Chinese AI models are popular globally and are beating U.S. rivals in some areas

Chinese AI models are popular globally and are beating U.S. rivals in some areas

China is focusing on large language models (LLMs) in the artificial intelligence space.  Blackdovfx | Istock | Getty Images China’s attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and … Read more

Beating the U.S. but keeping control of tech

Beating the U.S. but keeping control of tech

China’s race to develop smarter-than-human artificial intelligence may put it ahead of the U.S., but such ground-breaking technology could also risk lessening the stronghold that the ruling Communist Party has over the world’s second-largest economy. That’s the view of prominent AI scientist Max Tegmark, who told CNBC artificial general intelligence (AGI) is closer than we … Read more

Microsoft overcharging rival cloud firms’ customers, UK lawsuit says

Microsoft overcharging rival cloud firms’ customers, UK lawsuit says

UKRAINE – 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — Microsoft on Tuesday was accused of unfairly overcharging customers of rival cloud companies in a lawsuit claiming damages of more than £1 … Read more

BABA posts 58% profit jump but sales miss

BABA posts 58% profit jump but sales miss

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year on year to 43.9 billion yuan ($6.07 billion) in the company’s … Read more

Deeproute claims ‘deep cooperation’ with Nvidia on driver assist

Deeproute claims ‘deep cooperation’ with Nvidia on driver assist

A car with autonomous driving system by Alibaba-backed DeepRoute.ai, drives on a street in Shenzhen, Guangdong province, China July 27, 2022.  David Kirton | Reuters BEIJING — Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia. Pitchbook data … Read more

Alibaba, Tencent rally as China tech stocks rise on stimulus plans

Alibaba, Tencent rally as China tech stocks rise on stimulus plans

The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024.  CFOTO | Future Publishing | Getty Images Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China’s central bank announced measures to stimulate the world’s second-largest economy. The Hang … Read more

China looks for domestic Nvidia rival — but that’s proving challenging

China looks for domestic Nvidia rival — but that’s proving challenging

Chinese companies are ramping up efforts to produce a viable alternative to Nvidia’s chips that power artificial intelligence as Beijing continues its efforts to wean itself off American technology. U.S. sanctions slapped on China over the past few years, along with Nvidia‘s dominance in the space, have provided big challenges for Beijing’s efforts, at least … Read more

Alibaba launches over 100 new AI models, releases text-to-video generation

Alibaba launches over 100 new AI models, releases text-to-video generation

The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024.  CFOTO | Future Publishing | Getty Images Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology as it looks to ramp up competition with rivals. The newly-released models, known as Qwen … Read more

Chinese companies aiming to compete with Nvidia on AI chips

Chinese companies aiming to compete with Nvidia on AI chips

Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images U.S. sanctions over the years on China’s semiconductor industry has forced Beijing to ramp up efforts to boost its domestic chip sector. The boom of artificial intelligence and foundational models has only spurred on China’s goal of … Read more

China tech companies AI models vs OpenAI, Google, Meta

China tech companies AI models vs OpenAI, Google, Meta

China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models.  Niphon | Istock | Getty Images Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet‘s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched … Read more