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U.S. And China Hold Fresh Trade Talks

Trump and Chinese President Xi Jinping agreed to halt any further tariff increases for 90 days beginning January 1.

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USA, China
Deputy U.S. trade representative Jeffrey D. Gerrish, center, and members of his delegation leave the Westin hotel in Beijing, China, Jan. 7, 2019, for talks with their Chinese counterparts. VOA

U.S. and Chinese negotiators are holding trade talks Monday in Beijing as the world’s two largest economies seek a resolution to an ongoing tariff fight.

The meetings are due to last for two days, and both sides are expressing optimism.

U.S. President Donald Trump said last week, “I think we’ll have a deal with China,” while Chinese Foreign Ministry spokesman Lu Kang said the negotiators would have “positive and constructive discussions.”

USA, china, trade talks
Deputy U.S. Trade Representative Jeffrey Gerrish (front), key member of the U.S. trade delegation to China, arrives at a hotel in Beijing, Jan. 6, 2019. VOA

Last year, Trump imposed tariff hikes of up to 25 percent on $250 billion of Chinese goods. That move prompted China to respond with its own tariff increases on $110 billion of U.S. goods.

Also Read: U.S. Delegation In Beijing To Start Talks

Trump and Chinese President Xi Jinping agreed to halt any further tariff increases for 90 days beginning January 1. (VOA)

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Huawei Releases Atlas 900, World’s Fastest Artificial Intelligence (AI) Training Cluster

We will keep investing with a strategy that focuses on four key areas

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Huawei, Atlas 900, World
The future of computing is a massive market worth more than two trillion US dollars. Pixabay

Chinese tech giant Huawei on Wednesday released Atlas 900, the world’s fastest Artificial Intelligence (AI) training cluster which would help to make technology more readily available for different fields of scientific research and business innovation.

“The future of computing is a massive market worth more than two trillion US dollars. We will keep investing with a strategy that focuses on four key areas. We will push the boundaries of architecture, invest in processors for all scenarios, keep clear business boundaries, and build an open ecosystem,” said Ken Hu, Huawei’s Deputy Chairman.

Atlas 900 combines the power of thousands of Ascend processors. It takes Atlas 900 only 59.8 seconds to train ResNet-50, the gold standard for measuring AI training performance. This is 10 seconds faster than the previous world record, the company said in a statement.

Huawei also deployed Atlas 900 on Huawei Cloud as a cluster service, making extraordinary computing power more broadly accessible to its customers across different industries.

Huawei, Atlas 900, World
Chinese tech giant Huawei on Wednesday released Atlas 900, the world’s fastest Artificial Intelligence (AI) training cluster which would help to make technology more readily available. Pixabay

The company has offered these services at a great discount to universities and scientific research institutes worldwide.

Huawei estimates that in the next five years, statistical computing will become the mainstream and AI computing will account for more than 80 per cent of all computing power used around the world.

In addition, the company announced its flagship Kirin 990 System on Chip (SoC) will be available in India soon.

Also Read- Kenyatta Assents to Division of Revenue Bill 2019, Calls on Counties to Prioritize Settlement of Pending Bills

The Kirin 990, which is also the world’s first 5G-integrated mobile chipset, is also the first mobile SoC to come with 10.3 billion transistors, thus making it incredibly fast and efficient. (IANS)