AI - TechWire

11:05

                            Delos AI Technology Co., Ltd. has passed NVIDIA review
                        
                            Delos Artificial Intelligence Technology Co., Ltd. has passed NVIDIA's review and officially became a member of NVIDIA Inception. After joining the program, Delos will have the opportunity to be invited to participate in NVIDIA GTC and global technology company dialogues.
                        
10:37

                            Shenzhen Municipal Party Committee Deputy Secretary and Mayor Qin Weizhong: Promote the development of artificial intelligence and low-altitude economy
                        
                            Shenzhen Deputy Secretary of the CPC Shenzhen Municipal Committee and Mayor Qin Weizhong stated at a press conference of the State Council Information Office on June 12 that Shenzhen will promote the development of artificial intelligence and low-altitude economy around the construction of the National New Generation Artificial Intelligence Innovation and Development Pilot Zone and the National Low-altitude Economic Industry Comprehensive Demonstration Zone. First, we will make every effort to tackle a number of key core technologies and deploy more scientific and technological research projects in the fields of artificial intelligence and low-altitude economy. Second, we will accelerate the implementation of a number of reform and innovation measures to explore more reform and innovation experiences in the fields of artificial intelligence, auxiliary medical equipment, and low-altitude airspace management. Third, we will continue to withdraw a number of demonstration application scenarios, deepen the "AI+" of thousands of industries, and expand low-altitude economic scenarios such as low-altitude logistics and emergency rescue. On the premise of ensuring safety, accelerate the development of demonstration applications. Fourth, cultivate and expand a number of science and technology innovation enterprises.
                        
10:28

                            Shenzhen Mayor Qin Weizhong: Shenzhen will accelerate the construction of a number of major artificial intelligence infrastructure projects
                        
                            Shenzhen Municipal Party Committee Deputy Secretary and Mayor Qin Weizhong stated at a press conference held by the State Council Information Office on June 12 that in order to promote the development of artificial intelligence, Shenzhen has clearly proposed to build a global artificial intelligence pioneer city, implement the "artificial intelligence +" action in depth, and accelerate the construction of a number of major artificial intelligence infrastructure projects.
                        
10:27

                            Samsung failed Nvidia's third HBM3E certification plan in September
                        
                            Samsung Electronics failed to pass the third Nvidia 12-layer HBM3E product certification in June, and the next certification is scheduled for September. Micron has increased the yield of HBM3E to more than 70%. 
                        
09:45

                            Hong Kong-listed chip stocks continued their downward trend and fell in early trading. Horizon Robotics (09660.HK) fell more than 4.3%, Solomon Systech (02878.HK) fell more than 2.2%, ASMPT (00522.HK) and SMIC (00981.HK) both fell more than 1%.
                        
08:17

                            CITIC Securities: New policy-based financial instruments will accelerate fiscal efforts
                        
                            According to a research report by CITIC Securities, the new policy-based financial instruments have been restarted after a three-year hiatus, with a scale of 500 billion yuan, mainly used to supplement project capital and speed up the implementation of investment projects. According to reports on the recent policy interpretation meetings and project scheduling meetings held by local governments, the investment of new policy-based financial instruments includes traditional infrastructure fields such as urban infrastructure, water conservancy facilities, and transportation infrastructure, as well as cutting-edge technology industries such as digital economy, artificial intelligence, and low-altitude economy. In the traditional sense, policy-based financial instruments have a large leverage effect. In the debt reduction environment, this leverage effect needs to be observed in conjunction with the loan issuance of enterprises, but overall fiscal policy shows a positive attitude and a firm determination to stabilize growth. The new policy-based financial instruments have a lag of about 1-2 months from launch to implementation. It is expected that the issuance and use of subsequent local government bonds will accelerate, and the "double" projects supported by special treasury bonds will also accelerate implementation, forming a strong support for the economy in the second half of this year.
                        
07:59

                            According to The Information: SoftBank, OpenAI's main investor, is also purchasing shares of the company's employees.
                        
07:58

                            According to The Information: OpenAI has been in talks with Saudi Arabia's Public Investment Fund and India's Reliance Industries about its $4 billion financing. OpenAI has told investors that they hope to raise another $17 billion by 2027.
                        
07:57

                            OpenAI plans to raise $17 billion by 2027
                        
                            OpenAI has told investors that it hopes to raise another $17 billion by 2027.
                        
07:21

                            People's Daily: Artificial intelligence "appears on screen" and robots "appear on stage"
                        
                            At the recent Beijing Zhiyuan Conference, top international scientists and entrepreneurs discussed the future development of AI. Experts pointed out that artificial intelligence is evolving from "being able to speak and write" to "being able to understand, reason, and dare to act." Turing Award winner Joshua Bengio proposed the concept of "scientist artificial intelligence", emphasizing that AI must be controllable and safe. At the conference, a variety of embodied intelligent robots demonstrated their potential for application in real-world scenarios, such as logistics and medical fields. Zhiyuan Research Institute released the "Wujie" platform to promote the development of embodied intelligence, and it is expected that in the next 5-10 years, embodied intelligence will replace humans in dangerous labor.
                        
05:27

                            Oracle (ORCL.N): Oracle will become a major builder and operator of cloud infrastructure data centers.
                        
05:03

                            Market news: Nvidia (NVDA.O) shareholders meeting is scheduled to be held on June 25.
                        
04:28

                            According to The Information: Saudi Arabia is eyeing domestic artificial intelligence construction and has chosen Cisco (CSCO.O) and AMD (AMD.O) to collaborate on cloud computing projects. Saudi artificial intelligence company Humain expects the expansion of its data center to cost $70 billion.
                        
01:37

                            U.S. Treasury Secretary Bessant: It is expected that artificial intelligence spending may accelerate U.S. GDP growth within 12-24 months.
                        
01:08

                            Intel (INTC.O) continued to fall, with losses widening to 6%.
                        
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