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OpenAI releases social app for sharing AI videos from Sora, challenging TikTok and Meta

OpenAI is releasing a stand-alone social app for making and sharing artificial intelligence-generated videos with friends, an attempt to supercharge…

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New Business

World’s top hedge fund Bridgewater dumps all China stocks in retreat from market

The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter,…

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New Business

Alibaba’s world-leading AI lab becomes a target for talent poaching by Chinese rivals

Top artificial intelligence talent at Alibaba Group Holding’s Tongyi Lab, developer of the widely used open-source Qwen models, has become…

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New Business

Meta changes course on open-source AI as China pushes ahead with advanced models

Facebook parent Meta Platforms, a major proponent of open-source artificial intelligence (AI) models with its Llama family, has indicated it…

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New Business

WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

China is now home to 1,509 AI models, which accounts for more than 40 per cent of the world’s total,…

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New Business

How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley

July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence community. On that day, US…

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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

Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

Rokid, a Chinese maker of augmented reality (AR) glasses, is set to launch its latest AR Spatial eyewear globally through…

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New Business

Huawei claims better AI training method than DeepSeek using own Ascend chips

Researchers working on Huawei Technologies’ large language model (LLM) Pangu claimed they have improved on DeepSeek’s original approach to training…

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New Business

OpenAI buys iPhone designer Jony Ive’s start-up, teases ‘coolest piece of technology’

OpenAI is buying Jony Ive’s start-up io Products in a US$6.5 billion deal and will bring the chief designer of…

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