GenAI

New Business

Former ByteDance executive takes helm at Baidu-backed Shengshu amid generative AI boom

A former ByteDance executive has joined Shengshu AI as CEO, marking a significant hire by one of China’s leading artificial…

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New Business

Chinese state science fund calls for algorithm research after studying DeepSeek models

The Chinese state foundation in charge of allocating funds for basic research said artificial intelligence (AI) development should not be…

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New Business

DeepSeek halts account top-ups as AI models rival ChatGPT’s popularity

DeepSeek has temporarily stopped developers from topping up their accounts to access the Chinese start-up’s artificial intelligence (AI) models, a…

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New Business

World’s top AI brains debate if DeepSeek’s model is a game changer

Major figures in artificial intelligence (AI) acknowledge the accomplishment of Chinese start-up DeepSeek, but caution against exaggerating the company’s success,…

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New Business

Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow

Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But…

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New Business

China’s GenAI market continues to heat up as Beijing records more LLM filings

Beijing added 11 new generative artificial intelligence (GenAI) services set for public release, as the nation’s capital continues to burnish…

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New Business

HKMA picks 10 banks, 4 tech firms as Hong Kong evaluates commercial benefits of GenAI

The Hong Kong Monetary Authority has picked 10 banks and four technology partners to test more than a dozen use…

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New Business

Troubled self-driving truck firm TuSimple rebrands as CreateAI, launches AI model

Troubled autonomous truck company TuSimple Holdings has rebranded itself CreateAI, as it walks away from costly self-driving technology development and…

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New Business

Founder of Chinese AI firm DeepGlint, an early mover, steps back amid rising losses

The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company…

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Tech

TikTok owner ByteDance hires prominent talent from start-ups in long-term commitment to AI

ByteDance, the owner of TikTok and its Chinese sibling Douyin, is furthering plans to boost its research capabilities in large…

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