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Alibaba, Tencent Back Kuaishou’s Kling AI In $2.8bn Fundraise, Valuing The AI Video Platform...
China's artificial intelligence funding race gathered further momentum after video-generation startup Kling AI secured one of the largest financing rounds in the country's generative...
Meta Admits AI Restructuring Fell Short as Zuckerberg Bets on Next-Generation Models to Close...
Meta Chief Executive Mark Zuckerberg has acknowledged that the company's sweeping AI-driven restructuring has not delivered the rapid gains management anticipated, offering one of...
Dow Jones Reaches Record High as Crypto Token Buybacks Outpace Supply Growth
Investor confidence strengthened across both traditional finance and the cryptocurrency market as the Dow Jones Industrial Average closed at a new all-time high while...
Why Alibaba Restricted Claude Code in Its Development Environment
Alibaba has reportedly prohibited the use of Claude Code within parts of its organization due to concerns over potential backdoor security risks.
The decision underscores...
Chinese AI Startup Z.ai Ignites ‘Mini DeepSeek Moment’ as GLM-5.2 Challenges OpenAI and Anthropic...
China's artificial intelligence race has entered a new phase, with Beijing-based startup Z.ai emerging as the latest company challenging the dominance of leading U.S....