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New Business

China narrows AI gap with US 3 years after initial ChatGPT shock

Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on the implications…

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New Business

Meta plans budget cuts as high as 30% to its metaverse efforts in 2026

Meta Platforms CEO Mark Zuckerberg is expected to cut resources for building the so-called metaverse, an effort that he once…

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New Business

Chinese unicorn Moonshot launches AI model Kimi K2 in red-hot open-source market

Chinese start-up Moonshot AI has released a new open-source artificial intelligence (AI) model, called Kimi K2, that is touted to…

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New Business

Alibaba executive sees ‘explosive growth’ in AI applications in China in 2025

AI models’ growing capabilities “have created new opportunities for AI applications”, said Liu Weiguang, senior vice-president of Alibaba’s cloud computing…

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New Business

Alibaba CEO highlights AI advancement at China’s internet forum

The e-commerce giant is committed to laying the infrastructural groundwork and supporting systems for AI development in the country, Wu…

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Tech

Inference tool promises higher performance

AI hardware startup Cerebras has created a new AI inference solution that could potentially rival Nvidia’s GPU offerings for enterprises.…

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Tech

Building for tomorrow, not immediate profits

Meta has signalled a long-term AI strategy that prioritises substantial investments over immediate revenue generation. During the company’s Q2 earnings…

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Tech

Every business will ‘have an AI’

In a fireside chat at SIGGRAPH 2024, NVIDIA founder and CEO Jensen Huang and Meta founder and CEO Mark Zuckerberg…

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Tech

Meta’s Zuckerberg puts faith in open-source AI to maintain US lead over China

Meta Platforms chief executive Mark Zuckerberg, whose company runs Llama, the world’s largest open-source large language model (LLM), said artificial…

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Tech

AI race: Alibaba, Tencent quickly adopt Meta’s new Llama 3.1 model amid excitement

Alibaba Cloud, the e-commerce giant’s online computing platform, was among the first to include the latest open-source Llama family of…

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