OpenAI’s board of directors unanimously rejected on Saturday an offer from Tesla CEO Elon Musk to buy the artificial intelligence company for $97.4 billion.“OpenAI is not for sale, and the board has unanimously rejected Mr Musk’s latest attempt to disrupt his competition,” OpenAI’s board chairman Bret Taylor said in a statement posted on X, formerly…
Chinese artificial intelligence (AI) start-up DeepSeek has continued to send ripples through the industry globally, while many questions remain surrounding the firm’s high-performance models developed at a fraction of the cost of their peers in the US. In a China Future Tech webinar on Monday hosted by SCMP Plus, South China Morning Post technology editor…
The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built at a fraction of the cost and computing power that major tech companies muster to build large language models (LLMs) – the technology underpinning generative AI services like ChatGPT. On social media, the AI community…
Bill Gates, the tech billionaire, is hopeful about the future of artificial intelligence (AI), but he has some important worries. Here are his main concerns: Potential for Misuse Gates is concerned that some people might use AI for bad things, like cybercrime, bioterrorism, and wars. Gates believes it’s important for good people to have AI…