Tag: China
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A book: AI superpowers – China, Silicon Valley, and the New World Order, by Kai-Fu-Lee (2/2)
Picture: Shenzhen (深圳), Guangdong province, China. Over the past decade, Shenzhen has emerged as China’s Silicon Valley and the leading hub in the manufacturing of smart devices used in AI solutions. In my last article, I summarised the development of the Internet ecosystem and AI technologies in the United States and in China according to…
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A book: AI superpowers – China, Silicon Valley, and the New World Order, by Kai-Fu-Lee (1/2)
Picture: NVIDIA Headquarters, Santa Clara (California). NVIDIA’s stock price surge over the past 18 months is notably due to this company leading market share in the design of chips for AI technologies, notably Chat GPT. Who is Kai-Fu-Lee Kai-Fu-Lee is a prominent computer scientist and investor, born in Taiwan but currently living and working in…
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Has the time come to buy physical gold?
On December 2023 1st, the price of physical gold set a new record by increasing to $2,150 an ounce (35grams). Over the past two years, gold has repeatedly broken its past records, meanwhile the US Federal Reserve’s federal funds effective rate was raised from nearly 0% to 5.33% between November 2021 and November 2023. Despite…