Tag Archives: artificial intelligence

Through its privacy commission, Japan issued a warning and threatened to take action against OpenAI if it violates any privacy regulation. Japan’s privacy agency has announced it issued a warning to OpenAI on using or collecting user data. The Personal Information Protection Commission (PPC) urged the ChatGPT creator to only collect sensitive information with consent from users. In the statement, the privacy watchdog suggests it is currently not investigating OpenAI for any breach of...

Public testing of Alibaba’s Tongyi Qianwen is now underway in China as the company hopes to finetune the AI and fully release it later. Alibaba has started rolling out Tongyi Qianwen, an artificial intelligence model application that will rival OpenAI’s ChatGPT. Tongyi Qianwen is a large language model (LLM) Alibaba intends to integrate with a digital assistant named Tongyi Tingwu. According to Alibaba, Tongyi Tingwu is an AI assistant offering users a wide range of services, including...

According to GetYourGuide, the funds raised will be used to invest in AI including the integration of Large Language Models (LLMs) into its platform. German online travel experience service provider GetYourGuide has announced it has raised the sum of $194 million from both new and old investors as it looks to double down on growing demand for travel experiences and the new buzz in Artificial Intelligence (AI). As reported by CNBC, the company, the funding was pulled in two major ways,...

China Telecom has noted that the establishment of a quantum tech hub is in line with President Xi Jinping’s long-term tech adoption. China Telecom Corp Ltd (Hong Kong: 728), a Chinese telecommunications company, has announced plans to venture into the supercomputer quantum industry to streamline its services. According to the company’s announcement through WeChat, up to 3 billion Yuan, approximately $434 million, will be used to establish the China Telecom Quantum Information Technology...

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.  Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...

Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.  Baidu (NASDAQ: BIDU) appears set to launch a 1-billion yuan ($145 million) venture capital artificial intelligence (AI) fund to support AI startups. Today, the Chinese tech giant announced its AI fund intentions alongside other related initiatives. In addition to supporting platforms focused on artificial intelligence-generated content, Baidu also plans to launch a contest...

Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.  Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand to deliver goods via Uber’s platform in several US-based markets. The Serve Robotics-Uber Eats partnership would last until early 2026. Speaking on...

Nvidia believes that generative AI might be the most important computing platform of this generation. Nvidia CEO Jensen Huang has shared some of the prospects of generative AI being a form of artificial intelligence technology that will greatly impact the world. He shared his thoughts on Monday while delivering a keynote speech at the Computex forum in Taiwan. According to Huang, it is the dawn of a “new computing era” where a layman can easily be a programmer. He claims that generative AI...

Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year. Ark Invest‘s Cathie Wood, known for taking bold bets on new-age tech companies, has justified their exit from Nvidia (NASDAQ: NVDA) earlier this year. Last Wednesday, May 24, NVDA stock jumped by more than 20% in a single day moving closer to the $400 level. In her tweets on Monday, May 29, the ARK Innovation ETF (ticker ARKK) manager justified the exit from the stock....

China has agreed to work with Japan to promote practical cooperation in key economic and trade areas including advancements in the semiconductor industry. The global geopolitical crisis has significantly impacted the overall development of technology. The ongoing war between Ukraine and Russia, which is estimated to take several years to resolve, has significantly increased the rift between global military superpowers. Moreover, the United States has significantly influenced other nations...