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	<title>#ArtificialIntelligence &#8211; The Milli Chronicle</title>
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		<title>ByteDance taps Nvidia’s top AI chips in $2.5 bln overseas compute push</title>
		<link>https://millichronicle.com/2026/03/63424.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 13 Mar 2026 13:15:30 +0000</pubDate>
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					<description><![CDATA[Beijing — ByteDance, the Chinese parent company of TikTok, is building large-scale computing capacity using advanced chips from Nvidia outside]]></description>
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<p><strong>Beijing</strong> — ByteDance, the Chinese parent company of TikTok, is building large-scale computing capacity using advanced chips from Nvidia outside China to support its global artificial intelligence development, the Wall Street Journal reported on Thursday.</p>



<p>According to the report, ByteDance is collaborating with Southeast Asian cloud provider Aolani Cloud to deploy around 500 Nvidia Blackwell computing systems in Malaysia, incorporating roughly 36,000 B200 chips.</p>



<p>The computing infrastructure project could cost more than $2.5 billion, the report said, citing people familiar with the matter.</p>



<p>Aolani Cloud currently operates hardware worth about $100 million, according to the report, meaning the proposed deployment would represent a major expansion of its existing capacity.</p>



<p>ByteDance plans to use the new computing resources to advance AI research and development outside China and to meet rising demand from international customers for artificial intelligence services.</p>



<p>The arrangement reflects how global technology companies are structuring data infrastructure to comply with export controls governing the sale of advanced semiconductors.</p>



<p>An Nvidia spokesperson said current export regulations allow cloud infrastructure to be built and operated outside countries subject to restrictions.</p>



<p>“By design, the export rules allow clouds to be built and operated outside controlled countries. Winning the business of those clouds will bring tens of billions of dollars and high paying jobs home,” the spokesperson said.</p>
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		<title>Global Push to Regulate Artificial Intelligence Intensifies as Governments Race to Set Rules</title>
		<link>https://millichronicle.com/2026/03/63389.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 16:15:53 +0000</pubDate>
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					<description><![CDATA[Brussels,Governments around the world are accelerating efforts to regulate artificial intelligence as the rapid expansion of powerful AI systems raises]]></description>
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<p><strong>Brussels,</strong>Governments around the world are accelerating efforts to regulate artificial intelligence as the rapid expansion of powerful AI systems raises concerns about security, misinformation, and economic disruption.</p>



<p> Policymakers, technology companies, and international organizations are increasingly debating how to balance innovation with safeguards for society.The global debate gained momentum after the landmark legislation introduced by the European Union known as the EU Artificial Intelligence Act. </p>



<p>The law, considered the first comprehensive attempt to regulate artificial intelligence globally, establishes strict rules governing how AI systems can be developed, deployed, and monitored across the bloc’s 27 member states.</p>



<p>Under the new framework, AI systems are classified according to risk levels. Applications deemed “high risk,” such as facial recognition, healthcare algorithms, and financial decision-making tools, must comply with stringent transparency and safety requirements. Companies that violate the rules could face significant financial penalties.</p>



<p>European officials say the regulation is intended to ensure that AI technologies are trustworthy and aligned with democratic values. Supporters argue that clear rules will protect consumers while still allowing innovation to flourish.</p>



<p>However, the law has also sparked intense debate within the technology sector. Major technology firms such as OpenAI, Google, and Microsoft have warned that overly strict regulations could slow technological progress and reduce competitiveness compared with regions that adopt more flexible approaches.Despite these concerns, many governments view regulation as increasingly urgent.</p>



<p> The rapid rise of advanced generative AI tools capable of producing human-like text, images, and videos has raised fears about misinformation, election interference, and digital fraud.In the United States, policymakers are working on their own approach to AI governance. </p>



<p>While the country has not yet introduced a single comprehensive law similar to the EU’s framework, the administration of Joe Biden has issued executive orders requiring federal agencies to establish safety standards for advanced AI models.American regulators are focusing particularly on issues such as national security, intellectual property rights, and the potential misuse of AI-generated content. </p>



<p>Lawmakers have also begun examining how artificial intelligence could affect labor markets and whether new policies will be needed to protect workers.Across Asia, governments are also moving quickly to shape the future of AI development. In China, authorities have introduced rules requiring companies to register generative AI systems and ensure that content produced by those systems aligns with national regulations.</p>



<p> Chinese officials argue that such oversight is necessary to maintain social stability while still promoting technological innovation.At the same time, technology competition between global powers is intensifying. AI has become a strategic priority for governments seeking economic growth, technological leadership, and military advantages.Experts say the race to dominate artificial intelligence could reshape global power structures in the coming decades. </p>



<p>Countries that successfully develop advanced AI capabilities may gain significant advantages in industries ranging from healthcare and finance to defense and cybersecurity.However, the technology also raises profound ethical questions. Researchers have warned that poorly regulated AI systems could reinforce existing social biases, compromise privacy, or generate convincing but false information on a massive scale.</p>



<p>International organizations such as the United Nations have called for greater global cooperation to address these challenges. Some policymakers are advocating the creation of international standards or oversight mechanisms similar to those used in nuclear energy or aviation safety.</p>



<p>The debate is particularly intense in sectors where AI is already transforming daily life. In healthcare, machine learning systems are being used to assist doctors in diagnosing diseases and analyzing medical images. While these tools have the potential to improve patient outcomes, regulators worry about accountability if algorithms make errors.In the financial industry, AI-powered systems are increasingly responsible for making lending decisions, detecting fraud, and managing investments.</p>



<p> Regulators fear that opaque algorithms could create systemic risks if their decision-making processes are not properly understood.Education is another sector undergoing rapid change. AI tools capable of generating essays, solving complex problems, and tutoring students are becoming widely available. While educators recognize their potential benefits, they also worry about academic integrity and the long-term effects on learning.</p>



<p>Technology companies themselves have acknowledged the need for safeguards. Many firms are investing heavily in research aimed at improving AI safety, transparency, and accountability.Executives at leading technology companies argue that collaboration between governments and the private sector will be essential. They emphasize that artificial intelligence is evolving so quickly that regulatory frameworks must remain flexible enough to adapt to new developments.Economists believe the stakes are extremely high.</p>



<p> Artificial intelligence is expected to transform productivity and economic growth across multiple industries. Some studies suggest that AI could add trillions of dollars to the global economy over the next decade.At the same time, automation driven by AI may disrupt traditional employment patterns. Jobs involving routine or repetitive tasks are particularly vulnerable, raising concerns about how workers will adapt to the changing economic landscape.</p>



<p>Governments are therefore exploring policies aimed at supporting workforce transitions. These include retraining programs, education reforms, and investments in emerging industries that could create new employment opportunities.Despite the challenges, many experts remain optimistic about the technology’s potential.</p>



<p> Artificial intelligence could accelerate scientific discovery, improve public services, and help address global challenges such as climate change and disease.Yet the pace of technological change means that decisions made today will shape how AI affects society for decades to come. Policymakers face the difficult task of encouraging innovation while also protecting citizens from potential risks.The coming years will likely determine whether the world can develop a balanced framework for governing artificial intelligence.</p>



<p> As governments, companies, and researchers continue to debate the best path forward, the global race to define the future of AI is only just beginning.</p>



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		<title>Indonesia moves to curb AI access for schoolchildren in new digital policy</title>
		<link>https://millichronicle.com/2026/03/63366.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 13:58:21 +0000</pubDate>
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					<description><![CDATA[Jakarta, Indonesia on Thursday introduced a joint ministerial decree regulating the use of digital technology in education, including limits on]]></description>
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<p><strong>Jakarta</strong>, Indonesia on Thursday introduced a joint ministerial decree regulating the use of digital technology in education, including limits on access to artificial intelligence tools for students, as the government seeks to address concerns over excessive screen time and its impact on youth development.</p>



<p>The policy was signed in Jakarta by seven ministers and is designed to guide the use of digital technology and AI across formal and informal educational institutions, from early childhood education to universities.</p>



<p>Officials said the measure aims to balance the potential benefits of digital innovation with safeguards to protect children and teenagers from risks associated with prolonged exposure to digital platforms.</p>



<p>Indonesia has one of the world’s largest online populations, with nearly 230 million internet users in 2025, according to a survey by the Association of Indonesian Internet Service Providers. Generation Alpha and Generation Z together account for nearly half of that figure.</p>



<p>Government officials said Indonesian children spend about 7.5 hours per day on screens, raising concerns about the social and cognitive effects of prolonged digital engagement.</p>



<p>Pratikno, Indonesia’s Coordinating Minister for Human Development and Cultural Affairs, said the decree was introduced partly in response to growing concerns about mental health issues among young people.</p>



<p>“There are a lot of factors but the number of teenagers with mental health issues are high and continue to increase, and one of the suspected triggers that have been proven academically  is the uncontrolled, unmitigated use of digital technology,” Pratikno said.</p>



<p>He added that excessive reliance on digital tools could weaken brain activity and reduce critical thinking, cognitive development and reflective abilities among students.</p>



<p>The policy also seeks to promote responsible digital use and strengthen digital literacy among young Indonesians.</p>



<p>Meutya Hafid, Minister of Communication and Digital Affairs, said the initiative was intended to ensure that children are able to use technology in a way that reflects their level of readiness.</p>



<p>“Indonesia has a significant number of children using the internet. Therefore, we must ensure that they are not only a target market for the technology industry, but also able to utilize technology according to their readiness,” she said.</p>



<p>The decree was also signed by officials including Higher Education, Science and Technology Minister Brian Yuliarto and Primary and Secondary Education Minister Abdul Mu’ti, reflecting a cross-government approach to regulating digital technology in the education sector.</p>
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		<title>China bets on sweeping AI rollout to revive growth and generate jobs</title>
		<link>https://millichronicle.com/2026/03/63305.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Wed, 11 Mar 2026 05:12:49 +0000</pubDate>
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					<description><![CDATA[Beijing,— China is accelerating a nationwide push to adopt artificial intelligence across industries in an effort to create jobs and]]></description>
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<p><strong>Beijing</strong>,— China is accelerating a nationwide push to adopt artificial intelligence across industries in an effort to create jobs and revive economic growth, policymakers and corporate leaders said, as authorities seek to counter concerns that the technology could undermine employment.</p>



<p>Plans unveiled during the opening of China’s annual parliamentary session last week placed artificial intelligence at the center of the country’s economic strategy, outlining ambitions to use the technology to raise productivity and address structural challenges including an ageing workforce and slowing growth.</p>



<p>Chinese policymakers said large-scale deployment of artificial intelligence could help offset labour shortages and support economic expansion in the coming years. Officials have framed the technology as a key pillar in modernizing the economy and boosting industrial efficiency.</p>



<p>Government plans emphasize the “job-creation” potential of artificial intelligence over the next five years, positioning it as a tool to stimulate productivity across sectors while supporting broader economic reforms.</p>



<p>The strategy comes as global debate intensifies over the potential impact of artificial intelligence on labour markets. While experts warn the technology could replace certain roles, Chinese officials have sought to reassure the public that new sectors and services will generate additional employment opportunities.</p>



<p>Policymakers have also acknowledged that adjustments to welfare systems may be necessary as the labour market evolves alongside technological change, particularly for younger workers entering the workforce.</p>



<p>Educational institutions across China have begun expanding programmes aimed at preparing students and workers for an economy increasingly shaped by artificial intelligence. Universities are promoting reskilling initiatives designed to equip graduates with technical and digital capabilities aligned with emerging industries.</p>



<p>The initiatives form part of a broader effort to integrate advanced technologies into the country’s long-term economic development strategy while addressing demographic and productivity challenges.</p>



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		<title>Employment resilience: China pledges labour stability despite AI disruption</title>
		<link>https://millichronicle.com/2026/03/employment-resilience-china-pledges-labour-stability-despite-ai-disruption.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Sat, 07 Mar 2026 05:57:15 +0000</pubDate>
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					<description><![CDATA[BEIJING, March 7 — China will maintain stable employment and sustain positive labour market momentum over the next five years]]></description>
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<p><strong><em>BEIJING</em></strong>, <strong><em>March 7 — China will maintain stable employment and sustain positive labour market momentum over the next five years despite mounting challenges from labour market uncertainty and the rapid development of artificial intelligence, Human Resources Minister Wang Xiaoping said on Saturday</em></strong></p>



<p>.Speaking to reporters on the sidelines of the annual parliamentary session in Beijing, Wang said authorities are working to expand job opportunities and mitigate pressures facing key segments of the workforce.Employment policy focusWang, who heads China’s Ministry of Human Resources and Social Security of China, said the government would prioritise employment policies aimed at supporting young people, university graduates and migrant workers, groups considered particularly sensitive to shifts in the labour market.</p>



<p>The comments were delivered during the annual meeting of the National People&#8217;s Congress, China’s top legislative body, where policymakers are outlining economic priorities and social policies for the coming years.Labour challenges emergeChina’s labour market has faced structural pressures in recent years, including demographic shifts, slower economic growth and evolving industrial demands. Officials have also acknowledged that technological advances, particularly in artificial intelligence and automation, could reshape employment patterns across multiple sectors.Wang said the government remains confident it can maintain employment stability while adapting to these changes, describing job creation and workforce support as key priorities in the country’s long-term economic strategy.</p>



<p>Focus on workforce inclusionThe minister said Beijing intends to strengthen measures that encourage hiring and expand employment channels, particularly for graduates entering the workforce and migrant labourers who make up a significant share of China’s urban employment base.Chinese authorities have frequently emphasised labour market stability as a cornerstone of economic and social policy, particularly during periods of structural transformation and technological change.</p>
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		<title>SoftBank seeks $40 billion loan to fund OpenAI bet</title>
		<link>https://millichronicle.com/2026/03/softbank-seeks-40-billion-loan-to-fund-openai-bet.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 06:37:35 +0000</pubDate>
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					<description><![CDATA[TOKYO, March 6 — SoftBank is seeking a loan of up to $40 billion to finance its investment in artificial-intelligence]]></description>
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<p><strong>TOKYO, March 6  — SoftBank is seeking a loan of up to $40 billion to finance its investment in artificial-intelligence company OpenAI, according to a Bloomberg News report on Friday citing people familiar with the matter, as the Japanese conglomerate accelerates its push into the rapidly expanding AI sector.</strong></p>



<p>The proposed bridge loan would carry a tenor of about 12 months and would be underwritten by four lenders, including JPMorgan Chase, the report said. Reuters could not immediately verify the details of the financing plan.OpenAI and SoftBank did not immediately respond to Reuters requests for comment.push to expand ai investmentsSoftBank Chief Executive Masayoshi Son has intensified the group’s investment drive in artificial intelligence, positioning the technology as central to the conglomerate’s long-term growth strategy. The company has expanded its exposure to AI startups and infrastructure projects in recent years as global competition in advanced computing accelerates.</p>



<p>SoftBank held a stake of about 11% in OpenAI at the end of last year, according to previously reported data, making it one of the technology group’s most prominent AI investments.The potential $40 billion facility would represent one of the largest short-term loans sought by a technology investor to support a single strategic bet, highlighting the scale of capital flowing into AI development and commercialization.ipo ambitions for openaiOpenAI, the developer of the widely used ChatGPT system, has been laying the groundwork for a potential initial public offering that could value the company at up to $1 trillion, Reuters reported exclusively last year, citing people familiar with the plans.The preparations come as the company expands its commercial partnerships and builds computing infrastructure to support large-scale artificial intelligence systems used by businesses and consumers.SoftBank’s prospective financing move would reinforce the close relationship between the Japanese investor and OpenAI, as global technology companies and financial institutions compete to secure stakes in AI firms expected to shape the next phase of the digital economy.</p>



<p>Bridge loans are typically used as temporary financing arrangements before longer-term funding is secured. In this case, the reported 12-month structure suggests the facility could provide SoftBank with near-term liquidity to expand its position while longer-term financing options or capital market transactions are considered.Financial institutions have shown growing willingness to fund AI-related investments amid expectations that demand for advanced computing, cloud infrastructure and AI applications will expand sharply over the coming decade.The reported loan effort also underscores SoftBank’s willingness to deploy large amounts of capital behind technologies it views as transformative. Under Son’s leadership, the group has previously pursued large-scale investments in sectors ranging from telecommunications to semiconductor design through its Vision Fund investment vehicles.While details of the proposed loan structure remain limited, the reported involvement of major global banks points to strong institutional interest in financing deals tied to artificial intelligence.</p>
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