Tag: Alibaba

5 things about AI you may have missed today: Japan looks offshore for AI chips help, Tecno AI robot dog coming, more
Technology

5 things about AI you may have missed today: Japan looks offshore for AI chips help, Tecno AI robot dog coming, more

[ad_1] AI roundup: Japan has started its own journey to design advanced artificial intelligence (AI) chips. These will be developed by Rapidus Corp and Tenstorrent Inc. Tenstorrent Inc. is led by a former Tesla and Apple veteran, who will be planning the entire development process; in other news, Tecno will be unveiling its advanced AI robotic dog at the MWC 2024. Know more about what is happening in the world of AI today.  Apple and Tesla veteran to help Japan design AI Chips  Japan government-backed research group, Rapidus Corp to partner with US startup Tenstorrent Inc. for the development of AI chipsets. Jim Keller, head of Tenstorrent and who previously worked with Tesla and Apple will license its design to power a section of Japan's artificial intelligence accelerator including th...
Alibaba Quantum Computing Lab Shut Down in Sign of Broader Cutback
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Alibaba Quantum Computing Lab Shut Down in Sign of Broader Cutback

[ad_1] Alibaba Quantum Computing Lab has been shut down, a sign that the Chinese e-commerce and cloud operator is considering more cutbacks to bulk up the bottom line. Alibaba will donate its equipment to Zhejiang University in Hangzhou, where the company is based, a company spokesperson said Monday. The lab's closure will result in the loss of about 30 staff, some of whom Alibaba may help find positions at the same college, a person familiar with the matter said, asking to remain unidentified discussing private decisions.China's e-commerce leader is in the middle of an overhaul spearheaded by Joseph Tsai and Eddie Wu, two confidantes of co-founder Jack Ma who took over the company in September. This month, the pair announced they were killing the much-anticipated spinoff and listing of...
5 things about AI you may have missed today: Microsoft’s enterprise AI Copilot, Elon Musk’s interview, and more
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5 things about AI you may have missed today: Microsoft’s enterprise AI Copilot, Elon Musk’s interview, and more

[ad_1] It might be the last day of October, and Halloween, but artificial intelligence stops for no one. In today's big news, Microsoft's enterprise Copilot, the Microsoft 365 AI assistant, will be rolling out to businesses tomorrow, November 1. This tool will enable organizations to automate a number of time-consuming tasks such as summarizing video calls, drafting emails, and more. In other news, Elon Musk will do an interview alongside the UK PM Rishi Sunak. The Tesla CEO will also be participating in the UK AI Summit. This and more in today's AI roundup. Let us take a closer look.Microsoft to roll out AI CopilotStarting this Wednesday, businesses will get their hands on Microsoft's cool new tool, Enterprise Copilot, which is making quite a buzz in the AI world. Copilot is like havin...
5 things about AI you may have missed today: Alibaba launches AI models, Microsoft President warns against AI and more
Technology

5 things about AI you may have missed today: Alibaba launches AI models, Microsoft President warns against AI and more

[ad_1] AI Roundup: Microsoft President Brad Smith today warned against the rapid development of AI as it could lead to tech companies making similar mistakes as the early years of social media. On the other hand, IBM CEO Arvind Krishna claimed that AI could not only increase productivity, but also lower business costs.All this, and more in our today's AI roundup. 1. Alibaba launches two AI modelsWith the growing demands in the field of AI, Alibaba launched two AI models on Friday. As per a CNBC report, the two models, named Qwen-VL and Qwen-VL-Chat, will be open source, allowing developers around the world to utilize them. The Qwen-VL-Chat bot is capable of carrying out more complex conversations than its predecessor and it can answer a multitude of questions. It can also generate image...
Europe’s new rules for Google, Facebook, TikTok, others about to kick in. Here’s how they work
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Europe’s new rules for Google, Facebook, TikTok, others about to kick in. Here’s how they work

[ad_1] Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online.The first phase of the European Union's groundbreaking new digital rules will take effect this week. The Digital Services Act is part of a suite of tech-focused regulations crafted by the 27-nation bloc — long a global leader in cracking down on tech giants. The DSA, which the biggest platforms must start following Friday, is designed to keep users safe online and stop the spread of harmful content that's either illegal or violates a platform's terms of service, such as promotion of genocide or anorexia. It also looks to protect Europeans' fundamental rights like privacy and free speech. Some online platforms, which cou...
5 things about AI you may have missed today: AI tool that helps cure brain cancer, China’s new AI products and more
Technology

5 things about AI you may have missed today: AI tool that helps cure brain cancer, China’s new AI products and more

[ad_1] Artificial intelligence (AI) has been a highly debated topic in recent times with people making arguments for and against its use in various fields. The introduction of ChatGPT has spurred further controversy as there have been instances of students using it for completing their assignments and writing exams. However, this hasn't put a stop to the rapid development that is happening in the field of AI. New research has shed light on an AI tool that is helping doctors cure brain cancer, while China's top tech companies, Huawei and Alibaba, have recently introduced their AI tools. All this, and more in our roundup of the 5 big things in AI that you may have missed today. 1. AI tool helping doctors cure brain cancerWhile the downsides of AI have been recently highlighted by several...
Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps
Technology

Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps

[ad_1] Alibaba Group Holding Ltd. is integrating its most advanced artificial intelligence system into its Slack-like DingTalk messaging app and a meeting assistant named Tingwu.The large language model (LLM) developed by Alibaba Cloud, dubbed Tongyi Qianwen, is now powering interactions with a new version of the assistant, Tongyi Tingwu. It helps by analyzing audio and video files and generating text summaries, and is now open to the public to try. That bot will also be integrated into DingTalk, the cloud unit said in a statement Thursday. OpenAI's breakthrough ChatGPT bot has hastened the release of LLMs by companies around the globe, from internet players like Alibaba and Baidu Inc. to hardware companies like Asustek Computer Inc. Alibaba announced its LLM on April 11, saying it will...
China May Not Need Western Technology Much Longer
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China May Not Need Western Technology Much Longer

[ad_1] Western countries have become increasingly wary of sharing technology with China, with the US and Netherlands recently imposing new restrictions on exports of semiconductors and the equipment used to make them. Meanwhile, Chinese companies are rising up the list of the world's biggest spenders on research and development — a sign that perhaps they won't need that Western technology much longer.When I last compiled one of these lists five years ago, mobile infrastructure and device maker Huawei Investment & Holding Co. was in sixth place behind Microsoft, just as it is here, but it was the only Chinese company in the global top 25. It has been joined by TikTok owner ByteDance Ltd., WeChat owner and gaming giant Tencent Holdings Ltd. and e-commerce, payments and cloud-computing...
ByteDance’s Profit Surges 79%, Exceeding Alibaba and Tencent: FT
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ByteDance’s Profit Surges 79%, Exceeding Alibaba and Tencent: FT

[ad_1] ByteDance Ltd.'s profit last year soared to a record, surpassing that of China technology giants Tencent Holdings Ltd. and Alibaba Group Holding Ltd. for the first time, the Financial Times reported.Earnings before interest, tax, depreciation and amortization, or Ebitda, jumped 79% to about $25 billion in 2022, the report said, citing two investors briefed on the numbers. Tencent reported Ebitda of 164 billion yuan ($23.9 billion) for 2022 in its preliminary earnings statement, while Alibaba's figure for the same period is about $22.7 billion, according to Bloomberg-compiled data. Bloomberg reported last week that ByteDance's revenue surged more than 30% to surpass $80 billion in 2022, matching the tally at archrival Tencent, after twin video platforms TikTok and Douyin drew eyeb...
Jack Ma: tycoon who soared on China’s tech dreams grounded by regulators
Technology

Jack Ma: tycoon who soared on China’s tech dreams grounded by regulators

[ad_1] Jack Ma, founder of tech giant Alibaba, has stepped out of the limelight since a Communist Party crackdown that chopped back his empire. Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China's entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that chopped back his empire. The most recognisable face in Asian business, Ma has seen his fortune fall by around half to an estimated $25 billion after authorities pulled what would then have been the world's biggest-ever IPO in 2020. Chinese regulators torched the planned listing of Ma's Ant Group in Hong Kong and Shanghai, and the following year hit Alibaba with a record $2.75 billion fine for alleged unfair practices. A reshuffle of Ant's shareh...