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AI News Roundup: Chip Investment, Sovereignty Push, and Infrastructure Concerns

China's Chip Champion to Raise Billions in Race for A.I. Control

China's leading memory chip manufacturer ChangXin Memory Technologies (CXMT) is preparing to raise billions through an IPO as the country accelerates its efforts to develop domestic semiconductor capabilities amid ongoing technology restrictions.

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Japan adopts second AI Basic Plan, targets agentic AI and sovereignty

Japan has adopted its second AI Basic Plan, setting strategic focus on agentic AI systems and technological sovereignty, signaling a more assertive national approach to AI development and regulation.

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SoftBank Group's CEO Says $5 Trillion a Year Needed Globally to Meet AI Demand

SoftBank Group's CEO has called for approximately $5 trillion in annual global investment to meet the growing demand for artificial intelligence infrastructure and development, highlighting the massive capital requirements of the AI industry.

Read more: SoftBank Group's CEO Says $5 Trillion a Year Needed Globally to Meet AI Demand

Protein Design's AI Revolution: Inside David Baker's "Communal Brain"

David Baker's laboratory is pioneering AI-driven protein design, developing tools that could revolutionize medicine and biotechnology by creating novel proteins from scratch rather than modifying existing ones.

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BIS Warns That AI Debt Could Turn Boom to Bust

The Bank for International Settlements has issued a warning that mounting debt accumulated through AI investments and infrastructure buildout may pose systemic risks, potentially turning the current AI boom into an economic bust.

Read more: BIS Warns That AI Debt Could Turn Boom to Bust

US gov't allows Chinese telecom giant ZTE to purchase Nvidia H200 AI chips

The US government has granted approval for Chinese telecom giant ZTE to purchase Nvidia H200 AI chips, a decision that places the company alongside Alibaba, Tencent, and ByteDance in accessing Nvidia's Hopper technology.

Read more: US gov't allows Chinese telecom giant ZTE to purchase Nvidia H200 AI chips