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Read More »Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
CoinspeakerTencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources. Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
Read More »Infura Network Partners with Microsoft and Other Top Tech Firms to Create Decentralized Web3 Infrastructure
Andrew Breslin clarified that the idea was more about the numbers than the big-name firms that it appears Infura had targetted. Infura, the Web3 infrastructure firm from Consensys, has just entered into multiple partnerships with Microsoft and Tencent. The move, which appears to be in line with its vision of achieving progressive decentralization, also saw it tap 16 other Web2 giants alongside the leading technology giants. Infura to Launch a DIN Infura announced the partnership during a...
Read More »Chinese AI Startup Zhipu Secures $342M in Funding from Alibaba, Tencent
Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI. Amid the buzzing AI market, Chinese AI startup Zhipu announced that it has secured $342 million (or 2.5 billion yuan) in funding from Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (HKG: 0700). HongShan, the former Sequoia China along with food delivery leader Meituan joined the recent funding round....
Read More »Baidu Claims Its Latest Ernie AI Model Is ‘On Par’ with GPT-4
The tech giant also announced that the latest version of ERNIE has been integrated into its suite of services. Chinese technology company Baidu has unveiled the latest version of its generative artificial intelligence (AI) model ERNIE 4.0. The company claims that ERNIE 4.0’s capabilities now match those of OpenAI’s GTP-4 model. The upgrade was announced on Tuesday by Baidu Co-Founder and CEO Robin Li Yanhong at the Baidu World 2023 conference in Beijing. Li’s presentation highlighted the...
Read More »Enflame Technology Secures $273.7M in Funding Supported by Tencent and Shanghai Investors
Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research. Enflame Technology, a Chinese tech company specializing in artificial intelligence (AI) chip development, has announced the successful completion of its Series D funding round, raising an impressive 2 billion yuan (approximately $273.7 million). This...
Read More »Tencent Unveils ‘Hunyuan’ AI Model for Business Use
Tencent’s announcement closely follows a host of AI-powered applications revealed by Baidu, another tech giant in China. Chinese tech giant Tencent Holdings Ltd (HKG: 0700) is set to launch its cutting-edge AI model, “Hunyuan”, for business applications. This announcement was made by Dowson Tong, CEO of the cloud and smart industries group at Tencent, in an exclusive interview with CNBC ahead of the company’s annual summit. The unveiling of Hunyuan comes at a time when Artificial...
Read More »Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022
CoinspeakerJapan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022 As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022
Read More »Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
CoinspeakerTencent Reports Solid Q2 Results despite Failing to Meet Expectations Although slightly below the expected 32.3 billion yuan, Tencent's profitability demonstrates its financial resilience in the face of economic turmoil. Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
Read More »Alibaba Explores Different Options for Video Streaming Platforms Youku, Tudou
CoinspeakerAlibaba Explores Different Options for Video Streaming Platforms Youku, Tudou Alibaba is reviewing its video platform assets and is also planning restructuring to boost growth while creating separate entities for video streaming platforms. Alibaba Explores Different Options for Video Streaming Platforms Youku, Tudou
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