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Latest: Fintech News

China, South Korea, Japan to Meet in First Summit in 4 Years
China, South Korea, Japan to Meet in First Summit in 4 Years

Beijing has warned that Washington's efforts to further deepen ties with Seoul and Tokyo could stoke tensions in the region

China Chat Bot Trained to Think Like Xi Jinping – FT
China Chat Bot Trained to Think Like Xi Jinping – FT

Analysts say China has a dilemma, trying to balance the country’s draconian controls on free speech with fostering AI development

TSMC Sees ‘Golden Age’, With AI Fuelling 10% Chip Growth
TSMC Sees ‘Golden Age’, With AI Fuelling 10% Chip Growth

Taiwanese group hails sector's prospects after chip designer Nvidia's upbeat earnings forecast lifts tech stocks, amid a wave of optimism over AI

Microsoft Says UAE Deal Could See Transfer of US Chips, AI Tech
Higher China Tariffs Will Start on August 1, US Trade Rep Says
News is Disappearing as Web Content is Deleted – Independent
Google, Meta, Microsoft, Others Agree on AI ‘Red Lines’
Vietnam Asks Foxconn, Others to Cut Power Use to Avert Blackouts
Alibaba, Baidu Slash Price of Language Models Used With AI Bots
US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen

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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