The Financial Times reports that a small AI market is not enough to revive the chip cycle, according to Samsung. They argue that while AI is an important technology, it cannot single-handedly drive the chip market. Samsung's statement comes as they face increasing competition in the AI market. In another report, the Financial Times states that Cambridge aims to double its number of 'unicorns' by 2035. The city is looking to attract more technology companies and startups to boost its innovation ecosystem. The OECD has reached an agreement on a global treaty targeting tax from digital giants, as reported by the Financial Times. The treaty aims to address the issue of multinational companies avoiding taxes by shifting profits to low-tax jurisdictions. This agreement is seen as a significant step in international tax reform. Lastly, the Financial Times mentions that HongShan is planning for global expansion after splitting with Sequoia Capital. The company is looking to capitalize on the growing demand for artificial intelligence and aims to expand its operations worldwide. These are the main stories covered in the tweets.
Financial Times @ft: Global Free Zones of the Year 2023 awards – Honourable mentions | fDi Intelligence. #aiact #GenAI #AI https://t.co/ATRKx1Zj4M
Financial Times @ft: HongShan plots global expansion after split with Sequoia Capital - Financial Times. #ArtificialIntelligence #aiact #GenAI https://t.co/0rRAG7AI4v
Samsung: small AI market cannot lead chip cycle revival | Financial Times #RoboticsAINews #AINews #AI #ArtificialIntelligence #AIAutomation https://t.co/wbLpcUYrDe
OECD agrees global treaty targeting tax from digital giants https://t.co/YqM7oiEpSg
Financial Times @ft: OECD agrees global treaty targeting tax from digital giants | Financial Times. #MachineLearning #aistrategy #aiact https://t.co/3QJEjfsgmj
Financial Times @ft: Samsung: small AI market cannot lead chip cycle revival | Financial Times. #aiforgood #MachineLearning #ArtificialIntelligence https://t.co/ym5PTKdD3I
Samsung: small AI market cannot lead chip cycle revival https://t.co/ZqX0hco850 | opinion
Financial Times @ft: Cambridge aims to double its number of 'unicorns' by 2035 - Financial Times. #robotics #aiforgood #AI https://t.co/6PKdHQKeP6
Samsung: small AI market cannot lead chip cycle revival https://t.co/9qQw6ZdyqZ
Financial Times @ft: War and asset prices | Financial Times. #aistrategy #GenAI #aiact https://t.co/EKTzMjdfxy