TECH GIANT HUAWEI
Nvidia scandal rocks tech world Web Summit
Allegations of Chinese spying on Nvidia dominated a top world tech conference on Tuesday, with some executives seeing potential opportunities in the turmoil at the US artificial intelligence chip giant. Chinese technology executives attending the summit highlighted emerging alternatives to Nvidia.
How China gets the Nvidia chips it needs to develop AI
Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.
Nvidia CEO Jensen Huang's $81 billion divorce bill to wife could dwarf Jeff Bezos' $35 billion settlement with MacKenzie Scott ? What we know
Nvidia CEO Jensen Huang's estimated $162.2 billion net worth has drawn attention amid reports of an affair with Alice Huang and a possible divorce. Under California's community property laws, his wife Lori Huang could potentially receive $81.1 billion, a figure that could surpass Jeff Bezos' $35 billion divorce settlement with MacKenzie Scott.
China’s high-tech ports push raises global trade ambitions, sparks security concerns
China is expanding its global maritime influence through AI-powered automated ports, smart shipping technologies and digital infrastructure. While these innovations promise greater efficiency, Western governments fear growing dependence on Chinese systems could create security vulnerabilities, geopolitical leverage and risks to critical global supply chains and international trade networks
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
US-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese technology companies far exceeds planned production, the two sources and a third person familiar with the matter said. They requested anonymity because they are not authorised to speak to the media.
China's AI agents can lie and scheme - just like their US rivals
Reuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies or evaluations since 2025 describing cases where agents displayed behaviour such as deception, replication and challenging boundaries that AI experts described as building blocks for a breakout and which could become harder for humans to control as systems advance.

China's Huawei sets 2027 launch for new AI chips as it targets Nvidia
The company is also working on ways to connect very large numbers of AI chips, allowing them to work together as one bigger computing system. Most advanced AI programmes require more processing power than a single chip can provide.

China's Huawei forecasts billions of agents will dominate AI traffic by 2035
China's Huawei expects autonomous agents to account for more than 90% of global AI token traffic by 2035, requiring huge increases in computing power alongside new systems to keep independent software secure and controllable.

China's AI chipmakers raise prices as high-bandwidth memory shortage bites
Huawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other components, to above 250,000 yuan ($37,255), two people said.

Jio IPO: Ambani’s tech titan listing story isn’t yet credible: View
Mukesh Ambani is pitching Jio Platforms as more than a telecom company ahead of its IPO, highlighting thousands of patents, AI and proprietary technology. But questions remain over the commercial value of its intellectual property and whether its technology ambitions justify a potential $120-140 billion valuation.

DeepSeek plans big Huawei AI chip order to power new data centre
The startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed these processors to serve that more demanding function. While DeepSeek tried to train its previous models on Huawei chips, it has so far relied on Nvidia accelerators for this crucial step.

China's Huawei co-develops DeepSeek model, improves censoring
Huawei said in a publication on a company WeChat account late on Thursday that it used 1,000 of its Ascend AI chips to train the large-language model, which was tweaked from DeepSeek's open-source model R1.

Huawei launches Pura 80 smartphone series in next step of China comeback
Huawei launched its Pura 80 smartphone series, marking a major step in its comeback amid US sanctions. The flagship line, featuring advanced AI-powered cameras, signals rising pressure on Apple in China. Reactions were mixed, with praise for design and criticism of high prices.

Apple's China market share shrinks as Huawei surges, data shows
The Canalys data, while not providing specific shipment figures for Apple, showed that the company's market share in China dropped to 14% in the second quarter of 2024, a decrease from 16% in the same quarter of 2023.

Huawei Q1 Results: Chinese tech giant posts over fivefold rise in profits
Tech giant Huawei's profits surged over fivefold year-on-year in the first quarter of 2024, a company filing showed Tuesday, as the firm continues a rebound and bit into competitor Apple's sales in China. Huawei competitor Apple saw iPhone sales slump by 19 percent in the first quarter in China, Bloomberg reported, citing market research firm Counterpoint.

Chinese automakers hit by production issues with Huawei computing unit, sources say
Changan Auto and Chery Auto - both of which have partnered with Huawei in developing their premium electric vehicle (EV) brands - have lodged complaints and are in talks to resolve the issue, two of the people said.

Chinese tech giant Huawei reports sales, profit up despite US sanctions
Revenue in the six months ending in June rose 3.1% to 310.9 billion yuan ($43.1 billion), Huawei Technologies Ltd said. It gave no profit figure but said its profit margin was 15%, which would be about 45 billion yuan ($6.5 billion) and an increase over the 4.3% margin in the first quarter of this year.

Huawei exec loses UK court bid to access HSBC records
Huawei chief financial officer Meng Wanzhou -- whose father is the Chinese company's founder and CEO Ren Zhengfei -- has been in a two-year battle against extradition over charges Huawei violated US sanctions on Iran.

US in talks with Huawei CFO Meng Wanzhou to resolve criminal charges: Report
The US government is discussing a deal with Chinese tech giant Huawei that could see its detained finance chief Meng Wanzhou allowed to return to China, the Wall Street Journal said.
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