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Over $100b AI chip market keeps US, China on warpath — What does it mean for Taiwan?

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With the advent of artificial intelligence (AI) and the recent exponential growth in its development and daily life applications, the demand for semiconductor chips — an essential component of modern electronic devices, has witnessed a significant surge therefore boosting the revenue-generating potential of the market up to $67 billion by 2024.

Semiconductors are highly sought-after chips as they are responsible for conductivity between conductors and non-conductors within electronic devices. However, artificial intelligence-enabled semiconductor chips have created a new avenue for further market growth and revenue generation.

As per Gartner’s vice president Alan Priestley, the surge in demand for semiconductor chips is primarily driven by high-end computing requirements of generative AI programs and platforms.

This year alone, the semiconductor market with regard to its AI application is approximately worth around $ 53.4 billion. The revenue generation trend is expected to not only sustain itself but in fact witness notable growth of around 25.6% amounting to $ 67.1 billion by 2024 next year.

As reported by editorialge, Priestley is of the view that the progressive trend in its demand and therefore production is expected to reach $ 119.4 billion by 2027.

Why are US and China concerned?

Designing semiconductor chips is not an issue, however, manufacturing them and controlling the supply chain is. The country that dominates semiconductor manufacturing and global supply chain will benefit from significant financial and geo-political leverage on a global stage.

Currently, Taiwan is the leading semiconductor-producing country in the world and controls around 20% of the global supply. 

However, owing to supply chain and manufacturing issues due to the COVID-19 pandemic, the world has witnessed a significant increase in demand for these chips, which has led to the US and China engaged in a semiconductor race that is gradually turning into a war.

For the United States, the concern is that if China achieves notable dominance in semiconductor manufacturing and supply chain, it’ll use it as a geo-political weapon against the US and its European allies. 

China on the other hand aims to counter Taiwan’s supremacy – a key Western partner, to strengthen its geo-political position. 

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Tessori promises to teach 50,000 children IT courses.

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In order to provide children with technical education and training, Sindh Governor Kamran Tessori has made the decision to set up IT classes for 50,000 children.

The governor urged the youth to play a vital part in the nation’s growth during a ceremony held here on Thursday.

“Pakistan has an abundance of skill. We will have to play our role in the development of the country. We will have to work to improve our economy,” the governor said.

He urged the overseas Pakistanis to invest in Pakistan and play their role in making the country prosperous.

Addressing the youth of the country, Kamran Tessori said, “Pakistan should be our priority. We need to do everything for Pakistan.

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Cybersecurity firm reports exposure of sensitive DeepSeek data on the internet.

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The New York-based cybersecurity firm Wiz has discovered a cache of sensitive data from the Chinese artificial intelligence business DeepSeek that was mistakenly exposed to the public internet.

In a blog post released on Wednesday, Wiz reported that examinations of DeepSeek’s infrastructure revealed that the company had inadvertently exposed over a million lines of unencrypted data. The materials were digital software keys and chat logs that seemingly documented prompts transmitted from consumers to the company’s complimentary AI assistant.

The chief technical officer of Wiz stated that DeepSeek promptly safeguarded the data following the notice from his organisation.

“It was removed in under an hour,” stated Ami Luttwak. “However, this was exceedingly easy to locate, leading us to believe we are not the sole discoverers.”

DeepSeek did not promptly respond to a request for comment.

DeepSeek’s rapid success after the introduction of its AI helper has exhilarated China and incited concern in America. The Chinese company’s evident capacity to rival OpenAI’s skills at a significantly reduced cost has raised concerns regarding the viability of the business models and profit margins of U.S. AI behemoths like Nvidia and Microsoft.

By Monday, it surpassed the U.S. competitor ChatGPT in downloads from Apple’s App Store, prompting a worldwide decline in technology stocks.

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WhatsApp launches bulk channel management functionality

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WhatsApp has initiated testing of a bulk channel administration feature on iOS for select beta users, enabling the simultaneous selection of many channels, hence enhancing the efficiency of managing following channels.

This essential update enables users to perform bulk activities, including muting many channels simultaneously, designating them as read, and altering notifications. If the chosen channels are muted, users will now have the option to activate notifications. Users can swiftly silence unmuted channels in one action.

Additionally, this feature enables users to unfollow many channels simultaneously, thereby optimizing the process of decluttering their channel list. This change is particularly beneficial for users that oversee numerous subscriptions, as reported by WABetaInfo.

Previously, users were required to manage each channel individually, rendering tasks such as muting or designating channels as read laborious and time-consuming.

The functionality provides enhanced flexibility and control over channel subscriptions, enabling users to efficiently manage notifications. The solution streamlines laborious operations for consumers who subscribe to numerous channels, hence enhancing their entire experience.

Accessibility
The bulk management feature is presently accessible exclusively to a limited number of beta testers who installed the latest WhatsApp beta for iOS using the TestFlight application. WhatsApp, owned by Meta, plans to expand the feature’s availability to a larger user base in the next weeks.

This update demonstrates WhatsApp’s dedication to enhancing user experience by offering a clear and efficient method for managing channels and notifications.

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