China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time

China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time

HANGZHOU, China — In what is sometimes dubbed China’s Silicon Valley, tech giants and startups in Hangzhou are racing to build cutting-edge chips, robotics and brain-computer interfaces. Across town, aspiring founders are creating AI pets and fortune-telling apps. The city on China’s southeastern coast is reinventing itself as an artificial intelligence hub. A year after the…

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Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store…

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U.S. grants TSMC licence to import U.S. chipmaking tools into China

U.S. grants TSMC licence to import U.S. chipmaking tools into China

TSMC offices in San Jose, California, on April 18, 2024. Bloomberg | Bloomberg | Getty Images The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The approval “ensures uninterrupted fab operations and product deliveries,” the…

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