global AI boom
Coverage of global AI boom in the Nexus archive.
- How global AI boom is intensifying US-China undersea stand-off
The US-China tech rivalry has escalated into a competition over undersea fiber-optic cables critical for global AI data traffic. China accused the US of politicizing these networks, as both nations vie for control of infrastructure supporting advanced AI systems.
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
Samsung Electronics reported a record operating profit of $62 billion for the April-June quarter. The company, a South Korean technology giant, is benefiting from the global AI boom.
- China plans compute futures in Shanghai as AI computing demand surges
China plans to launch compute futures in Shanghai to meet growing AI computing demand, with the city's government aiming to integrate financial markets with computing power as part of efforts to establish Shanghai as a global wealth management hub. This marks the first explicit mention of compute futures in an official Shanghai government document.