Source: scmp.com
Image content: The image depicts a graphic representation of computer microchips and stock market data.
The main subject or scene shown is a collection of microchips arranged in rows, with stock market data displayed in the background.
People, objects, locations, or events visible in the image include:
* Multiple rows of microchips with yellow squares on top
* Stock market data displayed in a grid format behind the microchips
* The data includes various numbers and symbols, such as red and green text, indicating positive and negative changes in stock prices
News-worthy elements or context that can be identified from the image itself include:
* The image appears to be related to the technology or semiconductor industry, given the presence of microchips
* The stock market data suggests that the image may be related to financial news or market trends
A concise 2-3 sentence description of the image is: The image shows multiple rows of microchips with yellow squares on top, set against a background of stock
Summary
Alibaba and Baidu plan to list their AI chip design units through IPOs, intensifying competition in China's AI chip market and reducing reliance on US technology, amid a broader US-China tech rivalry playing out in capital markets.
Key Points
- Alibaba and Baidu's AI chip design units, T-Head and Kunlunxin, are planning IPOs.
- The move reflects China's drive for self-reliance in AI technology.
- The US-China tech rivalry is expanding into capital markets, with IPOs becoming a key battleground.