Artificial Intelligence
LATEST NEWS FROM ARTIFICIAL INTELLIGENCE
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OpenAI weighs special voting rights to guard against hostile takeovers, FT reports
OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from...
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China's tech rally rests on 'hot money'
China's apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, but the buyers behind it are flighty and brokers say g...
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South Korea aims to secure 10,000 GPUs for national AI computing centre
South Korea on Monday announced plans to secure 10,000 high-performance graphics processing units (GPUs) within this year in a bid to keep pace as the global AI race escalates.
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Tencent's messaging app Weixin launches beta testing with DeepSeek
Tencent said its Weixin app's search function is beta testing access to DeepSeek, a major move by the country's dominant messaging app as firms race to link up with China's rising ...
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Elon Musk says xAI's Grok 3 chatbot to be unveiled on Monday
Billionaire Elon Musk said on Saturday that his xAI's artificial intelligence chatbot and ChatGPT challenger Grok 3 would be released with a live demo at 8 p.m. Pacific time on Mon...
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Robotics startup Figure AI in talks for new funding at $39.5 billion valuation, Bloomberg News reports
Robotics startup Figure AI is in talks with investors to raise $1.5 billion in funding that would value the company at $39.5 billion, Bloomberg News reported on Friday, citing peop...
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Musk's xAI in talks to raise $10 billion at $75 billion valuation, Bloomberg News reports
Elon Musk's xAI is discussing to raise $10 billion that could value the artificial intelligence startup at about $75 billion, Bloomberg News reported on Friday, citing a person fam...
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Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk's xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday...
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Meta plans investments into AI-driven humanoid robots, memo shows
Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal compa...
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UK's Segro plans data centre strategy shift as AI booms
Segro , which has historically offered data centres equipped only with power connections, plans to develop full-fledged facilities to directly serve major cloud providers like Amaz...
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FACTBOX China's AI firms take spotlight with deals, low-cost models
Alibaba's announcement this week that it will partner with Apple to support iPhones' artificial intelligence services offering in China has again thrust the spotlight on the countr...
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AI to transform wealth management, Microsoft executive says
Artificial intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology's potential to process information vastly reduces the hurdles ...
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AI-generated content raises risks of more bank runs, UK study shows
Fake news generated by artificial intelligence and spread on social media is heightening the risks of bank runs, according to a new British study that says lenders must improve mon...
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Bollywood music labels seek to challenge OpenAI in India copyright lawsuit
A group of India's top Bollywood music labels, from T-Series to Saregama and Sony, is seeking to join a copyright lawsuit against OpenAI in New Delhi, highlighting worries about im...
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Apple plans to launch AI features in China from May, Bloomberg News reports
Apple aims to launch its artificial intelligence features in China as early as May, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
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China's Baidu to make latest Ernie AI model open-source as competition heats up
Chinese search engine giant Baidu said on Friday it would make its next-generation artificial intelligence model Ernie open-source from June 30, a major shift in strategy as compet...
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UK to explore use of Anthropic's AI chatbot Claude for public services
Britain will explore the use of AI startup Anthropic's chatbot Claude to improve how people interact with public information and services, the government said on Friday.
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EnCharge AI raises over $100 million in funding to bring AI inference chips to market
Startup EnCharge AI raised more than $100 million in a Series B funding round led by Tiger Global to bring more efficient and less expensive AI chips to the market, the company sai...
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