Tuesday, November 16, 2021

China is warning state firms to exit cryptocurrency mining and is considering punitive measures for those that do not comply (Bloomberg)

Bloomberg:
China is warning state firms to exit cryptocurrency mining and is considering punitive measures for those that do not comply  —  China is warning its own state-owned enterprises to get out of cryptocurrency mining and is considering imposing punitive measures in the form of higher power prices …



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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...