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China offers computing vouchers to AI startups, Bayer struggles with Roundup lawsuits, Israeli minister visits White House, Buffett warns about wildfires, utilities industry. Podcast covers various topics including economic impacts, political tensions, and environmental concerns.
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- China supports AI startups with computing vouchers amid chip shortage challenges.
- Bayer's struggles with Roundup lawsuits prompt reevaluation of legal defense strategy and share prices.
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China Supporting AI Startups with Vouchers for Computing Resources
China is assisting its AI startups by offering vouchers for crucial computing resources such as data center time for AI training. With the US limiting China's access to necessary chips, computing resources within China are scarce, leading to tech giants like Alibaba, Tencent, and ByteDance monopolizing these resources. Although the vouchers aim to aid startups with mounting costs, analysts highlight the ongoing chip shortage as a challenge.
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