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. Source link
Chinese AI start-up Baichuan loses co-founder in latest industry shake-up Read More »
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ByteDance, the owner of TikTok and Douyin, filed a lawsuit against a former intern, accusing him of tampering with code and sabotaging an artificial intelligence (AI) training project and demanding 8 million yuan (US$1.1 million) in compensation as well as a public apology, according to a local media report. The case has already been accepted
ByteDance seeks US$1.1 million in damages from ex-intern who sabotaged AI project Read More »
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US lawmakers are moving to prohibit the Pentagon from doing business with companies that sell computer chips and services to Huawei Technologies under defence legislation that could put further pressure on suppliers to the Chinese tech champion. The bipartisan National Defence Authorisation Act unveiled on Saturday contains language that would effectively bar Defence Department contractors
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Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the mainland, plans to sell half of its cars overseas as early as 2026 and attain profitability the same year, according to its founder. The 10-year-old Shanghai-based carmaker recently downsized its operations following a series of challenges,
Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war Read More »
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Moonshot AI founder Yang Zhilin, a rising star in China’s artificial intelligence (AI) industry, finds himself locked in a legal dispute with GSR Ventures China and four other firms that invested in his last venture, Recurrent AI. GSR Ventures China managing director Allen Zhu Xiaohu claims that Yang has uncleared liability when he launched Moonshot
Moonshot AI founder’s dispute with 5 investors up for arbitration in Hong Kong Read More »
