China’s Tencent releases new open-source AI model for coding, research tasks
Tencent (0700) released a preview version of a new open-source AI model aimed at tasks such as software engineering, research and financial analysis, according to its post published on Friday…
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Crypto mogul Justin Sun’s AI-advised breakup with Chinese actress sparks public dispute
Cryptocurrency entrepreneur and TRON founder Justin Sun Yuchen has ignited a firestorm on Chinese social media after claiming an artificial intelligence chatbot advised him to end his relationship with prominent…
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Anthropic plans to publicly unveil IPO prospectus after Labor Day, the Information reports
Anthropic is planning to unveil its IPO prospectus after Labor Day, with a potential listing in late September or early October, The Information reported on Thursday, citing people familiar with…
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US judge blocks Pentagon’s Anthropic blacklisting
A US judge on Thursday blocked the Pentagon’s blacklisting of Anthropic, the latest turn in the Claude maker’s high-stakes fight with the military over AI safety on the battlefield. Anthropic’s…
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Hong Kong unveils first cohort of GenA.I. Sandbox++
The Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority, and the Mandatory Provident Fund Schemes Authority, in collaboration with the Hong Kong Cyberport Management Company, announced…
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Apple to launch next iPhone on September 9 in first major event under new CEO Ternus
Apple is set to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its long-awaited foldable phone. The…
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Alibaba’s Qwen launches Qwen3.8-Flash AI model with lower training costs
Alibaba’s (9988) Qwen has released a new multimodal model, Qwen3.8-Flash, that delivers stronger coding and office-task performance while cutting training costs, it said in a statement on Wednesday published on…
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Nvidia agrees to buy Hugging Face for US$12.9 billion, The Information reports
Nvidia has agreed to buy AI platform Hugging Face for US$12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal. The chipmaker and New York-based…
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China’s Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources say
China’s Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet’s Google that would allow the US cloud giants to host its blockbuster Kimi K3 model, three people familiar…
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SpaceX to build US$100 billion Starship rocket complex in Louisiana
SpaceX unveiled plans on Tuesday to build its largest rocket launch complex yet in southern Louisiana, a US$100 billion effort to transform coastal wetlands into a critical base for the…
Keep ReadingAnthropic expected to tell investors it sees over US$30 trillion in potential revenue, WSJ reports
Anthropic is likely to tell investors that it sees its total addressable market exceeding US$30 trillion, ahead of the US$28.5 trillion estimate from SpaceX the Wall Street Journal reported on…
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Google expands Gemini Enterprise AI platform for law firms, lawyers
Alphabet’s Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand…
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Alabama launches probe into OpenAI after Hugging Face breach
Alabama’s attorney general said on Monday the state had opened an investigation into OpenAI after its models hacked technology company Hugging Face last month, raising concerns about how artificial intelligence…
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China robot maker Unitree’s post-listing slump sparks bubble fears
A roughly 45 percent slump in the shares of Unitree, China’s best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut has triggered concerns about bubble…
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Alibaba launches Wan3.0 AI video model after US$10 billion share sale
Alibaba (9988) officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a US$10 billion share placement to fund rising…
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Nvidia discusses Perplexity investment at US$30 billion-plus valuation, The Information reports
Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than US$30 billion, The Information reported on…
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Hugging Face exploring sale valuing it at US$13 billion, Business Insider says
AI startup Hugging Face has been exploring a sale that could value the company at US$13 billion or more, Business Insider reported on Sunday, citing people familiar with the matter.…
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Xiaomi launches new Xring chip, partners with TSMC for production, sources say
Chinese smartphone maker Xiaomi (1810) on Monday unveiled a new version of its in-house Xring smartphone processor, betting that deeper control over key components will help strengthen its supply chain…
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DeepSeek applies off-peak API pricing on weekends, slashing bills by half
DeepSeek’s API usage will be billed at off-peak rates on weekends starting at midnight on Sunday, eliminating the previous distinction between peak and off-peak API pricing schedules on Saturdays and…
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Nvidia customers notified about AI-related price hikes above 15pc, Bloomberg News reports
Some of Nvidia’s largest customers have been told prices of servers containing its AI chips will rise by more than 15 percent in many cases with memory chip costs soaring,…
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Chery affiliate AiMOGA robotics prepares for IPO amid surging interest in humanoid robots
A robotics affiliate of China’s largest auto exporter Chery Automobile is gearing up for an IPO to fund future growth and investments, its chief said on Wednesday, as competition intensifies…
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