China

China’s SenseTime Shares Jump on Planned New AI Products Event

China’s SenseTime on Tuesday announced plans for a technology discussion day, boosting shares in the artificial intelligence (AI) firm. It promised to showcase its latest products as well as “cutting-edge advancements in artificial intelligence technology” in an invitation sent to analysts and seen by Reuters. Shares in the company, which has been sanctioned by the […]

U.S Says It Cannot Confirm China Collected Real-Time Data From Spy Balloon

 U.S. President Joe Biden’s administration said on Monday it could not confirm reports that China was able to collect real-time data from a spy balloon as it flew over sensitive military sites earlier this year, saying analysis was still ongoing. NBC News on Monday reported that the Chinese balloon was able to transmit data back […]

Capsized Credit Suisse Faces Shareholder Fury

Credit Suisse is expected to face shareholder anger at what will be its final annual general meeting on Tuesday after the bank was rescued last month by rival UBS. The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely […]

Italy’s ChatGPT Ban Attracts EU Privacy Regulators

Italy’s move to temporarily ban ChatGPT has inspired other European countries to study if harsher measures are needed to rein in the wildly popular chatbots and whether to coordinate such actions. While European parliamentarians disagree over the content and reach of the EU AI Act, some regulators are finding that existing tools, such as the […]

Tech Startups: Boosting US DoD Innovation or Fueling Global Tensions? 

The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]

EU Car Data Access Rules in Progress but No Timeline

The European Commission is working on rules to ensure fair access to valuable car data for companies and industry but does not know when they will be ready, a spokesperson said on Monday as industry groups fret about unfair competition from U.S. and Chinese tech companies. The huge potential of the connected car market, which […]

China dissatisfied with Japan's chip export restrictions -spokesperson

China was strongly dissatisfied with Japan’s export restrictions on chip manufacturing equipment, Chinese foreign ministry spokesperson Mao Ning said on Monday. China hoped Japan would act on its statements of cooperation with China and take an objective stance, Mao told reporters at a regular briefing. Japan said on Friday it would restrict exports of 23 […]

Hard Questions’’Completely Blown’VW Pledges Commitment to Electric Mobility in China, Urges Extension of Tax Breaks

 A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts for electric vehicles in China to 17,000 by 2025, as it planned […]

Italy curbs ChatGPT, starts probe over privacy concerns

OpenAI has taken ChatGPT offline in Italy after the government’s Data Protection Authority on Friday temporarily banned the chatbot and launched a probe over the artificial intelligence application’s suspected breach of privacy rules. The agency, also known as Garante, accused Microsoft-backed OpenAI of failing to check the age of ChatGPT’s users who are supposed to […]

The Perfect Synergy between ChatGPT and Human Employees 

The integration of AI in the workplace has increased dramatically, and ChatGPT is a tool that has been gaining popularity for various reasons.  —–   In recent years, the integration of Artificial Intelligence (AI) in the workplace has increased dramatically, with more and more companies utilizing it to optimize their productivity. One such AI tool that […]