BigData

Chinese Tech Firms Capitalize on Deepseek Market Surge to Secure Additional Funding

1 month ago

In a remarkable display of financial dynamism, Chinese technology firms are leveraging the recent surge in the Deepseek sector to tap into significant capital resources. As the demand for deep learning technologies escalates, these companies are moving swiftly to convert this trend into funding opportunities. Analysts suggest that the upswing in Deepseek-related ventures could herald a new era of growth for the participants in this lucrative market.

XTX Markets to Invest $1 Billion in Advanced Data Hub: Aiming for AI Supremacy in Trading

2 months ago

XTX Markets, the technology-driven trading firm co-founded by renowned mathematician and investor Dr. Alex Gerko, has made a significant announcement regarding its plans to build a state-of-the-art data hub, intensifying its focus on machine learning and artificial intelligence applications in the financial sector. The proposed investment amounts to an eye-popping $1 billion, positioning XTX as a serious competitor in the data analytics space, particularly in the trading of financial instruments.

Vietnam's Premier Sets Sights on FDI to Propel AI and Big Data Revolution

6 months ago

The Prime Minister, Pham Minh Chinh, has made a bold move to announce an ambitious plan to make the country a technology hub in Southeast Asia with heavy reliance on foreign direct investment in Vietnam for developing AI and big data sectors. During an economic forum in Hanoi, Chinh emphasized that technological advancement was about ensuring the future of the nation's economy.