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Chen - 2 Liang Chen - 1 Tencent - 1 OpenAI's ChatGPT - 1 Victor Peng - 1 Enrique Lores - 1 Stringer - 1 Mingming Su - 1
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Shanghai China ChinaJoy BEIJING SHANGHAI CHINA China . U.S Chengdu
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CNBC - 3 of - 2 Nvidia - 2 Tencent - 1 Games - 1 Intel - 1 AMD - 1 ChatGPT - 1

Search resuls for: "ChinaJoy"


8 mentions found


☆ Tencent Cloud downplays AI hype when it comes to making games
  + stars: | 2024-07-30 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +1 min
Tencent Games was one of the exhibitors at ChinaJoy in Shanghai on July 26, 2024. BEIJING — When it comes to gaming, the use of ChatGPT-like generative artificial intelligence is still in an exploratory phase, according to Liang Chen, general manager of Tencent Cloud's internet industry department. Parent company Tencent is one of the world's largest gaming companies and owns U.S.-based Riot Games, home of popular titles such as League of Legends and Valorant. Chen said that AI has long been used by gaming companies for pattern recognition and other functions, but effective use of generative AI comes with high costs. OpenAI's ChatGPT chatbot and similar technologies have enabled AI to better understand and generate content in a human-like way.
Persons: Liang Chen, Tencent, Chen, OpenAI's ChatGPT Organizations: Tencent, Games, of, CNBC Locations: ChinaJoy, Shanghai, BEIJING
☆ AMD bets on AI-powered PCs as artificial intelligence race with Nvidia, Intel heats up
  + stars: | 2024-02-02 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
SHANGHAI, CHINA - JULY 28, 2023 - Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats up. "[The market for] AI PCs is going to continue to expand," said Victor Peng, president of AMD, in an exclusive interview with CNBC on Thursday. He added that the firm expects more adoption of AI PCs in the second half of the year. IDC expects the integration of AI capabilities into PCs to serve as a catalyst for upgrades, hitting shelves this year.
Persons: Victor Peng, Enrique Lores Organizations: Nvidia, Intel, AMD, CNBC, ChatGPT, HP, International Data Corporation, IDC Locations: SHANGHAI, CHINA, Shanghai, China . U.S
☆ DouYu International forms committee to manage ops after CEO's arrest
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Acquire Licensing RightsNov 27 (Reuters) - Live streaming platform operator DouYu International Holdings said on Monday it has formed an interim management committee to manage its operations, following the arrest of its chief executive. Last week, DouYu said its chief executive officer and chairman Chen Shaojie was arrested on Nov. 16 in the southwestern city of Chengdu. Backed by Chinese tech giant Tencent (0700.HK), DouYu is the leading video game streaming platform in China by number of users. DouYu also appointed Simin Ren as its vice president last week, it said.
Persons: Stringer, Mingming Su, Hao Cao, Simin Ren, DouYu, Chen Shaojie, Chen, Echha Jain, Krishna Chandra Organizations: REUTERS, DouYu, Holdings, HK, Thomson Locations: Shanghai, China, Chengdu, Bengaluru
☆ Samsung expects memory chip demand to improve, as operating profit beats expectations
  + stars: | 2023-10-31 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +3 min
First quarter operating profit plummeted 85.15% from the fourth quarter of 2022, while second-quarter operating profit saw only 4.68% improvement from the first quarter. Here are Samsung's third-quarter results versus estimates:Revenue: 67.4 trillion Korean won (about $50 billion), vs. 67.8 trillion Korean won expected by analysts polled by LSEG. 67.4 trillion Korean won (about $50 billion), vs. 67.8 trillion Korean won expected by analysts polled by LSEG. Operating profit: 2.43 trillion Korean won, vs. 2.3 trillion Korean won expected by LSEG analysts. Earlier this month, Samsung estimated third-quarter revenue would be 67 trillion Korean won and operating profit to be 2.4 trillion won.
Persons: Ying Tang, Samsung, Goldman Sachs Organizations: Samsung, Getty Images, Samsung Electronics, LSEG, Korean Locations: Shanghai, China
☆ Esports made their 'tense and exciting' debut at this year's Asian Games
  + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +6 min
Esports, or professional video gaming, were an official sport at the Asian Games for the first time. AdvertisementAdvertisementEsports, or competitive video gaming, debuted as an official event at this year's Asian Games in Hangzhou, China that concluded earlier this month. Due to the event's popularity, esports tickets were sold on a lottery basis, with more than five million entering the ballot, according to Hangzhou Asian Games data. We're excited to see the landscape of esports events around the world expand," said John Robinson, president of US esport organization 100 Thieves. The Olympic Esports Series is "a global virtual and simulated sports competition created by the IOC, and in collaboration with International Federations and game publishers."
Persons: —, esports, Chris Liu, Liu, Esports, JADE GAO, John Robinson, Kim Gwanwoo, WANG ZHAO, Matt Woods, AFK, Grant Rousseau, " Rousseau Organizations: Asian Games, of, EA Sports FC Online, Singapore, Service, Professional, EA Sports FC, South Korea, Team Malaysia, China, Xinhua News Agency, South, Associated Press, Fighter, Getty, Olympic, IOC, International Federations, Guardian, Team Falcons Locations: Hangzhou, China, Thailand, Wuxi, esports, Asia, Pacific, US, South Korea, AFP, Los Angeles
☆ CNBC Daily Open: Rising yields can’t dampen excitement over Nvidia
  + stars: | 2023-08-22 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tech rallied amid rising yieldsThe Nasdaq Composite rallied Monday, breaking a four-day losing streak, even as the 10-year U.S. Treasury yield hit 4.342%, a decades-long high. Nasdaq listing for ArmArm filed for a Nasdaq listing Monday. CNBC Pro's Bob Pisani gives two reasons why investors are still calm — and one why they should perhaps start worrying.
Persons: Softbank, aren't, Bob Pisani Organizations: Nvidia, Entertainment, CNBC, Tech, Nasdaq, Treasury, Dow Jones, New, Federal, aren't panicking Locations: China, Shanghai
☆ Intel's 'historic collapse' erases $8 billion from market value
  + stars: | 2023-01-27 | by ( Aditya Soni Nivedita Balu | Aditya Soni | Nivedita Balu | ) www.reuters.com   time to read: +3 min
Jan 27 (Reuters) - Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market. The company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled with slowing growth in the data center business. The company has been steadily losing market share to rivals like AMD, which has used contract chipmakers such as Taiwan-based TSMC (2330.TW) to make chips that outpace Intel's technology. Intel, which plans to cut $3 billion in costs this year, generated $7.7 billion in cash from operations in the fourth quarter and paid dividends of $1.5 billion. With capital expenditure estimated to be around $20 billion in 2023, analysts said the company should consider cutting its dividend.
☆ World of Warcraft to go offline in China as Activision Blizzard and NetEase end 14-year deal
  + stars: | 2022-11-17 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
The booth of Blizzard Entertainment at the Chinajoy Expo in Shanghai, China, on Aug. 2, 2019. Activision Blizzard and Chinese gaming firm NetEase are ending their 14-year licensing agreement, a move that will result in hit game franchises like World of Warcraft and Overwatch shutting down in China. The deal, which was first struck back in August 2008, will now expire in January 2023 after the two firms were unable to agree on renewal terms. World of Warcraft, a massively multiplayer online game, is hugely popular in China. In a statement, NetEase CEO William Ding said Blizzard and NetEase had "material differences on key terms" in deal negotiations.
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