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Marsh Says Fed Should Ease Up on Banks That Insure AI Loans

Marsh & McLennan Cos. is urging US regulators to allow banks to hold less capital against loans covered by credit risk insurance as they look for new ways to offload data center exposure. Demand for hedging AI-related finance has exploded, …

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South Korea to Develop 8 AI Chips and 2 Semiconductor IPs by 2030

The South Korean government plans to develop eight domestic artificial intelligence (AI) chips and two semiconductor intellectual property (IP) assets by 2030 for applications including autonomous…

  • South Korea plans to develop 8 AI chips and 2 semiconductor IPs by 2030.
  • Samsung Electronics will provide 2nm process support for domestic AI chip production.
  • Government and industry leaders launched a 600.53 million USD project in November 2022.

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