Chinese startup DeepSeeks’ success has not only put pressure on international rivals but also led to a scramble among domestic competitors to upgrade their own AI models.
Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. However, chatbots in China mostly focus on social interactions.
Beijing wants Jack Ma’s firm to sell some of its media assets, including the South China Morning Post, because of growing concerns about its influence over public opinion in China.
The operations that Ant is looking to fold into the holding company include wealth management services, consumer lending, insurance, payments and MYbank, an online lender.
Once hailed as the standard-bearers of China’s economic and technological ascendancy, Alibaba and its compatriots now face increasing pressure from regulators.
Less than two months after the dramatic cancellation of its blockbuster IPO, Ant executives are left in charge of a company whose own narrative is now unclear.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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