Baidu CEO warns China’s rush to develop AI models risks wasting resources
By Yelin Mo and Brenda Goh BEIJING (Reuters) – The head of one of China’s leading AI firms, Baidu, warned on Wednesday that the fervor rushing to develop large language…
Musk’s xAI set to launch first AI model to select group
By Akash Sriram and Mrinmay Dey (Reuters) – Elon Musk‘s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla…
Indian e-scooter maker Ather readies new models and exports after subsidy cuts
By Aditi Shah BENGALURU (Reuters) – Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new…
Meta releases AI model for translating speech between dozens of languages
By Katie Paul NEW YORK (Reuters) – Facebook parent company Meta Platforms on Tuesday released an AI model capable of translating and transcribing speech in dozens of languages, a potential…
Why Jack Ma is no longer the role model for Chinese entrepreneurs
He was the wealthiest man in the country, a role model for his fellow citizens and an idol for entrepreneurs looking for the right shot to climb the social ladder. Then it all ended abruptly, and…
Ant Group confirms it is working on own AI large language model
By Casey Hall SHANGHAI (Reuters) – A technology research and development team at China’s Ant Group is developing its own large-language model (LLM), internally called Zhenyi, a spokesperson said on…
OpenAI readies new open-source AI model
By Ananya Mariam Rajesh (Reuters) – OpenAI is preparing to release a new open-source language model to the public, The Information reported on Monday, citing a person with knowledge of…
Levi’s tests AI-generated models to boost inclusivity and personalization
Levi’s plans to invest in virtual models, creating avatars through artificial intelligence to boost inclusivity and personalization. The San Francisco-based clothing retailer said it would partner with startup Lalaland.ai to create fashion…
Tesla cuts U.S. Model S and Model X prices between 4% and 9%
By Mrinmay Dey and Shubham Kalia (Reuters) – Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company’s website, days…
Tesla delivery time is longer on some China models after discounts
By Zhang Yan and Brenda Goh SHANGHAI (Reuters) – Tesla has indicated longer waiting times for potential buyers of some versions of the Model Y in China, signalling that price…