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Beijing
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  • The Shangzhuang project is operated by state-backed Beijing Energy Holding, with an aim to alleviate the ‘acute shortage of computing power’ needed for AI development
  • BEH said the Shangzhuang computing platform will offer 500 petaflops of computing power in the first phase of the programme

President of integrated circuit design at the China Semiconductor Industry Association says that large swathes of the domestic chip industry would end up in the red this year.

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For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.

US streaming giant Hulu is downsizing its research and development centre in Beijing, cutting around 200 employees, according to people familiar with the matter.