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Friday, March 29, 2024

Malaysia's internet still not quite up to speed

 


Group push for higher broadband standards amid new regulations


PETALING JAYA: New regulations are set to take effect on April 1 to enhance the overall quality of wireless broadband services, with telcos required to deliver a minimum download speed of 7.7mbps.

But with the regulatory body, Malaysian Communications and Multimedia Commission (MCMC), saying that the product offerings of telcos to users will not be affected, meaning that plans below 7.7Mbps will not change after April 1, consumer and other groups have countered to say that the aim should be to improve user experience.

Federation of Malaysian Consumers Associations (Fomca) vice-president and legal adviser Datuk Indrani Thuraisingham said the download speed of 7.7mbps set is not good enough as Malaysia aims to be one of the top AI hubs in the region.

“We need to compare ourselves with other neighbouring countries to ensure that we will be able to compete,” she said when contacted yesterday.

ALSO READ : ‘Current mobile plans not affected by new standard’

Malaysian Association of Standards Users (Standards Users) secretary-general Saral James Maniam said the existing Mandatory Standards for Quality of Service (MSQoS) aims to safeguard consumer interests and ensure optimal wireless broadband services, while the updated one focuses on further enhancing Internet service quality across the country.

“The new MSQoS mandates an average download speed of at least 7.7Mbps, compared with the existing requirement of 2.5Mbps for mobile and 25Mbps for fixed wireless access.

“The standards will ensure the providers comply to prioritise quality and potentially invest in upgrades to meet the new standards,” she said.

After conducting a comparison of Internet download speeds in Malaysia, Singapore, Thailand, Vietnam and Indonesia, she said she found that “Malaysia can do much better”.

She said Singapore currently has among the fastest mobile download speeds at 264.15Mbps while its fixed broadband download speed is at 263Mbps.

“Singapore leads with the fastest speeds in both categories. Thailand and Vietnam have moderate speeds. Malaysia must maintain a speed that is at least comparable to that of Indonesia’s and 7.7Mbps is very low,” she added.

Saral James said MCMC will monitor compliance with the new minimum standard and penalties might apply for non-compliance, highlighting the importance of adhering to the new standards.

“There is a transparency needed on how the compliance will be monitored,” she said, adding that it would be better if users also monitor their download speeds.

“The question is what is the application available for the consumer to check and report?” she asked.

Malaysia Cyber Consumer Association president Siraj Jalil said it is important for service providers to give a clear baseline on minimum download speed.

“This will be good for users; if they understand what is their right, their awareness will increase. The authorities should also from time to time measure the service providers’ services,” said the head of the body which focuses on educating users on digital technology,

Consumers Association of Penang’s (CAP) education officer NV Subbarow said it is the duty of the government to provide the best facilities to consumers.

“Consumers are paying the charges they are requesting. The service providers must ensure and strictly follow the new ruling,” he said.

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Thursday, March 28, 2024

Backups are lifeline to your digital lifestyle

Celebrate World Backup Day this Sunday by creating backup copies of your essential data to safeguard your digital lifestyle against potential loss. — Image by freepik 

It is said that memories you make are priceless, but in this digital age, our data, whether text, audio, or video, has become equally invaluable.

And its value is not lost to cybercriminals, as data breaches have become so common that protecting personal information has become an ongoing challenge for individuals and organisations alike.

Last year, cybersecurity firm Sophos reported that over 90% of cyberattacks reported by its customers involved data or credential theft.

But hackers are not the only threat to your data – the device holding your information may suffer a hardware failure, be stolen, or even be destroyed in an incident such as a fire or flood.

Despite happening over two decades ago, the near loss of Pixar’s Toy Story 2 assets due to accidental deletion during the 1990s remains a memorable story.

The studio was “saved” by Galyn Susman, a supervising technical director who had been working from home after childbirth and had a remote backup.

Even though much of the film was eventually remade due to quality concerns, the character models and environments from her backup were integral to the final film.

Arina hopes that as awareness increases and user-friendly backup options become more widely available, more people will incorporate backups into their digital routines. — Image by rawpixel.com on FreepikArina hopes that as awareness increases and user-friendly backup options become more widely available, more people will incorporate backups into their digital routines. — Image by rawpixel.com on Freepik

Last year’s layoff of Susman, along with 74 other employees, struck a chord with fans who remember her as the person who saved Toy Story 2.

As we approach World Backup Day this Sunday, March 31, it’s crucial to remember that although incidents of data loss might seem distant, nobody is immune to such occurrences.

Data dilemmas and disasters

Head of operations at Lucid Analytica, an analytics consultancy, Firdaus Jefri experienced data loss for the first time during his childhood when the hard drive of the family computer failed, resulting in the loss of numerous personal files.

“When my first PC, which I had as a kid, crashed due to a hard drive failure, it was devastating. I had important family photos, videos, and memories stored on it. I also made some great friends while playing games like Runescape and Halo Combat Evolved.

“Unfortunately, as a kid, I didn’t keep track of my passwords and didn’t know how to recover my accounts, losing contact with most of them,” he says.

He adds that his mother’s work documents were lost as well, though they weren’t devastating since she had hard copies on hand, requiring extra effort to recreate everything on a computer.

Cloud storage services can be set up to back up files from a mobile device or a PC, but it’s important to maintain enough free space. — Image by rawpixel.com on FreepikCloud storage services can be set up to back up files from a mobile device or a PC, but it’s important to maintain enough free space. — Image by rawpixel.com on Freepik

Fast forward to today, and Firdaus has become a staunch believer in backups, having invested a significant amount into a self-built networked-attached storage (NAS) solution.

He estimates that he has spent approximately RM10,000 on storage for multiple drives totalling 20TB, with each drive serving as a backup for another. This setup enables him to recover data in the event that one drive fails.

Firdaus describes his solution as overkill for most users, though it’s a necessity for him, as his work involved handling large files.

When studying for his PhD, computer system engineer Lee Yang Yang was shocked to witness a fellow student fail his course due to losing his files just before the thesis submission deadline.

In Lee’s experience, users typically only begin to prioritise the security of their files after a personal encounter with data loss.

“If you think a file is important, back it up. It is worth your money to have the extra storage. This would include private and confidential files that could cost you a fortune or even your job if the data is lost,” he says.

Better safe than sorry

While data recovery programs and services (read “Get Your Data Back”, StarLifestyle, May 29, 2023; online at bit.ly/datalostandfound) are available that could help restore lost files, the costs involved are steep.

Sin says that having a comprehensive backup strategy is crucial for recovering from such incidents, likening it to 'insurance' for digital assets. — Synology MalaysiaSin says that having a comprehensive backup strategy is crucial for recovering from such incidents, likening it to 'insurance' for digital assets. — Synology Malaysia

According to Jason Sin, Malaysia country manager for Synology, a company that specialises in NAS storage, the substantial price tag doesn’t guarantee complete data retrieval.

To save oneself from the headache and hefty fees involved in recovering lost files, it’s best to have a backup system in place.

Nur Arina Ramlee, chief technology officer at Cybersolution Technologies, stresses the value of having proper backups.

“Unfortunately, typically, users do not regularly backup their data as often as they should. Usually, this comes down to a few key elements.

“Many users underestimate how upsetting data loss may be when it occurs to them or believe it only happens to other people.

“People are sometimes discouraged from starting because they believe that creating backups is complicated and time-consuming,” she says.

Arina hopes that as awareness increases and user-friendly backup options become more widely available, more people will incorporate backups into their digital routines.

She recalls an incident involving a restaurant, which was exploring franchising opportunities at the time. The restaurant owner had stored all the key components of the company, including financial records, designs for its franchising plan, and even his beloved recipes – which he spent years perfecting and digitising – on a laptop.

That laptop was stolen at an airport during a business trip, resulting in the loss of years’ worth of data.

The rise of ransomware is another threat to data. In a ransomware attack, the files on a computer system are encrypted, in most cases rendering them unusable, with the threat actor demanding a ransom payment to decrypt the data.

Sin says that having a comprehensive backup strategy is crucial for recovering from such incidents, likening it to ‘insurance’ for digital assets.

Arina recommends a straightforward approach to backup by starting with identifying the data crucial to your daily digital activities. — Cybersolution TechnologiesArina recommends a straightforward approach to backup by starting with identifying the data crucial to your daily digital activities. — Cybersolution Technologies

“Ensuring data security and continuity is paramount for users and businesses alike.

“Creating a backup strategy is like providing a safety net, allowing users to restore their data to a previous state and resume normal operations swiftly.

“As digital lifestyles become more prevalent, the potential impact of data loss on both personal and professional fronts has heightened, underscoring the importance of robust backup practices,” he says.

As for companies, Sin highlights cost concerns and limited resources as major reasons why small- and medium-sized businesses (SMBs) often neglect backing up their data.

This is due in part to hardware, software and maintenance costs, along with the lack of a dedicated IT team to manage backup infrastructure. Time constraints, data fragmentation, and the need to evaluate security risks are other factors that can also hinder efforts.

In the long run, such neglect can make it significantly more difficult for a company to recover from cybersecurity incidents such as data breaches and ransomware attacks.

Sin highlighted that the Personal Data Protection Department (PDPD) reported a staggering increase in data breach cases. It received 130 reports by June 2023, a four-fold increase compared to the entire year 2022.

“Such breaches lead to significant financial losses due to causes like configuration errors, hardware damage, data leaks, and malicious encryption,” he says.

Seeking simple solutions

According to a report from data recovery service provider Reno Research Lab, over half of data loss cases in 2023 resulted from user error, primarily accidental deletion (56.38%), with drive corruption coming a distant second, accounting for only 18.09%.

These incidents could have been avoided if users simply made one backup copy.

According to a report from data recovery service provider Reno Research Lab, over half of data loss cases in 2023 resulted from user error, primarily accidental deletion (56.38%), with drive corruption coming a distant second, accounting for only 18.09%. — Photo by Markus Spiske on UnsplashAccording to a report from data recovery service provider Reno Research Lab, over half of data loss cases in 2023 resulted from user error, primarily accidental deletion (56.38%), with drive corruption coming a distant second, accounting for only 18.09%. — Photo by Markus Spiske on Unsplash

Fortunately, thanks to the widespread availability of free cloud storage, hefty investments are often unnecessary.

Popular and easy-to-setup options that offer free storage space include Google Drive, Microsoft OneDrive and Apple iCloud.

However, without a subscription, the free storage is limited, with Google Drive offering 15GB for free, while both OneDrive and iCloud provide only 5GB each at no cost.

The cloud storage services can be set up to back up files from a mobile device or a PC, but it’s important to maintain enough free space.

The services provide a range of subscription packages with different storage spaces, with family options typically offering better value for money.

To backup your PC with OneDrive’s desktop client, access the settings menu and navigate to the “Sync and Backup” tab.

From there, select “Manage Backup” to choose which folders, such as Documents, Pictures, Desktop, Music, and Videos to back up.

Unfortunately, OneDrive doesn’t support custom folders for backup, so users have to move their files to one of the listed folders.

Android smartphone users can check out Google Drive for backups. It can be turned on by going to the settings menu and selecting “Backup and reset” and then switching on the “Backup by Google One” option.

This feature automatically backs up various types of data, including apps, SMS and MMS, call history, and device settings when connected to WiFi.

However, remember to manually enable backup for photos and videos in this menu, as it is turned off by default.

For faster access and complete control over your backups, consider using a NAS (network-attached storage) device. It’s a dedicated storage server that connects to your home WiFi network.

It also provides a centralised location to store and access files and data from multiple devices, such as computers, smartphones, and tablets, over the network.

Essentially, it functions as a personal cloud storage solution, offering other features like file sharing, media streaming, and remote access.

However, NAS devices, which come in various configurations and storage capacities, are not cheap.

Those who are more technically inclined could opt to assemble their own unit, but this will require researching various topics and familiarity with terminologies like RAID (redundant array of independent disks) and learning NAS-specific operating systems like TrueNAS and Unraid.

However, if you’re seeking a robust backup plan, consider adopting the popular 3-2-1 backup principle.

It’s a straightforward rule – though very demanding – that is designed to ensure that your data stays safe no matter what happens.

Let’s break it down: “3” stands for having at least three copies of your data; “2” means storing them on two different types of media; and “1” emphasises keeping one copy offsite or on the cloud. This method ensures that your data is well-protected against accidents, hardware failures, and other unexpected events.

Arina recommends beginning with a simple approach: identify the data essential to your daily digital life, such as chat messages, pictures, and documents.

“The key to this is to back up regularly or set your backups to run automatically. Some applications that users use daily may already have this readily integrated into their cloud accounts.

“And remember to test your backups once in a while to ensure they work when needed,” she says.

Sin emphasises the importance of education and awareness in establishing a strong backup culture.

“We encourage everyone to share the significance of backups with friends, family, and colleagues,” says Sin, “in order to collectively cultivate a more secure digital environment.”

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How the Philippines colludes with US government, think tank and media in 'sadfishing' itself, demonizing China on South China Sea issue

 

The China Coast Guard expels Philippine vessels which had illegally intruded into waters adjacent to Ren'ai Jiao in China's Nansha Islands, on March 23, 2024. Photo: VCG

The Philippines has been making a show of the South China Sea issue for a long time. It has repeatedly provoked China and created tension in the South China Sea region while turning a blind eye to historical facts. Seemingly suffering from a sort of histrionic personality disorder, the Philippines has not only staged many farces on the issue, but also colluded with anti-China forces in the US-led West to play the thief crying "stop thief."

Last week, during his visit in the Philippines, US Secretary of State Antony Blinken reportedly "criticized China's provocative actions" in the South China Sea. Portraying the Philippines as a victim and China as a "perpetrator" has become a common intrigue to win attention and sympathy in the international community.

Supplying to its vessels illegally grounded on China's sovereign islands in the South China Sea is a trick of showmanship that the Philippines has employed in recent months. On Saturday, it sent a supply vessel and two coast guard vessels to intrude into the adjacent waters of China's Ren'ai Jiao (also known as Ren'ai Reef) in disregard of China's strong opposition. 

"China's Coast Guard took necessary measures at sea in accordance with the law to safeguard China's rights, firmly obstructed the Philippine vessels, and foiled the Philippines' attempt," Chinese Foreign Ministry stated that same day.

Days earlier, Philippine civil group the Atin Ito coalition said it was planning another mission to the South China Sea with the aim of "delivering aid to fishermen" around China's Huangyan Dao (also known as Huangyan Island). According to Philippine media, the group openly claimed to mobilize "a delegation of international observers" to join their mission. It didn't seem to mind making the involvement of Western forces public.

"What it's like on board an outnumbered Philippine ship facing down China's push to dominate the South China Sea (CNN, March 26)," "China coast guard flexes its might against the Philippines in disputed waters as journalists look on (The Economic Times, March 27)"… It's not exaggeration to say that most media stories that smear China on the South China Sea issue, whether by Philippine or Western media, are products of the collusion between the anti-China forces of the Philippines and the US-led West. 

The Global Times has looked into some of the various collusion forms, trying to reveal what's behind the current numerous untrue and misleading "media reports" that one-sidedly support the Philippines and attack China.

People protest with signs and placards on Mendiola Street against the visit of US Secretary of State Antony Blinken to the Philippines in Manila, on March 19, 2024.Photo: VCG

People protest with signs and placards on Mendiola Street against the visit of US Secretary of State Antony Blinken to the Philippines in Manila, on March 19, 2024. Photo: VCG

Closely linked Philippine coast guard, 'civil groups,' and US scholars

The Atin Ito coalition disclosed its new "supply mission" plan at an event it held in Manila on March 14. The event gathered senior officers from the Philippine military and government, and representatives from the British, Australian, Dutch, Swedish, and European Union embassies, local media Palawan News reported the following day.

The guest list implied that Atin Ito has never been an ordinary "civil group." Close sources told the Global Times that the group was led by Risa Hontiveros, an anti-China senator who once asserted raising the notorious 2016 South China Sea "arbitration" to the United Nations General Assembly. Last winter, Hontiveros planned a "Christmas supply" mission for Atin Ito, asking the group members to send food and goods to a military vessel "stationed" at Ren'ai Jiao with the help of the Philippine Coast Guard (PCG).

Atin Ito had tried to land on Huangyan Dao and plant the Philippines flag on the island in June 2016. According to the Philippine Daily Inquirer, a US scholar Anders Corr was among the group's activists aboard the fishing boat that intruded into the adjacent waters of the island.

All the information has reflected that the so-called "civil groups" resupplying Huangyan Dao and Ren'ai Jiao are "nothing but a farce jointly planned by a few Philippine politicians and military, as well as the anti-China forces in the US-led West," Yang Xiao, deputy director of the Institute of Maritime Strategy Studies, China Institute of Contemporary International Relations, told the Global Times.

In an article published on March 6, The Associated Press (AP) introduced a PCG strategy of publicizing "aggressive actions" by China in the South China Sea, which aims to "spark international condemnation that has put Beijing under the spotlight." This strategy is known as "offensive transparency." 

"We will continue [with the strategy]," PCG spokesperson Commodore Jay Tarriela said in February.

Joining the PCG in 2005, Tarriela allegedly has numerous links with the US. In 2021, he was largely involved in bilateral US-Philippine collaboration, including in the Pacific Forum's US-Philippines' Next Generation Leaders Initiative, a project sponsored by the US Department of State, through the US Embassy in Manila. 

According to an article by The Philippine Star in December 2023, Tarriela was considered a representative of the "pro-American faction," and even faced "CIA agent" accusations on social media.

Raymond Powell is another name frequently mentioned in the Philippines' "offensive transparency" strategy. 

A retired US colonel, Powell is the founder of the security think tank Project Sealight, and leads the "Project Myoushu" at Stanford University in cooperation with the PCG and some Philippine Foreign Ministry officials. 

The main purpose of the project is to support the "offensive transparency" strategy and help create a "victim" image for the Philippines on the South China Sea issue.

A US Air Force C-130 cargo plane comes in for a landing past US marines F/A-18 Hornet fighter jets during the semi-annual Philippine-US military exercise at the airport of the former US naval base in Manila, the Philippines, on July 13, 2023. Photo: VCG

A US Air Force C-130 cargo plane comes in for a landing past US marines F/A-18 Hornet fighter jets during the semi-annual Philippine-US military exercise at the airport of the former US naval base in Manila, the Philippines, on July 13, 2023. Photo: VCG

US journalists invited on board

On March 5, two supply vessels and two coast guard vessels from the Philippines, illegally intruded into the adjacent waters of Ren'ai Jiao of China's Nansha Qundao, in an attempt to send materials, including construction materials, to the vessel illegally grounded at Ren'ai Jiao. The China Coast Guard took strict regulatory action to curtail the Philippine vessels' intrusion.

It is worth noting that the Philippines' mission included journalists from CNN, who said they witnessed a "high-stakes confrontation" that day, and wrote features that described their experiences on board in detail. 

The CNN reporters wrote it was "the first time foreign journalists have been allowed to embed with the fleet in decades." But in fact, more than 10 years ago, US media reporters had boarded Philippine official vessels, including supply vessels, and wrote distorted media reports based on their first-hand experiences.

Early in 2013, The New York Times reporter Jeff Himmelman had been to the "Sierra Madre" vessel illegally grounded at Ren'ai Jiao for an interview, and later described the confrontation between China and the Philippines at South China Sea as "a game of shark and minnow" in a feature story. 

Himmelman revealed that before they arrived they had "already hooked things up" with the local officials and the Filipino Navy.

In recent years, US journalists have been frequently invited on Philippine ships to participate in the PCG's "missions." In 2023 alone, two AP reporters and several other media staffers were invited aboard three PCG vessels that protect supply ships in November. In April 2023 the PCG reportedly invited many journalists, including those from the AP, to join a 1,670-kilometer "patrol."

According to a Chinese correspondent who worked in the Philippines for many years, there is a large number of US journalists in the Philippines. The Philippine authorities maintain close contact with foreign journalists in the country, and therefore, "it is easy for the authorities to seek cooperation from US journalists," said the correspondent who spoke on condition of anonymity.

The PCG's purpose of inviting journalists on board is to deliberately amplify the possible "incidents" through media, and to launch defamation warfare against China, the correspondent told the Global Times. "But I think [directly taking CNN reporters on board the PCG vessels] is excessive, and is even a sort of 'dishonor to the country,'" the correspondent added. "There is resentment within the Philippines, too."

US-funded Philippine media

Searching online media coverage on the South China Sea, one may find that Philippine and US media outlets are particularly close. They quote and forward each other's South China Sea stories, working closely together in attacking China on this topic.

Some of the major Philippine media outlets that are active in reporting on South China Sea include Rappler, VeraFiles, and the Philippine Center for Investigative Journalism. 

Having called themselves "independent", these media outlets turn out to be are reportedly funded by the CIA and the US' infamous National Endowment for Democracy (NED).

In 2019, journalists from the aforementioned three media outlets were accused of receiving payments from the CIA, "a potential criminal offense under local law." The accusations claimed that the CIA uses the NED to channel funds, and the three media outlets "receive substantial grants from the NED," said the organization Committee to Protect Journalists in May that year.

VeraFiles, for instance, started receiving funds from the NED since 2016. 

The NED website shows that, so far VeraFiles has got five batches of money from this US government-backed foundation, totally $350,600. It's far from a small amount for a media outlet without full-time reporters (only three editors and two web technicians). But VeraFiles has never disclosed how it spent the money.

Obviously, the Philippines has deeply colluded with the US government, think tanks, and media from top to bottom in "sadfishing" itself and demonizing China on the South China Sea issue. Worse still, such a nasty trick by the Philippines may become normal and diversified in the future, said Chen Xiangmiao, director of the World Navy Research Center at the National Institute for South China Sea Studies.

In response to the slander, Chen suggested China fight back with strong facts including on-site images, videos, and objective data. "We should make it clear to the international community what China's claims are in the South China Sea," Chen told the Global Times. "Do not let the US and the Philippines skew international public opinion."

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Wednesday, March 27, 2024

rightwaystechnoplogies68@gmail.com


Big draw: Nvidia chief executive officer Jensen Huang speaking at an industry event in California. Some big tech companies are trying to show developers how to migrate away from Nvidia’s dominance in AI. — Bloomberg

Exclusive: Behind the plot to break Nvidia's grip on AI by ...

Nvidia's grip on AI by targeting software.html

Alliance seeks to use alternative open source software 

SAN FRANCISCO: Nvidia earned its US$2.2 trillion market cap by producing artificial-intelligence (AI) chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft, OpenAI and Google parent Alphabet .

Almost as important to its hardware is the company’s nearly 20 years’ worth of computer code, which helps make competition with the company nearly impossible. More than four million global developers rely on Nvidia’s Cuda software platform to build AI and other apps.

Now a coalition of tech companies that includes Qualcomm, Google and Intel plans to loosen Nvidia’s chokehold by going after the chip giant’s secret weapon: the software that keeps developers tied to Nvidia chips.

They are part of an expanding group of financiers and companies hacking away at Nvidia’s dominance in AI.

“We’re actually showing developers how you migrate out from an Nvidia platform,” Vinesh Sukumar, Qualcomm’s head of AI and machine learning, said in an interview with Reuters.

Starting with a piece of technology developed by Intel called OneAPI, the UXL Foundation, a consortium of tech companies, plans to build a suite of software and tools that will be able to power multiple types of AI accelerator chips, executives involved with the group told Reuters.

The open-source project aims to make computer code run on any machine, regardless of what chip and hardware powers it.

“It’s about specifically – in the context of machine learning frameworks – how do we create an open ecosystem, and promote productivity and choice in hardware,” Google’s director and chief technologist of high-performance computing, Bill Magro, said in an interview.

Google is one of the founding members of UXL and helps determine the technical direction of the project, Magro said.

UXL’s technical steering committee is preparing to nail down technical specifications in the first half of this year. Engineers plan to refine the technical details to a “mature” state by the end of the year, executives said.

These executives stressed the need to build a solid foundation to include contributions from multiple companies that can also be deployed on any chip or hardware.

Beyond the initial companies involved, UXL will court cloud-computing companies such as Amazon.com and Microsoft’s Azure, as well as additional chipmakers.

Since its launch in September, UXL has already begun to receive technical contributions from third parties that include foundation members and outsiders keen on using the open-source technology, the executives involved said.

Intel’s OneAPI is already usable, and the second step is to create a standard programming model of computing designed for AI.

UXL plans to put its resources toward addressing the most pressing computing problems dominated by a few chipmakers, such as the latest AI apps and high-performance computing applications.

Those early plans feed into the organisation’s longer-term goal of winning over a critical mass of developers to its platform.

UXL eventually aims to support Nvidia hardware and code, in the long run.

When asked about the open source and venture-funded software efforts to break Nvidia’s AI dominance, Nvidia executive Ian Buck said in a statement: “The world is getting accelerated. New ideas in accelerated computing are coming from all across the ecosystem, and that will help advance AI and the scope of what accelerated computing can achieve.”

The UXL Foundation’s plans are one of many efforts to chip away at Nvidia’s hold on the software that powers AI. Venture financiers and corporate dollars have poured more than US$4bil into 93 separate efforts, according to custom data compiled by PitchBook at Reuters’ request.

The interest in unseating Nvidia through a potential weakness in software has ramped up in the last year, and startups aiming to poke holes in the company’s leadership gobbled up just over US$2bil in 2023 compared with US$580mil from a year ago, according to the data from PitchBook.

Success in the shadow of Nvidia’s group on AI data crunching is an achievement that few of the startups will be able to achieve.

Nvidia’s Cuda is a compelling piece of software on paper, as it is full-featured and is consistently growing both from Nvidia’s contributions and the developer community. — Reuters

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Prime Minister of the Netherlands Mark Rutte is on a working visit to China from Tuesday to Wednesday, at a time when the Netherlands' chip export policy has been in the spotlight. Chinese analysts pointed out that Rutte's visit is perfectly timed, as his country's largest company, the semiconductor equipment maker ASML, is seeking to expand outside the Netherlands after raising concerns about the country's business climate.

China's economic prospects, opening-up pledges help global growth, stability as Boao Forum kicks off annual meeting

The Boao Forum for Asia (BFA) convened its annual conference in Boao, South China's Hainan Province on Tuesday, with officials and other participants calling for unity and cooperation in Asia and around the world to jointly tackle rising regional and global challenges, ranging from trade protectionism to geopolitical tension.

At Boao Forum, Asian central bank officials eye greater use of local currencies to fend off risks

Central bank officials and financial regulators from several Asian countries on Wednesday called for expanding currency swap arrangements through both bilateral and multilateral mechanisms to support cross-border trade and investment and reduce reliance on the US dollar, as part of the region's efforts to bolster financial safety nets and fend ...

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