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China catches up fast in AI race, but US chip curbs cast shadow

Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But with OpenAI’s long-awaited Sora video generation tool launching only earlier this month, the 34-year-old entertainment industry professional from Beijing has been experimenting with a wide range of Chinese alternatives. “Whenever there’s a new product release,…

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Bans on Chinese tech could stifle European AI industry, Huawei executive warns

Bans on Chinese tech could stifle European AI industry, Huawei executive warns

A Europe-based Huawei executive has decried policies to block the Chinese tech company’s entry into certain markets and warned that this could limit the development of the European artificial intelligence industry. Tony Jin Yong, Huawei’s vice-president for Europe, said he was puzzled by measures to form “exclusive groups” among “like-minded countries”, though he did not…

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China's SenseTime reshapes to focus on generative AI growth

China’s SenseTime reshapes to focus on generative AI growth

BEIJING (Reuters) – Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed at ramping up its shift toward generative AI technologies. The Hong Kong-listed company, previously focused on computer vision and surveillance technologies, has accelerated its transformation into generative AI following the industry-wide surge triggered by OpenAI’s…

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