OpenAI is keen to collaborate with China, according to chief executive Sam Altman, in a 180-degree turn for the company nearly eight months after tightening measures that barred the mainland and other “unsupported countries and territories” from accessing ChatGPT and its other artificial intelligence (AI) services. “We’d like to work with China,” Altman told Sky…
Seven-year-old Hong Kong start-up Butler has turned a profit, driven by its artificial intelligence (AI)-based platform designed to help property managers and landlords oversee workflows, its founder said, as more businesses look to capitalise on the rapid advancements in large language models. Butler’s revenue tripled in 2024, and the company achieved profitability in the fourth…
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…
Beijing has announced the formation of a new artificial intelligence standardisation technical committee, Reuters reports. The committee will establish industry guidelines for emerging technologies such as large language models and AI risk assessment. As per the wire, the 41-member committee, which includes representatives from prominent tech firms like Baidu and prestigious academic institutions such as…
Oct 03, 2024 11:00 AM IST OpenAI seeks $6.6 billion from investors with non-competition pledge, targeting rivals like Anthropic and xAI. As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital — they also wanted investors to refrain from funding five companies…
China’s leading artificial intelligence (AI) start-ups are looking to chase down new opportunities in their field, following the preview of an advanced new series of large language models (LLMs) – the technology underpinning generative AI services – by ChatGPT creator OpenAI, according to executives at Alibaba Cloud‘s Apsara Conference in Hangzhou. OpenAI o1, previewed earlier…
Alibaba Group Holding’s cloud unit is set to kick off its annual tech event this week, as China’s largest cloud service provider brings together large language model (LLM) start-ups to discuss the future of artificial general intelligence (AGI). Eddie Wu Yongming, chief executive of both Alibaba Group and its cloud unit, will deliver a keynote…