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Top News In Dawning Information Industry Today - Breaking & Trending Today

China Fund Beating 98% of Peers Spurns AI Trade on Risks

(Bloomberg) A technology-focused China equity fund outperforming 98% of peers this year advises caution over the frenzy in artificial intelligence themes, saying it might be the biggest underpriced risk in the market.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody’s Cuts China Credit Outlook to Negative o ....

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US sanctions 31 Chinese entities

US sanctions 31 Chinese entities
chinaeconomicreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinaeconomicreview.com Daily Mail and Mail on Sunday newspapers.

United States , Bureau Of Industry , Shanghai Supercomputer Centre , Us Department Of Commerce , Shanghai Supercomputing Technology Co , Dawning Information Industry ,

Sanctioned Chinese supercomputer maker seizes large language model momentum amid continuous revenue growth

Chinese supercomputer manufacturer Dawning Information Industry, also known as Sugon, has reported first-quarter revenue at CNY2.3 billion (US$332 million), an year-on-year growth of 5.39%. Net income was CNY131 million, an year-on-on year growth of 19.92%. On its investor platform, the company indicated that it has supported multiple domestically-developed large language models, including those developed by Chinese Academy of Sciences, from which Sugon span off. ....

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