OpenAI has warned US lawmakers that Chinese AI startup DeepSeek is targeting the ChatGPT maker and the nation’s leading AI companies to replicate models and use them for its own training, reports Reuters, citing a memo it viewed. Sam Altman-led OpenAI accused DeepSeek of “ongoing efforts to free-ride on the capabilities developed by OpenAI and other […]
Category: Tech, Media & Telecom
Semiconductor Manufacturing International Corporation reported a 12.8% increase in fourth-quarter revenue, reports Caixin, though net profit declined as heavy spending on capacity expansion weighed on earnings. China’s largest chip foundry posted revenue of $2.49 billion for the three months ended December, according to a Tuesday earnings release. Net profit fell 24.9% from a year earlier to […]
Unisplendour Corporation, a subsidiary of state-backed Tsinghua Holdings, has scrapped year-long plans to get listed on the Hong Kong stock exchange, reports the South China Morning Post. Instead, it will raise $800 million via a private share placement on the Shenzhen exchange. The Shenzhen-listed developer of cloud computing software and manufacturer of servers and storage systems […]
The Shanghai Integrated Circuit Industry Investment Fund, backed by the municipal government, has expanded one of its three funds more than 11-fold, reports the South China Morning Post. The move aims to pump more capital into the city’s chip firms as part of China’s broader pursuit of tech self-reliance. The third phase of the fund, also […]
Alibaba Group’s research arm has unveiled a new foundational AI model intended to serve as the “brain” for robots, reports Caixin. This comes amid an intensifying global race to equip machines with advanced reasoning abilities. The Damo Academy on Tuesday released RynnBrain along with seven open-source models, including a 30-billion-parameter Mixture-of-Experts version. Alibaba said the system […]