“At the moment, we are artificially creating a barrier between the US and mainland China, and that will stifle the development of technology,” Lawrence Cheung Chi-chong, HKPC’s chief technology officer, said in an interview on the sidelines of an AI conference organised by the council on Tuesday. “A lot of times for us, we don’t…
Google CEO Sundar Pichai Getty Images Late on Wednesday, the U.S. Department of Justice filed sweeping proposals for remedies in Google’s landmark antitrust case, where a federal judge ruled earlier this year that it has an illegal monopoly in the online search market. Among the marquee requests: Forcing Google to sell off its popular Chrome…
Chinese President Xi Jinping is promoting the idea of a “shared future in cyberspace” at the country’s annual internet conference this year amid an intensifying US-China rivalry that has raised concerns about technological decoupling, particularly in artificial intelligence (AI) and semiconductors. The advance of AI technologies has improved humans’ ability to change the world, but…
OpenAI is calling for the US and its allies to work together to support the infrastructure needed to develop artificial intelligence (AI) systems and compete with China. The AI start-up said Wednesday that the US and neighbouring countries should form a “North American Compact for AI” that can streamline access to talent, financing and supply…
Zhipu AI, one of China’s top generative artificial intelligence (GenAI) start-ups, has announced the initial closing of its venture capital vehicle, which aims to invest in related start-ups to strengthen the company’s ecosystem, borrowing a page from ChatGPT owner OpenAI. The Zhipu Ecosystem Fund, also known as the Z Fund, raised 1.5 billion yuan (US$211…
For tech’s biggest players, this earnings season is starting to feel like a scene from the movie Jerry Maguire — and the “show me the money” demands aren’t working out any better than they did for Tom Cruise. Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with…
Data from market research firm Sensor Tower showed that Talkie – part of the fast-growing “companion AI” market segment – was the fourth most-downloaded AI app in the United States in the first half of 2024, ahead of Google-backed rival Character.ai which ranked 10th. Globally, Talkie recorded 17 million downloads in the first eight months…
Topline Reddit reported an increase in third-quarter revenue that exceeded analyst expectations, sending the social media company’s stock soaring Wednesday toward its best day since going public in March, as analysts say the firm is benefitting from new search algorithms and other licensing deals. Analysts say the social media company benefitted from new search algorithms…
The Chinese government expressed diplomatic discontent to the United States after the Biden administration finalized a set of rules to restrict American individuals and companies from investing in China’s three high technology sectors. The Final Rule, which aims to implement the Executive Order signed by US President Joe Biden in August 2023, will limit US…
The rise of artificial intelligence (AI) has revolutionized many industries, but it has also introduced new challenges in areas like cybersecurity and election integrity. In a recent report, OpenAI revealed concerning instances of cybercriminals misusing AI tools, particularly ChatGPT, to influence US elections. This misuse raises critical concerns about the spread of misinformation, manipulation of…