The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. “The US continues to lead on model capabilities, and US models also have maintained a meaningful lead in science and more complex reasoning,” said the post written by OpenAI’s…
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar with the matter, in a sign of promising demand for the city’s latest share sale related to artificial intelligence. Alibaba and the JPMorgan Chase asset…
Top tech talent in China can expect lavish bonuses for 2025 as big tech firms from ByteDance to Tencent Holdings double down on efforts to retain and lure people with specialised skills in fields such as artificial intelligence. TikTok owner ByteDance expanded its bonus pool by 35 per cent from a year earlier, as well…
China’s artificial intelligence boom is giving rise to a new cohort of “solopreneurs”, who are turning their business dreams into reality with the help of technology, offering a glimmer of hope in an otherwise bleak job market. While there is no government data tracking this group, the proliferation of affordable AI models suggests that the…
Ant Group’s new “vibe coding” artificial intelligence app LingGuang has overwhelmed servers after user downloads surpassed 1 million in just four days, hitting the milestone faster than OpenAI’s ChatGPT and Sora, according to the Chinese fintech giant. The app’s innovative functionality of generating applications in response to users’ text prompts was temporarily suspended on Thursday…
The US-China rivalry has long been cast as a contest between two superpowers, with one rising and the other defending its primacy. This competition has been largely measured in GDP growth, military spending and the number of aircraft carriers and alliances each side could marshal. The central criteria is “who holds power” or “who has…
Intuit announced Tuesday that it has struck a multiyear deal with OpenAI that will bring together Intuit’s lineup of financial apps—TurboTax, Credit Karma, Mailchimp, and QuickBooks—with ChatGPT to deliver personalized and actionable financial insights and recommendations. Intuit will pay ChatGPT maker OpenAI more than $100 million annually to implement its artificial intelligence models across its…
A US District Judge Mark Pittman in Fort Worth has ruled that Elon Musk-owned X and xAI can move forward for now with their lawsuit against Apple and OpenAI. On Thursday, the tech giants failed to convince the court to dismiss a lawsuit against them. Musk accused American firms of conspiring to monopolise markets for…
In a significant achievement, Blue Origin, Jeff Bezos’ space venture, successfully launched its New Glenn rocket, sending NASA satellites towards Mars. The mission marked a milestone with the rocket’s reusable booster achieving a successful landing, placing Blue Origin in direct competition with industry leader SpaceX. Meanwhile, a legal tussle continues as Apple and OpenAI…
Chinese tech giant Baidu unveiled two artificial intelligence chips at its annual developer and client event on Thursday, underscoring the company’s ambition to play a pivotal role in the nation’s drive for technological self-sufficiency, alongside Huawei Technologies and other domestic players. Baidu introduced the M100, designed by its chip unit Kunlunxin Technology to significantly enhance…