Albert Y. Zomaya

1 week ago | innovationaus.com | Justin Hendry |Albert Y. Zomaya

The global trade war triggered by US President Donald Trump earlier this month shows no signs of ending anytime soon. In recent days, China suspended exports of a wide range of critical minerals that are vital ingredients in everything from electric cars and drones to the semiconductor chips that power artificial intelligence servers. Around the same time, Mr Trump also indicated he would soon impose new tariffs on semiconductor chips.

1 week ago | startupdaily.net | Denham Sadler |Adam Bub |Albert Y. Zomaya |Simon Thomsen

Australia’s peak science and tech body has warned the Coalition’s plans to shut down Labor’s $15 billion manufacturing fund would put a handbrake on the nation’s innovation efforts. Citing Coalition sources, the AFR reported last week that if the Coalition wins the upcoming May election it plans to redirect all remaining capital allocated to the National Reconstruction Fund (NRF), totalling about $14.5 billion.

1 week ago | startupdaily.net | Albert Y. Zomaya |Adam Bub |Simon Thomsen |Kane Jackson

Around the same time, Trump also indicated he would soon impose new tariffs on semiconductor chips. All of this is happening at the same time the US is forging ahead with a US$500 billion (A$784 billion) project known as “Stargate” to accelerate the development of AI in the country. But the escalating trade war does not square with America’s ambitious AI plans.