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29 Feb Exclusive | AI takes priority at TikTok owner ByteDance, as Sora disrupts the future of video creation

Posted at 13:30h in Asia

ByteDance is “secretly” working on multiple AI products, including text-to-image and text-to-video technology, according to a report on Wednesday by Chinese media outlet Jiemian.The team responsible for video-editing app CapCut, managed by Kelly Zhang Nan – former CEO of the Douyin unit, which oversees TikTok’s...

27 Feb ‘Shining on international stage’: Chinese developers of OpenAI’s text-to-video generator Sora receive acclaim at home

Posted at 11:00h in Asia

At least two Chinese developers involved in building Sora, the newly released text-to-video generator from ChatGPT creator OpenAI, have received acclaim on the mainland for their efforts, showing how the advanced generative artificial intelligence (AI) technology has ignited interest across the country where the Microsoft-backed...

25 Feb Opinion | Why chipmakers’ stock surge is no guarantee of AI revolution’s future

Posted at 12:15h in Asia

Some of the controversies are easier to manage. The machine learning driven by generative AI has already shown its value in speedy and reliable early indication of diseases, for example. We are at the earliest stages of discovering how these new technologies can enhance productivity...

24 Feb OpenAI’s Sora pours ‘cold water’ on China’s AI dreams, as text-to-video advancements prompt more soul-searching

Posted at 00:00h in Asia

Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported...

23 Feb Reddit files publicly for IPO, trumpeting AI deals as revenue source and listing OpenAI’s Altman as major shareholder

Posted at 02:40h in Asia

The San Francisco-based social media company will not disclose proposed terms for the IPO, including its valuation in a listing, until a later filing.The company has been advised to consider a valuation of at least US$5 billion in an IPO and could begin marketing the...

21 Feb Chinese fintech firm claims priority access to Sora API through Microsoft amid new text-to-video AI frenzy

Posted at 13:00h in Asia

A Chinese fintech firm is already attempting to take advantage of OpenAI’s Sora by claiming it will have priority access to the application programming interface (API) through Microsoft’s Azure system, in the latest example of how mainland businesses are rushing to associate themselves with cutting-edge...

20 Feb Chinese start-up Moonshot AI raises US$1 billion in funding round led by Alibaba and VC HongShan amid strong interest for OpenAI-type firms

Posted at 12:30h in Asia

The start-up in October launched smart chatbot Kimi Chat, built on its self-developed Moonshot large language model (LLM), which can process as many as 200,000 Chinese characters in a context window – referring to the swathe of text that an AI model can process during...

20 Feb Chinese entrepreneurs express awe and fear of OpenAI’s Sora text-to-video generator, as US sanctions weigh on AI race

Posted at 01:00h in Asia

“I’d like to compare this to the Newton moment of AI development,” Yin said.Chinese smartphone vendors from Meizu to Oppo step up AI integration in devicesZhou Hongyi, chairman and CEO of 360 Security Technology, said on the microblogging site Weibo that the gap between China...

19 Feb Chinese smartphone vendors from Meizu to Oppo step up AI integration in their devices amid expected industry recovery in 2024

Posted at 09:30h in Asia

“Meizu will build an ecosystem to fully open its AI devices to leading global LLM providers, including OpenAI, to jointly promote AI innovation and development,” the company said.An Oppo internal letter released on February 18, 2024, said the impact of artificial intelligence on its industry...

13 Feb OpenAI CEO Altman says UAE could serve as an AI ‘regulatory sandbox’ for the world

Posted at 10:09h in Asia

OpenAI CEO Altman says UAE could serve as an AI ‘regulatory sandbox’ for the worldOpenAI’s CEO Sam Altman said the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence (AI) technologies and later spearhead global rules limiting their use.“It’s very...

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