Source: Tencent tells staff that Yao Shunyu, an ex-OpenAI researcher who joined in September, is now its chief AI scientist, reporting to President Martin Lau
Juro Osawa / The Information :
Baidu releases Ernie X1, an AI model that articulates its reasoning similarly to DeepSeek R1, and upgrades its flagship foundation model to Ernie 4.5, both free
And Costs Half As Much: ‘Excellent Multimodal Understanding Ability’ Nisha Gopalan / Yahoo Finance : China's Baidu Takes on DeepSeek With New AI Model Mike Wheatley / SiliconANGLE : Baidu debuts its f...
Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+
Names Alibaba As Only Name That Has Real Liquidity Philip Whiterow / Proactive : Walmart shares tick higher following JD.Com sale Juro Osawa / The Information : Walmart Sells Stake in China's JD.com f...
In preliminary findings, the EU says Apple's anti-steering developer rules breach the DMA; the EU is also probing if Apple's developer fees comply with EU rules
After the news broke yesterday - on a Friday afternoon, no less … Oscar Gonzalez / Gizmodo : Apple Could Be Fined $30 Billion for Violating Competition Laws Livia Giannotti / Tech Monitor : EU finds A...
Sources: TikTok is testing an AI feature that generates a virtual influencer and a script for a video ad based on prompts submitted by advertisers
potentially competing with creators for brand deals in the process. scoop with @jingyanghk and @JuroOsawa: https://www.theinformation.com/ ... Marshall Maher / @marvelle : Now the brands just need to ...
Filings: ByteDance-owned entity Picoheart is now the third-largest shareholder in InnoStar, a Chinese state-backed ReRAM chips maker, with a 9.5% stake
Juro Osawa / The Information :
Sources: some ByteDance executives expressed concerns over running the video editing app CapCut from China given the political scrutiny facing TikTok in the US
Juro Osawa / The Information :
Sources: Baidu Venture is in talks to sell its stakes in US startups, including AI robotics startup Machina Labs, to US buyers, as US-China relations sour
Juro Osawa / The Information :
Sources: ByteDance cancels the Pico 5, an upcoming VR headset from its Pico subsidiary, after Pico 4 sales fell far short of expectations and the VR market sags
Juro Osawa / The Information :
Chinese startup 01.AI, launched in March 2023 by computer scientist Kai-Fu Lee, reaches a $1B+ valuation and releases its AI model Yi-34B in Chinese and English
Train — Use in Transformers … The first public release contains two bilingual … Pandaily : Kai-Fu Lee's 01.AI Releases A Large-scale Model Yi-34B Worth Over $1 Billion Matthias Bastian / The Decoder...