In January, a top Chinese AI researcher told an industry summit in Beijing there was less than a 20 per cent chance of any Chinese company surpassing a leading US artificial intelligence firm in the next three to five years. The remark by Lin Junyang, until recently a technical leader working on Qwen, one of China’s most capable open-source AI models under Alibaba (which owns the South China Morni...
In January, a top Chinese AI researcher told an industry summit in Beijing there was less than a 20 per cent chance of any Chinese company surpassing a leading US artificial intelligence firm in the next three to five years. The remark by Lin Junyang, until recently a technical leader working on Qwen, one of China’s most capable open-source AI models under Alibaba (which owns the South China Morning Post), made headlines. But much of the commentary missed a more important question Lin posed:...
The end of Jerome Powell's term as Fed chair on May 15 is unlikely to end a widening rift between President Trump and America's foremost financial institution concerning interest rates.
The end of Jerome Powell's term as Fed chair on May 15 is unlikely to end a widening rift between President Trump and America's foremost financial institution concerning interest rates.
Key PointsAlthough Donald Trump nominated Jerome Powell to succeed Janet Yellen as Fed chair during his first term, he's been a vocal critic of Powell and the Fed since the start of his second, non-consecutive term.
Key PointsAlthough Donald Trump nominated Jerome Powell to succeed Janet Yellen as Fed chair during his first term, he's been a vocal critic of Powell and the Fed since the start of his second, non-consecutive term.