Pictured here is an exhibition on big data for transportation in Chongqing on Oct. 21, 2020. China News Service | China News Service | Getty Images BEIJING — Chinese authorities are indicating a more lenient approach to data regulations, particularly for foreign businesses, as part of recent efforts to ease regulatory burdens. In recent years, …
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba aims to prioritize the “user first” and “AI-driven” approach, according to the new CEO Eddie Wu, who recently addressed the employees. Wu, who assumed the role …
Tencent showcased its groundbreaking technology at the prestigious 2023 World Artificial Intelligence Conference, held in Shanghai on July 8, 2023. Renowned Chinese tech titan Tencent is poised to unveil its highly-anticipated artificial intelligence model, “Hunyuan,” specially tailored for business applications, at an exclusive summit on Thursday. Dowson Tong, CEO of Tencent’s cloud and smart industries …
Baidu, the Chinese tech giant, recently introduced over 10 innovative AI applications following the successful launch of its Ernie chatbot. These applications aim to provide diverse and practical AI solutions to meet various industry needs. One of the notable applications unveiled is WPS AI, a word processing app developed by Kingsoft Office, a company listed …
Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty Images Baidu, the Chinese tech giant, has recently made its ChatGPT-like Ernie bot available to the public, signaling a more relaxed policy stance on artificial intelligence. Previously, access to Ernie …
A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock plummeted nearly 24% following a rare earnings miss and a downward revision of its guidance for the year. The decline was partly attributed to an increase …
A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu reported impressive second-quarter revenue growth of 15%, surpassing expectations. This growth was primarily driven by an increase in advertising. According to Refinitiv data, this marks the fastest …
A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Discover the companies making significant midday moves: SolarEdge Technologies — The solar stock experienced a 19% decline as the company’s reported revenue of $991 million fell short of analysts’ estimates …
A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images Chinese stocks experienced a significant surge on Tuesday following Beijing’s commitment to implementing measures to strengthen the country’s struggling economy. The Hang Seng Index in Hong Kong rose by more than 3%, while China’s …
Japan, known for its innovative technology, is currently falling behind in the race to develop generative artificial intelligence algorithms. Generative AI has become a hot topic in the tech industry, with the potential to significantly boost global GDP. However, Japan is trailing behind the US, China, and Europe in terms of large language model (LLM) …