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.
This is expected to bring cheers among investors. With Chinese shareholding reducing their stake, it will benefit the company in their Foreign Direct Investment (FDI) aspect.
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.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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