Alibaba Group Holding Ltd on Tuesday showed off its generative AI model – its version of the tech that powers chatbot sensation ChatGPT – and said it would be integrated into all of the company’s apps in the near future. Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and […]
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Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric […]
The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March though the scale of rises tapered off somewhat as turmoil in the banking sector clouded the outlook for global growth. March saw six interest rate hikes across eight meetings by central banks overseeing the […]
The Internet of Things (IoT) has revolutionized agriculture, enabling smart farming to improve decision-making, increase efficiency, and reduce costs. ________________________ The Internet of Things (IoT) in agriculture is revolutionary and can accomplish various objectives to change how the industry operates. IoT-based smart agriculture aims to improve decision-making across the board for the field, accelerating the […]
Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales growth was modest despite price cuts as rising competition and a bleak economic outlook weighed. Tesla delivered 422,875 vehicles for the first three months of this year, up 4% from the previous quarter. This was 36% higher than a year ago. In January, […]
In 2023, it’s likely that we will witness a massive growth in the number of 5G users, humans and machines. But the increase in bandwidth demand this will bring will put enormous pressure on networks, fuelling the growth of 5G analytics-driven automation and software control. Ciena forecasts the following top trends will dominate network innovation […]
Microsoft-backed OpenAI is no longer the only game in town for software developers looking to capitalize on an expected $90 billion market for artificial intelligence. Motivated by a wariness of relying on a single company, a desire for models tailored to specific tasks and the chance to cut costs, more than a dozen startups and […]
The insurance industry is undergoing a transformative shift driven by the rapid adoption of artificial intelligence (AI) technologies. The integration of AI into insurance processes is revolutionizing traditional methods, leading to more efficient, accurate, and customer-centric services. Traditionally, the insurance sector relied heavily on human expertise, manual underwriting, and time-consuming claims processing. However, the advent […]
Alibaba Group Holding Ltd said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each will explore fundraising or initial public offerings. Alibaba’s U.S.-listed shares rose 7% in pre-market trading. Here are comments from analysts: THOMAS HAYES, CHAIRMAN AT GREAT HILL CAPITAL, NEW YORK “This is the […]
On an April day, the founder of a U.S. startup called Make Sunsets stood outside a camper van in Mexico’s Baja California and released two weather balloons containing sulfur dioxide into the air, letting them float towards the stratosphere. Entrepreneur Luke Iseman said the sulfur dioxide in the balloons would deflect sunlight and cool the […]