Author name: Sajid Patel

Former ByteDance executive takes helm at Baidu-backed Shengshu amid generative AI boom

Former ByteDance executive takes helm at Baidu-backed Shengshu amid generative AI boom

A former ByteDance executive has joined Shengshu AI as CEO, marking a significant hire by one of China’s leading artificial intelligence (AI) video start-ups amid fierce competition for talent in the rapidly evolving industry. Luo Yihang – the former head of AI solutions at ByteDance’s cloud unit, Volcano Engine – will oversee research and development, […]

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China’s Naura climbs the ranks of world’s top chipmaking equipment suppliers

China’s Naura climbs the ranks of world’s top chipmaking equipment suppliers

Beijing-based Naura was ranked sixth among global chipmaking equipment suppliers by revenue last year, up from eighth place in 2023 when it cracked the industry’s top-10 leaderboard for the first time, according to a report last week by Chinese semiconductor research firm CINNO. The state-backed company, which is expected to post about a 40 per

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Alibaba’s Joe Tsai: Xi Jinping’s entrepreneur meeting fuels business confidence in China

Alibaba’s Joe Tsai: Xi Jinping’s entrepreneur meeting fuels business confidence in China

President Xi Jinping’s high-profile meeting with technology business leaders last month significantly enhanced the confidence of Chinese companies, prompting Alibaba Group Holding to make substantial investments in artificial intelligence (AI), according to company chairman and co-founder Joe Tsai during a conference in Singapore. “I wouldn’t underestimate the importance of that event,” Tsai said on Wednesday

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Meta tests first in-house AI training chip, produced by TSMC, to cut reliance on Nvidia

Meta tests first in-house AI training chip, produced by TSMC, to cut reliance on Nvidia

Facebook owner Meta Platforms was testing its first in-house chip for training artificial intelligence (AI) systems, a key milestone as it moved to design more of its own custom silicon and reduce reliance on external suppliers like Nvidia, two sources told Reuters. The world’s biggest social media company had begun a small deployment of the

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‘Less structure, more intelligence’: AI agent Manus draws upbeat reviews of nascent system

‘Less structure, more intelligence’: AI agent Manus draws upbeat reviews of nascent system

“Got access and it’s true … Manus is the most impressive AI tool I’ve ever tried,” wrote Victor Mustar, head of product at AI and machine-learning developer platform Hugging Face, in a post over the weekend on X, formerly Twitter. Mustar prompted Manus to create and display an animated 3D video game in a web

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Apple prepares major interface revamp for iPhone, iPad and Mac for new generation of users

Apple prepares major interface revamp for iPhone, iPad and Mac for new generation of users

Apple is preparing one of the most dramatic software overhauls in the company’s history, aiming to transform the interface of the iPhone, iPad and Mac for a new generation of users. The revamp – due later this year – will fundamentally change the look of the operating systems and make Apple’s various software platforms more

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AI agent Manus partners with Alibaba’s Qwen to develop Chinese version

AI agent Manus partners with Alibaba’s Qwen to develop Chinese version

The creator of Chinese general-purpose artificial intelligence (AI) agent Manus is working with Alibaba Group Holding’s large language model (LLM) team to develop a Chinese version of the application, after it quickly rose to fame over the past few days. Manus will engage in strategic cooperation with Alibaba’s Qwen team “to meet the needs of

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ByteDance says new AI technology boosts model training efficiency by 1.7 times

ByteDance says new AI technology boosts model training efficiency by 1.7 times

TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the latest Chinese tech company to achieve a breakthrough that could potentially reduce demand for Nvidia’s high-end graphics processing units (GPUs). The company’s Doubao development team said they managed to “speed up” LLM training efficiency by “1.71

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Bitcoin, ether stagger as US stock sell-off weighs on cryptocurrencies

Bitcoin, ether stagger as US stock sell-off weighs on cryptocurrencies

Cryptocurrencies decline as fears over a sell-off in US equities eclipsed US President Donald Trump’s recent efforts to buttress the industry. Bitcoin fell more than 3 per cent on Tuesday morning in Asia, while second-ranked token ether dropped as much as 6 per cent to US$1,756, an intraday low not seen since October 2023, according

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Chinese AI agent Manus transcends chatbots, founder of start-up Butterfly Effect says

Chinese AI agent Manus transcends chatbots, founder of start-up Butterfly Effect says

Chinese start-up Butterfly Effect, creator of general-purpose artificial intelligence (AI) agent Manus, appears poised to shake up the red-hot domestic market for large language models (LLMs), as it focuses on applications beyond ChatGPT-like chatbots. Tencent Holdings-backed Butterfly Effect has caught the AI community’s attention at home and abroad, following its invitation-only online preview last week

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