Ever since China Evergrande Group collapsed in 2021, triggering a full-blown crisis in China’s property sector, Wall Street has been unfazed by the threats emanating from the world’s second-largest economy. In fact, if the US-China trade war is excluded, the last time China was viewed as the biggest risk in markets was in 2016, when … Read more
4 min read Last Updated : Aug 22 2024 | 3:33 PM IST A recent survey found that 77 per cent of children in India use generative artificial intelligence (GenAI) tools for educational purposes while 20 per cent use them for personal interests, and a smaller fraction (2 per cent) for social-emotional support and … Read more
Three of the four top 10-ranked Chinese LLMs were from the Tongyi Qianwen series, also known as Qwen, developed by e-commerce and cloud computing giant Alibaba, according to AI and machine-learning developer platform Hugging Face, which released its updated leaderboard with new metrics on Wednesday. Alibaba owns the South China Morning Post. Hangzhou-based Alibaba’s Qwen-72B-Instruct … Read more
ByteDance-owned TikTok and UMG have signed in Los Angeles what they describe as a “multidimensional licensing agreement” that would deliver significant industry-leading benefits for UMG’s global family of artists, songwriters and labels. “Music is an integral part of the TikTok ecosystem and we are pleased to have found a path forward with Universal Music Group,” … Read more
Beijing-based ByteDance’s website listed more than 320 GenAI-related job openings as of Tuesday, up from 307 vacancies posted a month earlier, according to a search conducted by the South China Morning Post. A specific search for jobs in the development of large language models (LLMs) – the technology used to train ChatGPT and similar GenAI … Read more
At a nearby booth in the same MWC Barcelona exhibition floor, Xiaomi displayed its new flagship handset model, the 14 Ultra, which features enhanced photography features and AI capabilities. The handset’s AI Album Search function employs natural language processing that enables users to locate specific images within their collections based on a prompt describing them, … Read more
“Meizu will build an ecosystem to fully open its AI devices to leading global LLM providers, including OpenAI, to jointly promote AI innovation and development,” the company said. An Oppo internal letter released on February 18, 2024, said the impact of artificial intelligence on its industry would be comparable to the period when smartphones replaced … Read more
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
