Hong Kong-based venture capital firm ORI Capital plans to launch a new fund to invest in Chinese healthcare start-ups, as the domestic biotechnology industry experiences its own “DeepSeek moment”, its founder said in an interview. ORI, established in 2015 with two funds that primarily invest in global biotech start-ups, is in the process of raising…
With leaps and falls on screen, Hong Kong actor Andrew Clifford Pong King-fung is dedicated to nurturing the next generation of martial artists and stunt professionals through his studio to honour the rich heritage of the city’s action and kung fu films. Established in 2022, the New Era Martial Club in Quarry Bay offers the…
A university in Hong Kong has founded the first industry-focused artificial intelligence (AI) research institute in the Greater Bay Area, with the city’s financial chief expressing hope that the facility will shape the future of AI and drive growth in the region and beyond. The Hong Kong University of Technology and Innovation (HKUST) on Friday…
A man who was killed in a road rage incident in Arizona “spoke” during his killer’s sentencing hearing after his family used artificial intelligence to create a video of him reading a victim impact statement. In what’s believed to be a first in U.S. courts, the family of Chris Pelkey used AI to give him…
Extended interview: Bill Gates on AI, Trump’s aid cuts, the closing of his foundation and more – CBS News Watch CBS News In a wide-ranging, exclusive interview with “CBS Mornings” co-host Tony Dokoupil, Bill Gates opens up about the end of his career, the future of artificial intelligence, the eventual closing of his foundation, President…
Pinterest is using AI to try and help you find the fashion accessories you’re looking for, even if you can’t describe them in your own words. The company is using a “Visual Language Model” to generate descriptive words of styles and the overall “vibes” of image Pins on its site, and will let you click…
Artificial intelligence (AI) has been advancing at an astonishing pace, raising concerns about how the technology will change the world – and how soon. It is good to see Hong Kong taking timely action to craft policies to help ensure AI tools are beneficial rather than threats to human safety. Commissioner for Digital Policy Tony…
Mt. Sinai medical school embraces AI education platform – CBS News Watch CBS News The Icahn School of Medicine at Mount Sinai has decided to embrace the use of artificial intelligence, becoming the first medical school to make OpenAI’s educational program available to its medical and graduate students. Be the first to know Get browser…
Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the property into an incubation hub for start-ups. “It is a personal investment and entrepreneurial initiative, and I plan to engage in more collaborations…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…