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Photo/Zheng Yuhang (NBD)

NO.1 South Korea to invest $6.94 billion in AI and semiconductors

South Korean President Yoon Suk Yeol announced on Tuesday that the country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) and semiconductors by 2027 to maintain its global leadership in cutting-edge semiconductor chips.

The investment plan includes creating a 1.4 trillion won ($1.03 billion) fund to nurture innovative AI semiconductor companies.

Commentary: South Korea's move will help consolidate its position in the global cutting-edge semiconductor market and promote AI innovation, which will have a profound impact on the industry landscape.

NO.2 Researchers grow human-mouse hybrid lungs using human cells

Researchers from Tohoku University in Japan and the University of Toronto in Canada have grown "hybrid artificial lungs" by injecting human cells into mouse lung tissue, according to a new study published in the journal Scientific Reports.

When the hybrid lungs were transplanted into other mice, blood was able to flow to all corners of the lungs.

The researchers said they next plan to inject human cells into pig lungs. Pig lungs are similar in size to human lungs. If the experiment is successful, it will be a step closer to clinical application of artificial organs.

Commentary: The progress of artificial organ research will promote the development of medical frontiers and is of great significance for improving human health level, and also brings new opportunities for the relevant medical industry.

NO.3 JPMorgan Chase CEO: AI will have a transformative impact like the steam engine

JPMorgan CEO Jamie Dimon compares AI's potential impact to electricity and the steam engine and says the tech could 'augment virtually every job.

Commentary: Dimon's remarks highlight the broad application prospects of AI technology in the financial sector, and herald that AI will become a key force driving the development of the industry.

NO.4 Samsung reportedly to receive $6-7 billion in subsidies from the US

According to foreign media reports citing sources, the Biden administration plans to announce next week that it will provide South Korean company Samsung with $6 billion to $7 billion in subsidies to expand chip production capacity at its Texas plant.

Sources said that US Commerce Secretary Gina Raimondo will announce the subsidy, which will be used to build four facilities in Taylor, Texas, including two factories, an advanced packaging facility and an R&D center.

Commentary: US subsidies to Samsung could change the global chip supply chain landscape and have a positive impact on improving regional industrial competitiveness。

NO.5 Bayer and Google Cloud partner on AI applications in radiology

Google Cloud and the German health-care company Bayer on Tuesday announced they are building an artificial intelligence-powered platform that aims to help radiologists diagnose patients and work through cases more quickly.

Commentary: The collaboration between Bayer and Google Cloud will accelerate the application of AI in the field of medical radiology and promote technological progress in the medical and health industry.

Disclaimer: The content and data in this article are for reference only and do not constitute investment advice.

Editor: Alexander