start-up Tag

16 Apr Alibaba strengthens commitment to open-source development of AI models amid debate over this strategy

Posted at 11:30h in Asia

The e-commerce giant could have been “more aggressive in open-source [development]” over the past year based on the gains made by Tongyi Qianwen, according to Alibaba’s Lin Junyang, who is in charge of the model’s open-source buildout, in a WeChat post published on Monday. Alibaba...

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04 Apr Home-grown hydrogen energy start-up Epago aims to tap Hong Kong’s innovation ecosystem to expand to China and overseas

Posted at 06:07h in Asia

Having started out as a research project looking at fuel cell electrodes at HKSTP, the company has developed a new structure of membrane electrode assemblies (MEA), the most critical component of hydrogen fuel cell batteries which makes it possible to convert hydrogen into electricity.Because of...

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20 Mar Alibaba-backed Moonshot AI claims breakthrough in expanded Chinese-character prompt for Kimi chatbot

Posted at 11:00h in Asia

Chinese artificial intelligence company Moonshot AI claims that its Kimi chatbot can now handle up to 2 million Chinese characters in a single prompt – the instruction or query a user enters into the interface of a ChatGPT-like service – to surpass the capabilities of...

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12 Mar ChatGPT creator OpenAI slams Elon Musk’s claims as ‘incoherent’ in Microsoft-backed start-up’s first legal response to tech billionaire’s lawsuit

Posted at 05:23h in Asia

ChatGPT creator OpenAI has lambasted Elon Musk’s allegations against it, saying in a court filing that the billionaire entrepreneur’s claims “rest on convoluted – often incoherent – factual premises”.In the filing, OpenAI said that it did not violate its agreement with Musk because “there is...

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07 Mar GreenTech in Hong Kong: hydrogen start-up H2 Solution to build city presence as springboard into overseas markets

Posted at 04:00h in Asia

Hong Kong green-energy start-up H2 Solution, which makes hydrogen fuel-cell systems, is looking to set up its operations in the city’s science and technology park as a springboard into overseas markets.The firm is holding talks with Hong Kong Science and Technology Park Corp to participate...

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06 Mar Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US$2 billion

Posted at 00:00h in Asia

Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said. The two investors requested anonymity because they are not authorised to speak...

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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...

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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...

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15 Feb Apple’s Vision Pro raises interest for extended reality technology, spurring broader demand for more affordable headsets, Rokid CEO says

Posted at 09:30h in Asia

The Vision Pro, which Apple first rolled out in the United States earlier this month, will help the whole extended reality (XR) sector grow and generate greater consumer interest, while expanding the development of relevant software and content, according to Rokid founder and chief...

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29 Jan China approves 14 large language models and enterprise applications, as Beijing favours wider AI adoption across industries

Posted at 10:04h in Asia

A total of 14 LLMs and enterprise applications were recently given the green light by authorities for commercial use, according to local media reports and company announcements including those from smartphone giant Xiaomi, AI specialist Beijing Fourth Paradigm Technology Co and Beijing-based tech...

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