Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of technology, education, science, culture, health and sports – offered Li their opinions and suggestions for a draft government work report, according to official news agency Xinhua. Hangzhou-based start-up DeepSeek last December made waves in the…
China’s crowded and closed generative artificial intelligence (AI) market, in which at least 100 large language models (LLMs) are jostling for attention and revenues, is facing consolidation, according to analysts. One implication is that China’s AI start-ups will pivot to revenue-generating applications instead of pouring resources into basic research, an approach that would differentiate them…
Larry Ellison owns 42% of Oracle (NYSE: ORCL), a $465 billion technology giant that is building some of the most powerful data centers for artificial intelligence (AI) development. Nvidia (NASDAQ: NVDA) supplies Oracle and most other tech companies with data center chips called graphics processing units (GPUs). Nvidia has experienced an eye-popping surge in its…