Beijing recently launched a policy to drive the development of artificial intelligence and its general intelligence branch. It aims to support AI firms by increasing cloud provider and data company usage, providing computing power, training data, and applications. US-China competition is heating up, and Beijing's policy is an important part of ensuring success for this field.
. Mobvoi, a Chinese tech firm, is reportedly aiming to raise $300 million through a Hong Kong initial public offering (IPO). Two banks are chosen to be part of the first-time share sale namely the China International Capital Corporation and the China Merchants Bank International. This move follows the launch of their in-house Artificial Intelligence (AI) platform. Mobvoi creates a variety of AI services, for areas such as finance, telecoms and elderly care, and has gotten funding from Google, Volkswagen, Sequoia and Zhenfund. The IPO launch could come as early as this year.
Chennai Super Kings (CSK) returned to winning ways on Friday, April 21, beating Sunrisers Hyderabad in the 2023 edition of the Indian Premier League (IPL) under the leadership of MS Dhoni. With a brilliant catch, stumping and run out, Dhoni showed how he is still one of the most successful captains in international cricket. Fans of CSK were also delighted to see their beloved leader turning into a viral star with a poster where a Chinese AI startup - ChatGPT - took inspiration from his advice.
Alphabet Inc. is one of the world’s foremost technology companies and a leader in AI innovation. CEO Sundar Pichai has worked to expand the tech giant’s capabilities with AI, including the launch of OpenAI ChatGPT which has investors worried about the risk to their market control. Nevertheless, Alphabet remains one of the cheapest of the major tech stocks and analysts remain confident of the company’s future prospects despite potential competition from the likes of Microsoft.
Experience the latest innovation from Chinese tech giant Alibaba – the AI Chatbot Tongyi Qianwen! It's available in a variety of languages and works with Alibaba's products like DingTalk and Tmall Genie. It's set to compete with Microsoft's OpenAI's ChatGPT and other AI systems. With the increasing use of generative AI and cloud computing, the potential impacts on jobs have led to regulations, such as the ones set by the Chinese Cyberspace Administration. Now, it's time to experience the groundbreaking innovation of Jack Ma's Alibaba.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?