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New Business

Nvidia’s strong forecast calms AI bubble jitters, for now

The chipmaker’s stellar third-quarter earnings and fourth-quarter forecast calmed, at least temporarily, investor nerves over concerns an AI boom has…

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New Business

Nvidia’s latest earnings run into a market suddenly afraid of AI spending

Wall Street will get a sense of where the billions of dollars being spent on artificial intelligence are going when…

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New Business

Alibaba’s Qwen app challenges AI subscription models with free access

Alibaba Group Holding has officially launched its multipurpose artificial intelligence app, Qwen, promising a “free-for-all” gateway for consumers to access…

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Alibaba revamps Qwen chatbot as some see Silicon Valley ‘panic’ over firm’s AI progress

Alibaba Group Holding has begun a revamp of its artificial intelligence chatbot in a move to match OpenAI’s ChatGPT, according…

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Anthropic commits US$50 billion to build AI data centres in US

Anthropic plans to spend US$50 billion to build custom data centres for artificial intelligence work in several US locations, including…

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Intel CEO to oversee its AI efforts after executive departs for OpenAI

Intel said on Monday its CEO Tan Lip-bu would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology…

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Alibaba doubles down on ‘super-scale’ computing infrastructure plans as AI demand grows

Meeting the AI industry’s demand “requires super-scale infrastructure and full-stack technology accumulation”, Wu told the audience at Friday’s opening of…

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Chinese AI models comparable to US ones in frontier risks, study finds

Chinese artificial intelligence systems are nearing levels of “frontier risks” similar to their US counterparts, according to a study. Recent…

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Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri

Following an extensive evaluation period, the two companies are now finalising an agreement that would give Apple access to Google’s…

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New Business

Chinese AI app start-ups lag behind US peers in making money: report

China’s start-up developers of artificial intelligence applications significantly lag behind their US counterparts in global recurring revenue, making overseas expansion…

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