Ant Group and partners advance yuan-pegged stablecoins under Hong Kong’s new regulatory framework, accelerating de-dollarization efforts amid BRICS payment corridor…
Stablecoin Treasury Holdings Prompt FSB Warning on Financial Stability Risks
FSB warns crypto-traditional finance links near tipping point as stablecoins hold $251B in US Treasuries, with new Asian entrants challenging…
Ant Group’s AI Chip Breakthrough Marks Strategic Shift in China’s Semiconductor Independence
Ant Group achieves 20% cost reduction in AI training using domestic chips, advancing China’s semiconductor sovereignty amid global tech tensions.…
Ant group cuts AI costs 20% using domestic chips, challenges Nvidia
Ant Group reduced AI training expenses by 20% through Huawei and Alibaba chips, Bloomberg reported, underscoring China’s semiconductor self-reliance amid…