Chinese AI can benefit from bigger models, more data, says start-up founder

Chinese AI can benefit from bigger models, more data, says start-up founder

“The upgrades of OpenAI’s GPT series, which powers ChatGPT, along with the substantial investments in supercomputing centres by tech giants such as Amazon, Microsoft and Meta, all validate the effectiveness of scaling laws,” Jiang said in a talk on Saturday. “Going forward, issues like the availability of data, human resources, and concerns about return on … Read more

Chinese autonomous driving firm Minieye, backed by Alibaba CEO, files for Hong Kong IPO

Chinese autonomous driving firm Minieye, backed by Alibaba CEO, files for Hong Kong IPO

Chinese autonomous driving firm Minieye Technology, backed by Alibaba Group Holding CEO Eddy Wu Yongming, has submitted to go public on the Hong Kong stock exchange, becoming the latest mainland self-driving tech firm looking to float on the city’s bourse. The company had gone through at least 17 rounds of fundraising before submitting its prospectus … Read more