China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience

China has taken a significant step towards bolstering its semiconductor industry by establishing the largest-ever investment fund dedicated to the development of domestic chip technology. The creation of the third phase of the National Integrated Circuit Industry Investment Fund signals Beijing's commitment to achieving self-sufficiency in the face of...

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Snapchat’s Spiegel Shifts Focus to AI After Reviving Ad Business

Snap Inc. CEO Evan Spiegel recently announced a strategic shift towards investing more heavily in artificial intelligence (AI) and machine learning for Snapchat. This move comes as the company aims to enhance user engagement and overall platform experience, following successful efforts to revitalize its advertising business in recent years....

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