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On May 22, Li Chao, Deputy Director of the Policy Research Office and Spokesperson of the National Development and Reform Commission, stated at a press conference that the core technologies and application demands in the field of artificial intelligence are showing rapid growth. We consistently adhere to a systematic approach, sector-specific policies, openness and sharing, and security and controllability, promoting the extensive and deep integration of artificial intelligence with all sectors of the economy and society. We guide domestic large-scale models to increase their adaptation to domestic computing chips, ensuring independent control, ethical development, and steady progress while maintaining rapid development, so that all people can share the fruits of artificial intelligence development. This is also a prominent feature of my countrys artificial intelligence development.Citigroup raised its price target for NetEase (NTES.O) from $165 to $174.AMD CEO Lisa Su: Over the next five years, we expect the CPU market to grow by more than 35% annually.AMD CEO Lisa Su: We will continue to increase supply every quarter this year and plan to continue increasing supply in 2027 and beyond. Demand for CPUs will rise in the coming years.On May 22, the National Development and Reform Commission (NDRC) held a press conference. Li Chao, Deputy Director of the NDRCs Policy Research Office, stated that the NDRC is currently planning to release supporting documents to accelerate the implementation of artificial intelligence (AI) and further strengthen resource guarantees. Simultaneously, the NDRC will continue to promote the opening up of high-value application scenarios by central and state-owned enterprises, creating benchmark AI applications across various industries, sectors, and regions, and accelerating the integration of AI into all aspects and stages of business management.

LG Energy inks supply contracts with three Canadian mining companies

Skylar Williams

Sep 23, 2022 11:13

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LG Energy Solution has sourcing agreements for lithium and cobalt with three Canadian mining companies in order to extend its operations in North America.


The deals, according to the Tesla (NASDAQ:TSLA) supplier, are part of an effort to expand mid- to long-term supply contracts with North American mines and processors.


LG stated that Electra, Avalon, and Snowlake will supply 7,000 tonnes of cobalt sulfate over the course of three years beginning in 2023, 55,000 tonnes of lithium hydroxide over the course of five years beginning in 2025, and 200,000 tonnes over the course of ten years.

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