Italy's Domyn to launch open source frontier AI model within a yearThe Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...
Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorganThe report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider...
Anthropic says Alibaba illicitly extracted Claude AI model capabilitiesUS AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence...
South Korea's SK Hynix says to raise $29 billion in ADR listingSouth Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This ...
ByteDance rolls out paid subscriptions for China's largest AI chatbotChinese tech giant ByteDance has launched paid subscriptions for its popular AI chatbot, Doubao, a move aimed at monetizing its vast user b...
India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
Alibaba sues Pentagon over blacklist designationAlibaba Group on Tuesday filed a federal lawsuit challenging the US Defense Department's designation of the Chinese technology giant as a "...
Tencent tests AI assistant for its super app WeChat in ChinaKnown as Weixin in China, the super app has made the new AI assistant available to a small number of users, according to a statement from W...
China hits back at US sanctions on tech giants, restricting its exports to 10 American defense firmsChina has retaliated against US sanctions by imposing its own restrictions on 10 American military-linked companies. Beijing's Commerce Min...
China hits back at US sanctions on tech giants, restricts exports to 10 American defense firmsChina imposed export controls on 10 US companies involved in defence and rare earths mining in response to Washington's blacklist, and bann...
Tech, crypto firms to help tackle illegal wildlife tradeAnnouncement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Cli...
China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...
Alibaba unveils AI models for robots, amid shift from chatbots to agentsChinese tech and ecommerce giant Alibaba unveiled on Tuesday its first suite of AI models for robots, as China's tech industry shifts i...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
China opposes US move to list top firms as military companiesChina strongly objects to the United States placing prominent Chinese companies on a military firm list. Beijing states this action disrega...