Nations including India, Japan, France and Canada are talking about the importance of investing in “sovereign AI capabilities”, Huang said in an interview on Thursday with Bloomberg Television. “Their natural resource – data – should be refined and produced for their country. The recognition of sovereign AI capabilities is global”. At the time of the … Read more
Chinese selfie apps giant Meitu said new image-and-video-editing tools powered by artificial intelligence (AI) helped the company triple its profits last year, in stark contrast to how many other firms struggle to monetise the technology through their own generative AI initiatives. Citing its preliminary assessment of unaudited accounts, Hong Kong-listed Meitu estimated net profit last … Read more
Microsoft, Alphabet’s Google and Advanced Micro Devices – three companies working harder than nearly anyone to weave artificial intelligence into their products – are finding that, when it comes to AI, investors are hard to please. Shares of the tech giants slipped in late trading Tuesday after they delivered results for the last three months … Read more
