Nvidia CEO Jensen Huang’s recent apparent comment that China is winning the AI race made headlines across America. It went so ‘wild’ that the Nvidia CEO had to issue a clarification. During a fireside chat at the Center for Strategic and International Studies this month, Huang directly spoke about his statement on Chinese AI dominance…
S Jaishankar at a felicitation ceremony at IIM Calcutta KOLKATA: External affairs minister (EAM) S Jaishankar said on Saturday that the world was looking beyond the US and China to other countries and blocs for trade and energy as they try to hedge against contingencies.Calling the US the “long-time underwriter of the contemporary system”, Jaishankar…
China Taiping Insurance Holdings Co. shares fell sharply on Thursday amid concerns over its exposure to a Hong Kong construction project linked to a devastating high-rise fire that has killed at least 44 people and left hundreds missing.The stock slid as much as 8.1% in early trading before trimming losses to about 2% by late…
NEW DLEHI: China on Tuesday denied allegations that an Indian woman from Arunachal Pradesh was harassed or detained at Shanghai airport, insisting that its border checks were conducted strictly “in accordance with laws and regulations.” The statement came even as India lodged a strong diplomatic protest.The woman, Pema Wangjom Thongdok, a UK-based Indian passport holder,…
US multinationals are increasingly aiming to derisk from China amid souring trade ties. Complaints about red tape and favoritism mask a harsher truth: China’s market is brutally competitive and local rivals are winning.When Starbucks opened its first store in Beijing in 1999, it wasn’t just selling coffee; it was selling Western aspirations to China’s rising…
NEW DELHI: In a major booster shot for military capabilities in eastern Ladakh, India on Wednesday operationalised its new Nyoma airbase close to the frontier with China, even as a large Army exercise called ‘Poorvi Prachand Prahar’ is now under way in Arunachal Pradesh on the eastern front. The developments at the opposite ends of…
NEW DELHI: With the resumption of direct flights between India and China, both countries are looking to resume the high-level mechanism for cultural and people-to-people exchanges early next year. The mechanism chaired by the foreign ministers has met twice so far – in 2018 and 2019 – and its resumption is key to advancing cooperation…
Nvidia has made an important clarification. The company has denied that its CEO Jensen Huang handed over the victory crown to China in AI race. The clarification comes post a report in Financial Times that claimed Huang said, “China is going to win the AI race.” Huang is said to have told the newspaper on…
The TOI correspondent from Washington: In what appears to be a tectonic shift in American foreign policy and world order, US President Donald Trump has openly embraced China as a functional equal, heralding a new duopoly that jettisons Washington’s decade-plus view of Beijing as an existential threat, while leaving other powers like EU, Russia, India,…
NEW DELHI: India continues to keep close tabs on Chinese warships and spy vessels in the Indian Ocean Region (IOR), even as it gears up to host the navies of both the US and Russia, among 55 countries, at the ‘Milan’ maritime exercise and International Fleet Review (IFR) at Visakhapatnam in Feb.“There is a continuous…