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Chip design is an expensive game, but Amazon is doing rather well these days. The new reports, as well as industry scuttlebutt over the past year or so, suggest that AWS is also designing its own AI chips for cloud customers, following Google’s lead with its Cloud TPU processors. Unveiled last year, Google announced Monday that its Cloud TPUs have reached the beta stage.
Choi Koon-shum, chairman of the Chinese General Chamber of Commerce of Hong Kong, said national security legislation -- which targets acts endangering national security -- will not affect operations of Hong Kong businesses and foreign-invested businesses there. The legitimate rights and freedoms of Hong Kong residents will not be affected either, Choi added.
Chinese tech heavyweights such as Baidu, Alibaba Group Holding Ltd, and Tencent Holdings Ltd are using Nvidia's technologies for their cloud business.
Chinese students who are applying for postgraduate studies in the United Kingdom will have a new opportunity to receive financial support.
Chinese stocks closed lower Friday, with the benchmark Shanghai Composite Index going down 0.75 percent to end at 3,021.47 points. The Shenzhen Component Index closed 1.44 percent lower at 9,939.26 points.
