BRUSSELS (AP) — The European Union is offering 10 billion euros ($11.4 billion) in funding for firms to erect seven AI gigafactories as it seeks to close the AI gap with U.S. and China, the 27-nation bloc’s executive said on Thursday. The European Commission said it would like the public financing to draw an additional…
Another powerful new artificial intelligence model from China took the U.S. tech industry by surprise Friday, the latest sign that Chinese startups that publicly release their “open-source” AI technology are making the California titans of AI sweat. The newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his…
SHANGHAI (AP) — Development and governance of artificial intelligence should be a global effort, Chinese President Xi Jinping said Friday, while reiterating China’s objections to what he called the “overstretching” of national security concerns. Speaking at a conference in Shanghai, Xi said AI should not be dominated by any single nation. American-led restrictions have blocked…
BRUSSELS (AP) — The European Union rolled out two measures to protect its steel industry and limit e-commerce small parcels on Wednesday as the 27-nation bloc grapples with its staggering trade imbalance with China. “Today’s change is about restoring fairness for European businesses and better protecting our consumers,” European Commission President Ursula von der Leyen…
TORONTO (AP) — Canada introduced legislation on Wednesday that could bar children younger than 16 from having social media accounts unless the companies show they can make their platforms safe. Canada is joining a growing global effort to tighten safety protections. Canadian government officials said social media platforms can obtain an exemption if they have…
WASHINGTON (AP) — The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race. In a Thursday memo, Michael Kratsios, the president’s chief science and technology adviser, accused foreign…
BEIJING (AP) — The messaging from China’s Communist government may once have been dogmatic and rigid — not anymore. Having largely tamed the internet at home with tight censorship, Beijing is now tapping the power of social media and artificial intelligence to tell its story — and often to skewer the U.S. and its president….
Several dozen people lined up outside a presidential administration building on a sunny spring weekend in central Moscow as police stood nearby and watched them closely. It was the latest sign of the growing anger and frustration over the restrictions that have disrupted the daily lives of Russians, hurt businesses and drawn criticism even from…
BEIJING (AP) — Some robotaxi passengers were left stranded in the middle of fast-moving traffic in a major Chinese city after their driverless vehicles stopped running, according to police and media reports on Wednesday. A preliminary investigation indicates more than 100 robotaxis came to a halt because of a “system malfunction,” police in the city…
HONG KONG (AP) — China’s technology giant Alibaba Group pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it said would be powered by the AI demand boom. The announcement of the ambitious target came as the company posted a…