AMD has added Dell as a commercial PC customer for the first time, marking a significant partnership in the tech industry. Meanwhile, Samsung's CEO highlighted the company's focus on artificial intelligence-powered home appliances such as fridges and washers after a year of disappointing sales. In other news, the US government has added Tencent and CATL to its list of "Chinese military companies", while Intel announced new laptop chips that will extend computer battery life. Additionally, Qualcomm is set to bring AI capabilities to personal computers priced at around $600.
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/qualcomms-new-chips-will-bring-ai-us600-personal-computersNvidia's stock surge has made three of its board members billionaires, including Jensen Huang, Robert Bailey and Mark Stevens. The company's remarkable performance is likely due to the growing demand for artificial intelligence and graphics processing units (GPUs). Meanwhile, in Malaysia, WeChat and TikTok have been granted licenses to operate under a new law, allowing them to continue operating in the country. In other news, Alibaba is selling its stake in Sun Art to a buyout firm at a discounted price, while Apple is offering discounts on iPhones in China as competition intensifies.
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidias-remarkable-stock-surge-mints-three-board-billionairesAlibaba has introduced its own large language model (LLM) focused on enterprise customers, unlike consumer-focused models like OpenAI's ChatGPT. The company's Qwen models have been deployed by over 90,000 enterprise customers since May. This move is part of a trend in China where tech giants such as Tencent, Baidu, JD.com, Huawei and ByteDance are developing their own LLMs. Experts believe this shift could democratize AI capabilities, allowing smaller startups to compete with massive tech companies and enabling traditional businesses to adopt state-of-the-art technology.
https://www.pymnts.com/artificial-intelligence-2/2024/alibaba-plans-major-discounts-on-ai-large-language-models/A Shanghai-backed investment firm, Fortera Capital, has led a funding round for AI start-up Stepfun, raising hundreds of millions of dollars. The funding was also supported by Chinese tech giant Tencent Holdings and Qiming Venture Partners, an early investor in several prominent Chinese companies including ByteDance and Xiaomi. Stepfun, founded in April last year, plans to use the funds to develop advanced AI models with multimodal capabilities and complex reasoning, as well as expand its consumer-oriented product portfolio. This investment reflects Shanghai's efforts to support technological innovation in key industries, led by the municipal government.
https://www.scmp.com/tech/tech-trends/article/3292348/shanghai-backed-firm-helps-ai-start-stepfun-raise-hundreds-millions-dollars?module=top_story&pgtype=sectionDYXnet has been recognized for its innovative technology, winning a Gold Award at the Asia-Pacific Stevie Awards. The company's AI series includes an enterprise-grade GenAI assistant called "DYXnet ChatV" and an AI multimedia solution called "Digital Human Platform", which was developed in collaboration with Tencent. DYXnet ChatV integrates with powerful models such as OpenAI's ChatGPT, Google's Gemini, and SenseTime's SenseChat AI to allow clients to build customized knowledge bases and intelligent assistants. The Digital Human Platform leverages cutting-edge AI technology to generate AI anchor videos and create digital humans that can be used in real-time scenarios with DYXnet ChatV.
https://www.manilatimes.net/2024/12/23/tmt-newswire/media-outreach-newswire/celebrating-25-years-of-excellence-dyxnet-embarks-the-new-chapter-of-digital-transformation/2026623China's government appears to be taking concrete steps to support the private sector, as evident in a recent article by Tencent Chairman Ma Huateng. The article suggests that the government is committed to backing private companies with laws and policies, rather than just verbal promises. This move has sparked a positive response from the private sector, which is now being positioned at the forefront of China's economy. Notably, Jack Ma, a key figure in China's internet revolution 20 years ago, is set to return to the scene with a focus on artificial intelligence (AI), potentially bringing new dynamics to the economy.
https://koreajoongangdaily.joins.com/news/2024-12-23/opinion/meanwhile/Will-Jack-Mas-return-help-save-the-Chinese-economy/2207453