but it expects Chinese demand to remain "very very solid", while some analysts predict a chip boom in 2025

Chinese Investors Keen on Banned Crypto, as Stocks Lost Value
Chinese Investors Keen on Banned Crypto, as Stocks Lost Value

Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in Hong Kong has allowed easy access to bitcoin and other tokens

North Korea Using AI to Boost Surveillance, Study Claims
Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner
Data Centres, AI, Crypto Spurring Power Demand in Asia – IEA
Zee Shares Plunge 30% After Sony Ends $10bn Indian Merger
China Splurges on Chip Tech Kit to Beat US Sanctions – Yahoo
Tencent Leads China Shares up as Gaming Body Drops New Rules
Collapsed Crypto Group Seeks Bankruptcy Protection in US

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