Regulators like the SEC and Commodity Futures Trading Commission have targeted the crypto sector amid concerns of rampant fraud, and use of digital assets for money laundering and funding of terrorism

In attendance at the summit will be Goldman Sachs Chief Executive David Solomon, Morgan Stanley boss James Gorman and Citigroup's Jane Fraser, among others

Minister tells Micron CEO Beijing would be happy for the company to expand its operations in China, months after saying the memory chipmaker failed a security review; the news comes amid a thaw in Sino-US ties

The three, along with 26 other other signatories signed the "Bletchley Declaration" at the AI Safety Summit in Britain on Wednesday

Chinese officials got access to TikTok's most secret internal documents, according to a new report, but the popular app's biggest headache is now in Southeast Asia

Andrew Ng, one of the founders of Google Brain and a Stanford University professor, warns that Big Tech companies are keen to trigger heavy regulation to reduce competition in the AI sector

Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November

Beijing said the ban was an abuse of national power, adding that it was imposed without any real evidence

The Southeast Asian nation already does chip packaging and testing for US giant Intel, but wants to build its first fab for basic chips in coming years

Support from the state 'Big Fund' is part of a $5.3bn capital expansion by Changxin Xinqiao, a leading memory chip firm in Hefei, as China expands its production capacity and R&D

New order will require developers of AI systems that pose risks to security, the economy, health or safety to share test results, while officials set standards for key chemical, biological, radiological, nuclear, and cyber risks

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry