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Chinese tech giants slash prices of language models used to power AI chatbots

Beijing: Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a...

‘Big Short’ Michael Burry steps up Chinese tech investments amid slow recovery

The move follows a slight recovery in Chinese shares, which for the past year have seen an ongoing downturn in value. According to Scion Asset...

‘Unintended consequences’: author raises risks of Beijing’s market intervention

The shift of control also provides opportunities for more state participation in the industry that weakens the influence of private tech giants, Zhang explained...

China Big Tech workers quit to pursue self-employment amid internet slowdown

Zoe Du used to be a typical employee at a Big Tech firm in China, putting in long hours, six days a week. One...

Microsoft invests US$2.2 billion in Malaysia, as tech giants eye Southeast Asia

Microsoft will invest US$2.2 billion in Malaysia to develop cloud technology and artificial intelligence, in the company’s biggest investment in the country unveiled on...

China unveils Sora challenger able to produce videos from text

China has come up with its own text-to-video artificial-intelligence (AI) tool similar to OpenAI’s Sora, although the new model can only produce videos no...

China’s Temu drops ad campaign over personal data use fears

Paris, France —  Chinese online marketplace Temu said Saturday it would drop an advertising offer in which clients could gain vouchers in exchange for surrendering...

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