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Tencent's New AI Scientist Aims for AGI, Signaling Shift in U.S.-China Tech Race

Tencent's New AI Scientist Aims for AGI, Signaling Shift in U.S.-China Tech Race

Tencent has appointed Yao Shunyu, a former OpenAI researcher, as its Chief AI Scientist. Yao's ambition is to develop artificial general intelligence (AGI), a goal that has been primarily pursued by U.S. companies like OpenAI, Anthropic, and Alphabet. This move indicates a shift in the U.S.-China tech race, as Chinese companies increasingly hire talent from Silicon Valley to bring the U.S. vision of AGI to China. Yao's appointment and his goals were discussed at a Tencent event in Beijing, highlighting the company's focus on advancing AI capabilities.
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Japan could end up an 'AI colony' if it falls behind, digital minister warns

Japan could end up an 'AI colony' if it falls behind, digital minister warns

By Kantaro Komiya TOKYO, June 5 (Reuters) - Japan could fall prey to a new form of colonialism in the AI era if it fails to keep pace with the technology's rapid development, the country's digital minister warned on Friday.
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Ray Dalio Highlights Divergent AI Strategies Between China and the US

Ray Dalio Highlights Divergent AI Strategies Between China and the US

Ray Dalio Highlights Divergent AI Strategies Between China and the US
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Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

By Heejin Kim and Hyunjoo Jin SEOUL, June 4 (Reuters) - When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show.
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Universities Challenge Silicon Valley's AI Dominance with Alternative Narratives

Universities Challenge Silicon Valley's AI Dominance with Alternative Narratives

Universities are increasingly becoming entangled with for-profit AI companies, as highlighted in the book 'More Everything Forever' by Adam Becker. The book discusses the growing influence of AI companies like Google, Microsoft, and newer players such as OpenAI and Anthropic on academic institutions. As universities transition from analog to digital, their reliance on these corporations for technology has intensified. Becker's work critiques the prevailing beliefs among tech billionaires that artificial general intelligence (AGI) will soon solve major global issues like economic scarcity and climate change, while also posing existential threats. He argues that universities should develop their own AI strategies based on their values, rather than adopting the dominant Silicon Valley narrative.
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AI Development Spurs Unregulated Races Between Companies and Superpowers

AI Development Spurs Unregulated Races Between Companies and Superpowers

The rapid advancement of artificial intelligence has led to two major races: one among leading tech companies and another between superpowers, notably the United States and China. These races are largely unregulated, with financial and physical constraints being the only limits. The U.S. government has deferred regulatory responsibilities to Congress, and there is no AI arms control agreement in place between the U.S. and China. The paper from the Hoover Institution highlights concerns over potential adverse consequences, such as unemployment, and calls for a new détente based on AI arms control to mitigate risks associated with these races.
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Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

By Max A. Cherney TAIPEI, June 2 (Reuters) - Arm Holdings CEO Rene Haas said on Tuesday that it would be difficult to block the export to China of CPUs that are useful for AI because of their widespread use and as it would be difficult to block only AI CPUs.
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SoftBank CEO doubles down on AI, stock market message for 2026

SoftBank CEO doubles down on AI, stock market message for 2026

Masayoshi Son has been called a visionary and a reckless gambler, sometimes in the same sentence. He bet on Alibaba before anyone in the West had heard of it. He lost billions on WeWork. He turned Arm Holdings into the backbone of the AI chip industry. On June 1 in Paris, he made his most sweeping ...
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Trump signs an executive order that invites vetting of top AI models for national security risks

Trump signs an executive order that invites vetting of top AI models for national security risks

President Donald Trump has signed a new executive order on oversight of artificial intelligence, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America’s edge on AI technology
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DeepSeek slated to draw $7 billion in maiden fundraising, sources say

DeepSeek slated to draw $7 billion in maiden fundraising, sources say

June 3 (Reuters) - Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people with knowledge of the matter said.
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China's Shift to Domestic Chips Challenges Nvidia's Market Position

China's Shift to Domestic Chips Challenges Nvidia's Market Position

China's Shift to Domestic Chips Challenges Nvidia's Market Position
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EU to Join US-Led 'Pax Silica' Amid Concerns Over Strategic Autonomy

EU to Join US-Led 'Pax Silica' Amid Concerns Over Strategic Autonomy

The European Union (EU) is preparing to join 'Pax Silica', a US-led initiative aimed at coordinating export controls and co-investment in advanced chips, particularly to curb China's technological advancements in artificial intelligence. This move involves the EU purchasing at least $40 billion worth of US AI chips. The decision has sparked criticism and doubts among EU members and officials, with some viewing it as a threat to the EU's strategic autonomy. The initiative is part of a broader trend where the EU has been aligning with US-led 'small cliques', such as the US-EU strategic partnership on critical minerals. Critics argue that these alliances may compromise the EU's interests and increase its dependency on the US supply chain.