Latest news with #Ministry of Science and Technology
South China Morning Post
4 days ago
- Business
- South China Morning Post
Warning of glut in AI computing centres as China readies for return of Nvidia's H20 chip
Citing data from the Inspur Institute of Artificial Intelligence, Science and Technology Daily reported on Thursday that despite the rapid adoption of artificial intelligence , only about 30 per cent of the country's intelligent computing capacity was being used. As of November, nearly 150 intelligent computing centre projects were up and running throughout China, and another 400 or so projects were planned or under construction, according to the newspaper, the mouthpiece of the Ministry of Science and Technology. 'The rapid development of artificial intelligence technology has given rise to a boom in the construction of intelligent computing power. However, amid this boom, many blindly launched intelligent computing centres are running idle, and a large amount of idle computing power is waiting to be activated,' the report said. 'Blind investment has led to waste of resources and market imbalances, which have had a negative impact on the high-quality development of [China's] computing power industry.' 01:02 Nvidia to resume selling H20 graphic processing chips to China in boon for AI Nvidia to resume selling H20 graphic processing chips to China in boon for AI
Reuters
6 days ago
- Business
- Reuters
SpaceX expected to launch Starlink services in Vietnam from fourth quarter
HANOI, July 15 (Reuters) - SpaceX is expected to launch Starlink satellite internet services in Vietnam from the fourth quarter of this year, state media cited a government official as saying on Tuesday. "The Ministry of Science and Technology aims to license the pilot services using low-orbit satellites immediately after the investor completes investment procedures and establishes a legal entity in Vietnam, with the goal of deploying the services in the fourth quarter of 2025," deputy minister Pham Duc Long said, according to the Tuoi Tre newspaper. SpaceX is currently working with the Ministry of Finance to complete the procedures required to set up a wholly-owned unit in Vietnam, the report said. Two sources told Reuters in April that SpaceX was readying a ground station in the Southeast Asian country for Starlink satellites and planned many more. Vietnam's government said in March it would allow SpaceX to launch its services in the country on a trial basis, with no foreign ownership limit. It said the trial period would last until the end of 2030.
CNA
7 days ago
- Business
- CNA
SpaceX expected to launch Starlink services in Vietnam from fourth quarter
HANOI :SpaceX is expected to launch Starlink satellite internet services in Vietnam from the fourth quarter of this year, state media cited a government official as saying on Tuesday. "The Ministry of Science and Technology aims to license the pilot services using low-orbit satellites immediately after the investor completes investment procedures and establishes a legal entity in Vietnam, with the goal of deploying the services in the fourth quarter of 2025," deputy minister Pham Duc Long said, according to the Tuoi Tre newspaper. SpaceX is currently working with the Ministry of Finance to complete the procedures required to set up a wholly-owned unit in Vietnam, the report said. Two sources told Reuters in April that SpaceX was readying a ground station in the Southeast Asian country for Starlink satellites and planned many more. Vietnam's government said in March it would allow SpaceX to launch its services in the country on a trial basis, with no foreign ownership limit. It said the trial period would last until the end of 2030.
Yahoo
7 days ago
- Business
- Yahoo
SpaceX expected to launch Starlink services in Vietnam from fourth quarter
HANOI (Reuters) -SpaceX is expected to launch Starlink satellite internet services in Vietnam from the fourth quarter of this year, state media cited a government official as saying on Tuesday. "The Ministry of Science and Technology aims to license the pilot services using low-orbit satellites immediately after the investor completes investment procedures and establishes a legal entity in Vietnam, with the goal of deploying the services in the fourth quarter of 2025," deputy minister Pham Duc Long said, according to the Tuoi Tre newspaper. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
