Tag: Artificial Intelligence

Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports

China’s tech and e-commerce giant Alibaba Group (9988.HK), is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter.

China announces high-tech fund to grow AI, emerging industries

Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials have vowed to set up a state-backed fund to support technological innovation.

OpenAI reveals GPT-4.5 amid flurry of new AI model releases

OpenAI has launched its largest artificial intelligence model with fewer “hallucinations”, the latest in a flurry of AI releases by US tech groups.

OpenAI board rejects Elon Musk-led $97 billion purchase offer

OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company.

Musk says xAI’s Grok 3 chatbot will be released Monday

Elon Musk’s artificial intelligence startup xAI will release its Grok 3 chatbot on Monday, with the billionaire describing it as the “smartest AI on Earth.”

EU to mobilise €200 billion for AI investment

The European Commission also announced a fund specific to AI gigafactories to allow companies to train their AI models.

JD Vance says U.S. will defend American AI and block efforts to weaponize the tech

Vice President JD Vance on Tuesday said that the U.S. will safeguard American artificial intelligence and chips and block efforts to “weaponize” the critical technologies.

World’s first major act to regulate AI passed by European lawmakers

The European Union Parliament on Wednesday approved the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.

Tesla Catches an Upgrade. It’s an AI Stock.

Tesla  as an artificial intelligence stock is picking up steam on Wall Street.

Google is having productive talks with the EU on A.I. regulation, cloud boss says

Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and other companies can build AI safely and responsibly, the head of the company’s cloud computing division told CNBC.

Chinese A.I. stocks fall as U.S. reportedly weighs curbs on chip exports

China’s artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments of AI chips to China.

C3.ai Stock Falls After Earnings Outlook Fails to Justify the Hype

C3.ai shares were trading sharply lower in premarket trading Thursday, the morning after the company provided a financial outlook for its April 2024 fiscal year that fell shy of Wall Street estimates.

Nvidia shares spike 26% on huge forecast beat driven by A.I. chip demand

Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.

C3.ai Stock Is Rising. It Expects to Top Revenue Forecasts.

C3.ai AI shares rose early Monday after the company said it is on track to beat its guidance for its fiscal fourth quarter. It’s a boost for the artificial-intelligence software provider as it aims for profitability.