Google, Meta, TikTok sue to block California youth social media lawThe law, known as Assembly Bill 1709, prohibits such platforms from offering underage children "psychologically exploitative features" that...
Nvidia chips pile up in Hong Kong as China withholds import approvalAbout 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people fa...
China's 'Lipstick King' touts AI tokens in first for Singles' Day festivalThe launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world'...
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI pushThe rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like...
Japan’s Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%Japan’s Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth a...
Skydance bets big on AI-driven contentParamount Skydance has completed its acquisition of Warner Bros Discovery for $110 billion. The company plans to focus on reducing costs th...
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip ordersUS-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese techn...
China's ByteDance sets up AI safety team, launches global hiring driveIn a proactive move to address concerns surrounding artificial intelligence safety, ByteDance's AI research division, Seed, is assembling a...
JetSynthesys launches AI-powered creative platform JetKreateJetSynthesys has introduced JetKreate, an AI-powered platform integrating scripting, visuals, audio, and video production. This platform wa...
Researchers find 'Chinese fleet' of rogue AI probing AlibabaMore than a dozen agents suspected to be Chinese models operating on Tencent Holdings Ltd.’s cloud services attempted to access Alibaba Gro...
SoftBank seeks $100 billion from Gulf states for AISoftBank Group Corp. is in discussions to raise up to $100 billion from Gulf investors for future AI investments. Founder Masayoshi Son has...
China AI developers publish safety tests for just 3.6% of model releases, report findsOnly a fraction of the 857 AI models released by Chinese companies have undergone safety testing, with merely 3.6% revealing published eval...
Meta bans TikTok ads on its platforms in USMeta has implemented an immediate ban on advertisements from ByteDance across its platforms in multiple countries. This decision affects va...
China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: The InformationChina's Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report their plans to p...
First US trial against TikTok to test claims platform fueled teen mental health crisisAn Alabama jury will hear the state's claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young user...
TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richestByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artific...
ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...