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01.AI denounced as ‘vicious slander’ talks that it was looking to sell its pre-training team and other assets owing to business difficulty.
Hangzhou-based DeepSeek is 2025’s ‘biggest dark horse’ in open-source large language models, Nvidia research scientist Jim Fan says.
The adjustment will position Qwen-vl-max as a direct competitor to a similar visual model ByteDance launched in the middle of December.
The shift is part of the changes to the company’s overarching algorithms that determine a series of operational procedures for its couriers.
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Abundant investment and an open-source approach have pushed China to the AI forefront, but a lack of advanced chips may prove devastating.
DeepSeek’s V3 model was trained for two months at a cost of US$5.58 million, using significantly fewer computing resources than its rivals.
Fortera Capital, a private-equity firm under the Shanghai State-owned Capital Investment Co, led Stepfun’s recent series B funding round.
Chinese researchers and companies such as ByteDance made up a greater share of the 37-year-old AI conference this year, but some could not secure visas.
ByteDance’s ultra-low pricing underscores growing rivalry in the Chinese market, where Big Tech firms and start-ups have locked horns in a brutal price war.
Total funding amounted to 35 billion yuan this year, compared with 20.5 billion yuan last year, meaning investors are being more selective.
Zhipu said it doubled its revenue year on year in the 11 months to November, without providing an exact figure.
ByteDance sees AI chatbots as a slower growth opportunity and instead has prioritised AI video generators, according to local media.
The November AI model approvals is the smallest of the three batches released this year, as the market grows more saturated.
The departure of Hong Tao, who was pivotal to early monetisation efforts, comes after high-level departures at rival start-ups such as 01.AI and Moonshot AI.
The five firms that invested in Moonshot AI founder Yang Zhilin’s last venture, Recurrent AI, claim he has ‘uncleared liability’.
Some of the world’s brightest minds in AI are expected to attend this year’s Annual Conference on Neural Information Processing Systems.
The award, however, triggered speculation about whether the paper’s lead author was the ex-intern who ByteDance sued for US$1.1 million.
The company hopes to ‘better address the opportunities as well as challenges brought about by the AI 2.0 era’.
Alibaba Cloud is the latest among a slew of Chinese firms to roll out the AI models that take more time to reason through maths and programming queries.
The Chinese food delivery giant’s revenue for the September quarter reached 93.6 billion yuan.
Losses at the image recognition firm have surpassed those of 2023, as it grapples with challenges from new technology and client concentration.
China’s top trade negotiator and key figure during Trump’s first term met Nvidia’s global business head amid reports of fresh US export restrictions.
The warning was over alleged lapses in dealing with prohibited content in a timely manner and failing to protect minors.
The AI Experts Committee is expected to promote China’s perspective on how the fast-growing technology should be governed.
PDD’s results, including a 66 per cent jump in net revenue, outperformed rivals, but it did not allay investor concerns amid e-commerce competition.
The internet search giant pulled in US$4.6 billion in the September quarter, with a decline in online marketing outpacing AI growth.
Zhong Shanshan, founder of bottled-drinks giant Nongfu Spring, blames ByteDance’s social media apps for perpetuating online assaults.
The agenda at this year’s Wuzhen summit focuses heavily on AI, as China’s tech rivalry with the US grows.
The US giant says most of its App Store revenues in China are paid to developers and companies.
Baidu chief executive Robin Li said the RT6 is now the world’s only mass-produced Level-4 autonomous driving vehicle.
