TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US export restrictions on advanced chips. The Beijing-based company introduced its closed-source multimodal model Doubao 1.5 Pro on Wednesday, emphasising a “resource-efficient” training approach that it said does not…
We recently compiled a list of the 11 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Hewlett Packard Enterprise Company (NYSE:HPE) stands against the other AI stocks. Advancements in AI have revolutionized many industries, from healthcare and education to finance and entertainment, offering unparalleled…
The head of US chipmaker Nvidia has pledged to maintain the company’s presence in mainland China despite rising geopolitical tensions, while also highlighting the country’s unique strengths in capitalising on artificial intelligence (AI) and trends that have upended industries from medicine to robotics. Jensen Huang on Saturday also encouraged Hong Kong’s university students to pursue…
The CEO of the largest US chipmaker and market-cap leader, Nvidia, has pledged to maintain its presence in China and stressed the importance of global cooperation, while encouraging Hong Kong’s university graduates to join the company. Jensen Huang was also joined by Hong Kong movie legend Tony Leung Chiu-wai when the pair received their honorary…
We recently compiled a list of the 20 AI News That Broke The Internet This Month. In this article, we are going to take a look at where QUALCOMM Incorporated (NASDAQ:QCOM) stands against the other AI stocks that broke the Internet this month. AI is transforming industries and reshaping the world by enhancing efficiency, driving innovation,…
The U.S. has spent years wielding its trading powers to slow China’s advanced chipmaking efforts — but that hasn’t stopped the country from developing its own competitors in the artificial intelligence race. While some advanced chips and access to many Western-developed AI models are not available in China (due to both U.S. trade restrictions and…
In 2022, despite harsh covid-19 lockdowns, 25 new foreign R&D centres opened in Shanghai. Last year, when overall foreign direct investments in China shrivelled by 80%, those in R&D rose by 4%. In the process, Western R&D centres in China have been re-engineered, from places to learn about the domestic market into hotbeds of innovation…