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CHINESE AI DEVELOPERS
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people sayMoonshot, a Chinese AI startup, is currently in discussions with Recurrent.ai amidst a backdrop of legal challenges concerning alleged misc...
Nvidia in talks to invest further in Reflection AI or buy it: FTTalks are at an early stage and a deal could take several forms, including a so-called acqui-hire arrangement where Nvidia would hire staff...
Nvidia in talks to buy Reflection AI or deepen its investment, FT reportsNvidia is in talks to deepen its investment in startup Reflection AI or acquire it, the Financial Times reported on Saturday, citing people...
China's new development plan includes AI safety goals: XinhuaXinhua said that the Chinese Communist Party's Central Committee and the State Council had issued a set of guidelines "aimed at acceleratin...
- EU tech chief says bloc 'well equipped' to fend off rogue AI risk
European Union rules setting guardrails on AI use adopted by the bloc two years ago are more than capable of tackling rogue agents, EU tech...
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...
Chinese AI tool pulled to prevent 'misuse' after South Korea hacksIn light of alarming bank hacks, the Chinese AI cybersecurity tool Artex has been taken offline. Major data breaches affecting tens of thou...
South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminalsNine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including ...
Chinese developer makes ARTEX AI agent closed-source after Korean bank hackThe Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as ...
Manus raises more than $500 million after Meta exitManus, the AI startup formerly under the umbrella of Meta, has achieved a remarkable funding milestone, securing over $500 million in its l...
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
Suspect behind South Korea bank hacks may be 26-year-old in China, CrowdStrike saysThe suspect behind recent cyberattacks targeting South Korea's financial sector may be a 26-year-old based in China's Guangdong province, U...
US stocks: Webull shares plunge 18% after report flags structural ties to ChinaWebull shares fell by more than 18% following a report connecting the platform to the Chinese government. The House Select Committee on Chi...
US, China, EU: three paths to regulating AIThe United States, China and the European Union are taking different paths to govern artificial intelligence, as calls grow worldwide to re...
DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
Nvidia-backed Reflection unveils first AI model to take on Chinese open modelsNvidia-backed Reflection AI debuted its first open-weight model named Beam on Monday, as the startup aims to compete with lower-cost Chines...
OpenAI's Sam Altman says AI benefits warrant accepting some risksOpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology shoul...
Scott Bessent says AI industry must own its risks and find solutionsAnthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...
China's AI agents can lie and scheme - just like their US rivalsReuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies ...