The numbers underscore the pace at which demand is outstripping supply as customers rev up their purchases of devices needed to develop AI technologies.
Yuanbao can be used to analyse and summarise documents, provide questions and answers, and generate texts and images.
ByteDance has called on Chinese social media not to spread such misinformation after declaring the report as untrue.
The company will provide the enterprise version of ChatGPT to its 75,000 US employees and 26,000 UK employees.
Apart from domestic semiconductor manufacturers, the third phase of China’s ‘Big Fund’ is expected to support chip equipment and material suppliers, analysts said.
The strategy takes into account the broad transformation in China’s video gaming market, which is maturing, according to Tencent senior vice-president Steven Ma.
BlackRock’s iShares Bitcoin Trust has attracted the greatest inflow, totalling US$16.5 billion, since nine spot bitcoin exchange-traded funds went live in the United States in January.
The EV maker has unveiled a new version of its plug-in hybrid technology that it hopes will encourage more widespread adoption of electric cars in China, ratcheting up pressure on traditional carmakers like VW and General Motors.
Helen Toner says board members did not know about the 2022 launch of ChatGPT until they saw an announcement on Twitter.
Amid high compliance costs, the SFC’s notice that crypto exchanges should not serve mainland investors is prompting some firms to leave the city.
The internet giant’s Oracle Bones Corpus provides an artificial intelligence-powered online database dedicated to the study of the ancient inscriptions on oracle bones.
As of Tuesday, Tencent’s Dungeon & Fighter Mobile remained at the top of free-to-download games on Apple’s China App Store.
Douyin, the sister app of TikTok in China, has moved to curb ‘newsjacking’, an online trick of expanding influence by taking advantage of viral news stories, in the latest example of its control over content.
The Chinese internet giant aims to expand the coverage of WeChat Pay in the Maldives to 8,000 merchants by the end of this year.
The departure of AI experts from these Big Tech firms reflects increased investor interest in start-ups that could become the next OpenAI.
The third phase of the China Integrated Circuit Industry Investment Fund has 19 equity investors, led by the Ministry of Finance and the country’s major state-owned banks.
The Series B round comes less than a year after xAI’s debut and marks one of the bigger investments in the field.
Lenovo is well-placed to compete in the global AI PC market because of its differentiated product offerings for China and the rest of the world, a top company executive says.
In Southeast Asia, Chinese EV builders from established giants like BYD and Great Wall to start-ups such as Hozon are offering discounts in a bid to take on Japanese rivals whose petrol cars dominate the market.
Huawei Technologies is joining the booming short drama industry in China by testing a new online miniseries app that is available for certain smartphone users for a five-day trial until Sunday.
The start-up, a rival to ChatGPT creator OpenAI, has been marketed to a range of Silicon Valley investors.