Chinese AI giant SenseTime suspends trading as shares surge more than 30% after launch of updated large language model

“In our pursuit to push the boundaries of SenseNova’s capabilities, SenseTime remains guided by the Scaling Law as we build upon our large [language] model based on this three-tier architecture: knowledge, reasoning and execution,” said Li, referring to expanding the LLM’s size by increasing its parameter count to boost its learning and generalisation capacity. SenseTime … Read more

Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese tech firm’s devices across different scenarios, according to a statement by Ni Xingjun, president of Alipay China business group and chairman of Ant’s technology strategy … Read more

McDonald’s China pushes development of native apps based on HarmonyOS, as adoption of Huawei’s mobile operating system accelerates

The Chinese arm of McDonald’s – with a network of more than 5,500 restaurants and over 200,000 employees serving more than 1 billion customers each year – is part of the first batch of multinational food companies on the mainland that have committed to develop native apps on HarmonyOS, according to a statement by the … Read more