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Good morning, tech fam; here are some quick tech updates for you to catch on to!
What’s New Today: Huawei Launches AI Chip to Compete with Nvidia
Fast-Track Insights: AI Tech for Egg Farms Secures £2.6M Funding
Here’s a quick rundown of the biggest tech headlines making waves today. From the Huawei Launches to PhD Graduates, let’s dive into the top tech stories of the day.
Huawei is stepping in to fill the AI chip void in China, as the U.S. bars Nvidia from selling its H20 processor there. Huawei’s new 910C chip, which combines two 910B processors, offers comparable performance to Nvidia’s H100 chip. The company plans to begin mass shipments next month.
Nvidia and AMD are both facing export bans from the U.S. for their AI chips, impacting their stock prices. Huawei's upcoming Ascend 920 chip, expected later this year, could further challenge Nvidia, depending on whether China’s SMIC can meet the production demands for these advanced chips.
AI technology aimed at improving egg farm efficiency has received £2.6m in government funding. Developed by FAI Farms, The Lakes Free Range Egg Company, and Newcastle University, the Flockwise system uses sensors to monitor hens’ sounds, health, and environment.
The AI can detect stress or illness, alerting farmers to potential issues. The system also tracks feed, equipment, and egg quality. The Department for Environment, Food & Rural Affairs (Defra) aims to enhance animal welfare and reduce egg prices. If successful, the technology could increase UK farmers' income by £280 million and improve sustainability.
A survey reveals that postdoc job vacancies in China outnumber PhD graduates by five to one, with over 24,000 university job postings analyzed. While Chinese universities offer abundant postdoctoral positions to strengthen research, many early-career researchers find them less attractive due to low salaries and uncertain job prospects.
Postdocs earn an average of 230,000 yuan annually, which is lower than what job seekers expect. Despite the surplus of positions, the demand for long-term faculty roles is high. China's growing emphasis on academic research has led to an increase in PhD students, making research positions increasingly saturated.
South Korea’s cryptocurrency market capitalization has exceeded 100 trillion won ($74.8 billion), with daily trading volumes surpassing those of the country’s stock markets. As of late 2023, the combined value of digital assets held by the top five exchanges was 104.1 trillion won ($73 billion).
Despite crypto’s market cap being just 4% of total market value, daily trading volumes in December reached $12 billion, outpacing the $10.7 billion of the KOSPI and KOSDAQ combined.
This surge follows increased global optimism, but concerns are growing over speculative trading and the lack of clear economic benefits for the real economy.
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