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OpenAI hit by leadership exodus as three key figures depart

OpenAI is facing a leadership crisis as three key figures announce their departure. The news comes amid a tumultuous year…

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Alibaba develops new video generation tool based on Sora’s open-source model

Alibaba Group Holding is working on a video-generating tool called Tora based on OpenAI’s Sora, marking the latest effort by…

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OpenAI co-founders step back as Schulman leaves for rival Anthropic

Greg Brockman, the president of OpenAI and a central figure at the company, said he is is going on leave…

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Elon Musk revives OpenAI legal battle with fresh allegations

Elon Musk’s revived lawsuit against OpenAI includes fresh allegations against the company and two of its founders, Sam Altman and…

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Opinion | Hong Kong can’t afford to lose out on generative AI

Such decisions were made by those companies themselves rather than the Hong Kong government. Unfortunately, the restrictions may be the…

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Microsoft’s slow cloud growth signals AI payoff will take longer

Microsoft said its capital spending rose 77.6 per cent to US$19 billion in its fiscal fourth quarter that ends June…

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Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video tool

Shengshu said Vidu is able to generate a four-second clip in 30 seconds, according to a statement. That makes it…

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Zhipu AI launches video model in a sign more Chinese tech firms are taking on OpenAI’s Sora

Chinese artificial intelligence (AI) start-up Zhipu on Friday debuted its video generation model, in the latest sign that local tech…

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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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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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