Chinese tech giant Lenovo targets US$16 billion in sales of new AI-powered computers, smartphones via e-commerce partner JD.com

The two Hong Kong-listed partners are targeting 120 billion yuan (US$16.6 billion) in sales over the 2024-2026 period via JD.com’s online and offline channels, covering Lenovo’s next-generation AI PCs, AI-powered smartphones, tablets and other “AI-oriented infrastructure such as servers”, according to a statement published on Sunday by both companies on their respective WeChat accounts. That … Read more

CGI pioneer, Titanic and Avatar director James Cameron, on the need to unplug in digital age and ‘pump the brakes’ on AI

“Drawing was everything. It’s how I processed the world,” Cameron says. “I was reading, watching films, taking in all the storytelling, and I just had to tell my own. Jake Sully and Neteyam in Avatar: The Way of Water. A third Avatar film is in the works, director James Cameron says. Photo: courtesy of 20th … Read more

Oracle, ChatGPT and the ‘sovereign’ cloud nations will seek in future

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Every tech company is talking up its AI opportunity. Oracle is no exception. But during an earnings call in March, Oracle’s Larry Ellison laid out a future market opportunity focused … Read more

ChatGPT Enterprise quadruples user numbers in first quarter as OpenAI targets corporate use

OpenAI is seeing surging demand for the corporate version of ChatGPT even as it confronts a growing number of artificial intelligence companies offering similar products for the workplace. In an interview on Bloomberg Technology, OpenAI’s chief operating officer Brad Lightcap said there are now more than 600,000 people signed up to use ChatGPT Enterprise, up … Read more

Stability AI update lets you create 3-minute music tracks

Unsplash/Pawel Czerwinski Fears are already growing over generative AI’s challenge to human talent in the creative industries, and an update from Stability AI on Wednesday will only serve to heighten those concerns. The London-based startup has just released Stable Audio 2.0, the latest version of its music-generation platform. It claims the update offers “a new … Read more

Samsung says it could upgrade Bixby with generative AI

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung … Read more

In AI race with US, China is behind on a key weapon: Its own OpenAI

People learn about Baidu’s artificial intelligence chatbot service Ernie Bot during the 2nd Global Digital Trade Expo at Hangzhou International Expo Center on November 23, 2023 in Hangzhou, Zhejiang Province of China.  China News Service | China News Service | Getty Images Nvidia’s rocket-ship ride in the stock market underscores the extent to which chip … Read more

Chinese generative AI developers rush to upgrade chat bots to handle super long texts

China’s biggest generative artificial intelligence (AI) developers, including Baidu and Alibaba Group Holding, have rushed to upgrade their chat bots so they can handle super long texts of up to 10 million Chinese characters. The move follows Google, which in February unveiled the latest version of its Gemini large language model (LLM) that achieves a … Read more

Nvidia shares up after company unveils latest AI chips

Nvidia stock rose 2% on Tuesday afternoon, recovering from an earlier dip after CEO Jensen Huang said in an analyst meeting that the company expects to increase its share of the $250 billion data center market. Huang’s comments were made a day after Nvidia announced its latest generation of artificial intelligence chips, called Blackwell, and … Read more

IBM is cutting jobs in marketing and communications

POLAND – 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background.  Omar Marques | Lightrocket | Getty Images IBM on Tuesday told employees in its marketing and communications division that it’s slashing the size of its staff, according to a person with knowledge of … Read more