27 March 2025

Trump’s TikTok stance differs from some Republicans ahead of sell-or-ban deadline

Trump’s TikTok stance differs from some Republicans ahead of sell-or-ban deadline

US House Republicans are standing firm against any TikTok divestiture deal that would leave Chinese owner ByteDance with a stake in the popular app, as US President Donald Trump appears to be leaving the door open for such an arrangement. Short of a stand-off, the latest comments on the issue show a continued rift in […]

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Cathie Wood sees AI driving US trillion global robotaxi revolution

Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

Cathie Wood, the star stock picker behind Tesla’s stratospheric valuation, has doubled down on her bets, citing the convergence of artificial intelligence (AI), new energy and automation for her bullishness. The worldwide market for self-driving taxis, which Tesla is approved to test in California, is set to skyrocket, the founder and CEO of Ark Investment

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Alibaba’s Taobao e-commerce site targets fake AI-generated product images in crackdown

Alibaba’s Taobao e-commerce site targets fake AI-generated product images in crackdown

Alibaba Group Holding’s Taobao e-commerce platform is stepping up efforts to combat the proliferation of fake and misleading product images generated using artificial intelligence (AI), in a fresh effort to counter the misuse of a technology that is increasingly sophisticated and accessible. Taobao and Tmall Group, Alibaba’s e-commerce business unit, announced on Thursday a new

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Alibaba launches AI model that can process images and video on phones and laptops

Alibaba launches AI model that can process images and video on phones and laptops

Alibaba Group Holding has introduced a new multimodal artificial intelligence (AI) model capable of processing text, images, audio and video on smartphones and laptops, as the tech giant moves to solidify its advantages in generative AI. The company launched Qwen2.5-Omni-7B on Thursday as the latest addition to its Qwen family of models. With just 7

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US and Chinese robotics start-ups attract 75% of global funding, study finds

US and Chinese robotics start-ups attract 75% of global funding, study finds

China and the United States accounted for 75 per cent of all venture capital investment in the robotics space over the past six years, allowing them to build a formidable lead in a crucial emerging industry, according to a study by the analytics firm GlobalData. The scale of investment into US and Chinese robotics start-ups

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Microsoft abandons data centre projects in US and Europe, sparking oversupply fears

Microsoft abandons data centre projects in US and Europe, sparking oversupply fears

Microsoft has walked away from new data centre projects in the US and Europe that would have amounted to a capacity of about 2 gigawatts of electricity, according to TD Cowen analysts, who attributed the pullback to an oversupply of the clusters of computers that power artificial intelligence (AI). The analysts, who rattled investors with

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