Jerry Lin

Jerry Lin

The Latest

  • OpenAI's GPT-4 Tackles Content Moderation: A Day's Work Equals Six Months
    China's Payment Association Cautions Against AI Tools like ChatGPT Due to Data Leak Risks
    OpenAI is turning to advanced artificial intelligence (AI) tools to assist with content moderation. Observers note that it could boost efficiency for businesses and add a valuable feature to AI tools that have yet to generate significant revenue for many enterprises.
  • Vietnam's VinFast Soars in US Market Debut, Sees Over 220% Increase
    EV TECH
    On Tuesday, August 15, VinFast, a Vietnamese electric vehicle (EV) manufacturer, began trading on the NASDAQ following its merger with the special purpose acquisition company (SPAC), Black Spade Acquisition. During trading, the stock soared over 220%, reaching a high of $34.22.
  • Saudi Arabia and UAE Boost AI Efforts: Snagging Nvidia Chips and Tapping Chinese Expertise
    The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei
    Saudi Arabia, through the King Abdullah University of Science and Technology, has acquired at least 3,000 Nvidia H100 chips valued at about $1.2 billion, set for delivery by the end of 2023. The university plans to utilize these chips to develop its own advanced language model.
  • Dubai-Based Newton Group's Financial Troubles Cast Doubt on $500 Million Investment in Evergrande Auto
    China Evergrande
    In an attempt to revitalize the struggling Evergrande Auto, a Middle Eastern capital entity has become the center of attention after announcing a $500 million infusion. On the night of August 14, Evergrande New Energy Auto (Evergrande Auto) disclosed that it received a strategic investment of approximately $500 million from Dubai-based Newton Group (NWTN).
  • Japan's Q2 GDP Surges Amid Export Boost, but Consumer Spending Wanes
    Japan business tankan
    TOKYO - Preliminary statistics released by the Japanese Cabinet Office on Aug. 15 reveal that Japan's Gross Domestic Product (GDP) rose 1.5% quarter-on-quarter in the second quarter of this year. When adjusted annually, it marks a significant 6.0% increase, exceeding expectations.
  • Ferrari's Top Shareholder Acquires 15% of Philips Amid 60% Stock Plunge in Two Years
    GOING EV
    Eyeing the health tech sector, Ferrari's major shareholder doubles down on the beleaguered Philips.
  • Russian Oil Revenue Hits Yearly High: Western Price Caps in Question?
    Crude Oil
    July saw a surge in Russia's oil export revenue, breaking the ceiling set by the West. This revelation came from a report by the International Energy Agency (IEA) on August 11.
  • Samsung Joins the AI Chip Race, To Produce 4nm AI Accelerator Chips for Groq
    SALES UP
    On August 14, U.S.-based AI chip firm Groq announced that Samsung Foundry's Taylor factory would produce its 4-nanometer AI accelerator chips. Groq's founder and CEO, Jonathan Ross, expressed that this collaboration with Samsung's 4nm process will mark a technological leap for Groq.
  • Russian Ruble Drops to 16-Month Low Amid Increased Capital Outflows
    RUSSIAN BANKNOTES
    The Russian ruble has plummeted to its lowest level against the dollar in 16 months, largely due to surging military expenditures, declining export revenues, Western sanctions, and escalating capital outflows. The current exchange rate hovers around 1 dollar to 101.29 rubles.
  • Soaring Food and Energy Prices Signal Global Inflation Resurgence
    COLLATERAL DAMAGE
    As food and energy prices surge, the previously cooling inflation in the Eurozone faces an uncertain direction. With this rise, will the European Central Bank's hawkish stance persist?
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