Fake photos generated by artificial intelligence (AI) are being misused to claim refunds from Chinese online shops, sparking moral and legal concerns. As China’s Double 11 shopping festival took place around November 11, several e-commerce shop owners revealed that they received AI-generated photos of damaged products from consumers attempting to seek refunds. Some people took…
People from all walks of life in Hong Kong rallied in support of victims of the city’s deadliest fire in decades, with aid ranging from millions in cash donations by major business groups to grass roots efforts by civilians delivering essential supplies. The fire that erupted in seven blocks in Wang Fuk Court in Tai…
Alibaba Group chairman Joe Tsai has challenged the prevailing narrative of US-China artificial intelligence competition, arguing that the race has no definitive winner because success should be measured by adoption speed rather than model superiority. “When it comes to AI, there’s no such thing as winning the race. It’s a long marathon,” Tsai said at…
We recently published Massive Gains: 10 Stocks Investors Can’t Stop Buying. Denison Mines Corp. (NYSEAmerican:DNN) is one of the top performers on Thursday’. Shares of Denison Mines grew by 4 percent on Thursday to close at $2.86 apiece as investors loaded positions amid renewed optimism for the uranium and nuclear industries. During the session, a…
This article first appeared on GuruFocus. Sep 24 Alibaba Group Holding (NYSE:BABA) shares climbed nearly 8% in Hong Kong on Wednesday, touching their highest level in close to four years. The rally came after CEO Eddie Wu said the company plans to expand its artificial intelligence spending beyond the previously announced $53 billion, or 380…
Alibaba Group Holding on Wednesday launched an artificial intelligence-powered ranking feature on its online mapping service Amap, as the tech giant doubles down on AI applications and deepens its rivalry with food delivery leader Meituan. Amap Street Stars, a ranking featured on the app’s homepage, used AI algorithms to rank offline destinations including restaurants, hotels…
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on the front foot, making deals and snapping up assets. At the top of the pile are Alibaba Group and Tencent , two huge players that used to…
A mainland Chinese bank in Hong Kong is investigating unauthorised transactions on the Faster Payment System (FPS) involving one of its clients, the Post has learned, with experts saying breaches on the widely used platform are uncommon and may involve hacking. A client of the China Construction Bank (Asia) in Hong Kong told the Post…
HONG KONG (Reuters) -Ant Group, an affiliate of China’s e-commerce giant Alibaba Group plans to list its overseas arm, Ant International, on the Hong Kong stock exchange, Chinese media reported, citing unnamed sources. Caixin, citing people close to the company, reported that Ant was communicating with regulators about the potential listing. The report did not…
Pharus Diagnostics, a Li Ka-shing-backed developer of diagnostic tests for cancer powered by artificial intelligence (AI), said it would tap into fundraising channels in Hong Kong. The Taiwan-based start-up aims to complete a round of fundraising and a clinical study on lung cancer by the end of the year, said CEO Philip Huang. “Currently, we…