China Startup Shengshu Technology Secures Funding to Compete with OpenAI's Sora
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#4fb9c949 ver:0.2
China's chip industry is facing closures due to US sanctions and slowing demand, while the cloud computing market is booming. Alibaba and Tencent are impacted by chip restrictions, while China mandates the use of domestic chips by 2027. The battle for technological dominance between the US and China continues, with Chinese companies seeking alternative sources. AMD introduces new processors for AI-enabled PCs, challenging Nvidia and Intel. Nvidia faces a pause in chip orders from AWS, while Lam Research announces a stock split. Qualcomm and TSMC benefit from the AI PC trend. Shengshu Technology secures funding to compete with OpenAI's Sora, but faces challenges in the generative video sector. #China #chips #cloudcomputing #AI #techindustry...
#newstr #Nvidia #SemiconductorStocks #AiChips #Qualcomm #LamResearch #Tsmc #Sora #Openai #ShengshuTechnology #BaiduInc #BeijingArtificialIntelligenceIndustryInvestmentFund
https://here.news/story/4fb9c949?ver=0.2
Nvidia's Major Customer Pauses Orders, Lam Research Announces Stock Split Amidst AI PC Trend /
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2024-06-05 21:51:39
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2024-06-05 21:51:39Event JSON
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"content": "China Startup Shengshu Technology Secures Funding to Compete with OpenAI's Sora\n===============\t\n#4fb9c949 ver:0.2\n\nChina's chip industry is facing closures due to US sanctions and slowing demand, while the cloud computing market is booming. Alibaba and Tencent are impacted by chip restrictions, while China mandates the use of domestic chips by 2027. The battle for technological dominance between the US and China continues, with Chinese companies seeking alternative sources. AMD introduces new processors for AI-enabled PCs, challenging Nvidia and Intel. Nvidia faces a pause in chip orders from AWS, while Lam Research announces a stock split. Qualcomm and TSMC benefit from the AI PC trend. Shengshu Technology secures funding to compete with OpenAI's Sora, but faces challenges in the generative video sector. #China #chips #cloudcomputing #AI #techindustry...\n\n#newstr #Nvidia #SemiconductorStocks #AiChips #Qualcomm #LamResearch #Tsmc #Sora #Openai #ShengshuTechnology #BaiduInc #BeijingArtificialIntelligenceIndustryInvestmentFund \n\n https://here.news/story/4fb9c949?ver=0.2",
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