Micron Technology to invest $603 million in a new chip packaging facility in Xian, China to expand production capacity for DRAM and NAND flash chips. Despite China's ban on Micron's products, the company is optimistic about long-term growth opportunities in the largest market for semiconductors. Alphabet, Google's parent company, reminds employees about data protection in the AI market amid increased competition and the importance of prioritizing user privacy.
Discover how Microsoft is using its alliance with Open AI and ChatGPT to explore the potential of AI as the next major computing platform, and the opportunities it may present for investors.
Microsoft's Bing search engine has integrated ChatGPT technology, an AI tool that's changing the way we search for information. Although there are concerns about AI ethics, many users are upgrading to this advanced technology for quick research. Can Bing compete with Google's 96% market share?
CentML, a Toronto-based AI startup, has launched its platform to optimize machine learning models, making AI development more efficient. By enabling access to more efficient use of AI chips without affecting accuracy, CentML could potentially improve the broken marketplace for GPUs and reduce compute costs. With a powerful open-source compiler to automatically tune optimizations, CentML looks to capture market share from established competitors, unlocking more efficient compute for AI development. Help address worldwide GPU shortage now.
Investors looking to capitalize on the AI trend have more options than just Nvidia. Twilio, trading at a low multiple of just 3 times sales, and TSMC, the world's largest pure-play semiconductor foundry, offer affordable yet promising possibilities for growth in the AI market. Twilio's Studio visual application builder and TSMC's dominance in chip production make them attractive investments for the growing demand for AI applications.
Discover key insights on Hong Kong's AI development opportunities from the Accounting Development Foundation Conference. Learn how AI is shaping the future.