12 April 2025

TikTok owner ByteDance’s overseas sales jump in 2024 despite US hurdles: report

TikTok owner ByteDance’s overseas sales jump in 2024 despite US hurdles: report

TikTok’s parent ByteDance is said to have recorded a 63 per cent surge in overseas sales in 2024, driven primarily by the short-video app’s growth, in a sign that the Chinese social media giant remains resilient despite political headwinds in the US. ByteDance’s overseas revenue reached US$39 billion last year, with TikTok accounting for most […]

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Chinese AI firm SenseTime bets on multimodal models to stand out from rivals

Chinese AI firm SenseTime bets on multimodal models to stand out from rivals

SenseTime, an artificial intelligence (AI) pioneer in China, has launched new models that it claims surpass OpenAI products in reasoning capabilities, as it bets on multimodal models to secure its position in the competitive AI landscape. The company on Thursday unveiled SenseNova V6 and V6 Reasoner, new iterations of its self-developed AI model series. V6

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SenseTime to expand computing power amid surging AI model demand

SenseTime to expand computing power amid surging AI model demand

SenseTime, an artificial intelligence (AI) pioneer in China, is set to expand its computing power by up to a triple-digit percentage annually in the next two years, as the company continues its efforts to increase the use of domestic chips amid an intensified tech war. Yang Fan, co-founder of SenseTime and president of the SenseCore

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Alphabet, Nvidia invest in OpenAI co-founder Sutskever’s SSI: source

Alphabet, Nvidia invest in OpenAI co-founder Sutskever’s SSI: source

Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a start-up co-founded by OpenAI’s former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence start-ups months after its launch, a source familiar with the matter has said. The funding illustrates renewed interest

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