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China embraces DeepSeek for AI education
Feb 22,2025
Chinese universities have launched AI courses based on DeepSeek, a breakthrough AI startup from Hangzhou, which has gained significant attention for its advanced models, DeepSeek-V3 and DeepSeek-R1. These courses are part of a broader effort by Chine...
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Resonac plans to pursue acquisitions after reducing borrowing
Feb 20,2025
Resonac Holdings, a leading chip materials maker in Japan, is positioning itself to make strategic acquisitions after reducing its borrowing, according to CEO Hidehito Takahashi. Speaking to Reuters, Takahashi expressed the company's intention to tak...
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EU delays AI liability directive due to stalled negotiations
Feb 20,2025
The European Commission has removed the AI Liability Directive from its 2025 work program due to stalled negotiations, though lawmakers in the European Parliament's Internal Market and Consumer Protection Committee (IMCO) have voted to continue worki...
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Mira Murati launches AI startup Thinking Machines Lab
Feb 19,2025
Former OpenAI chief technology officer Mira Murati has launched a new AI startup called Thinking Machines Lab, backed by a team of around 30 researchers and engineers from companies such as OpenAI, Meta, and Mistral. The startup aims to create AI sys...
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Tiger Brokers embraces AI with DeepSeek integration
Feb 18,2025
Tiger Brokers has integrated DeepSeek's AI model into its TigerGPT chatbot, marking a significant step in the race to adopt AI in the financial industry. The DeepSeek-R1 model is already being used by over 20 Chinese brokers and fund managers, transf...
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AI push in China planned by Apple
Feb 16,2025
Apple is preparing to introduce its AI features to iPhones in China by mid-year. Efforts include significant software adaptations and collaboration with local partners to meet the country's unique requirements. Teams based in China and the US are act...
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AI revolutionising the wealth management industry
Feb 14,2025
AI is set to revolutionise wealth management by lowering the barriers to entry for new players, according to a Microsoft executive. Martin Moeller, head of AI for financial services at Microsoft, highlighted that AI's ability to process vast amounts ...
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Alibaba secures major AI deal with Apple
Feb 14,2025
Alibaba has announced a new partnership with Apple to support the development of AI services for iPhones in China, a move that aims to help Apple counter declining smartphone sales in its crucial market. The collaboration is seen as a significant win...
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Musk claims Grok 3 outperforms rivals
Feb 13,2025
Elon Musk announced on Thursday that his AI chatbot, Grok 3, is nearing completion and will be released in the next week or two. In a video call at the World Governments Summit in Dubai, Musk stated that Grok 3 exhibits powerful reasoning capabilitie...
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France pushes AI ambitions with nuclear-powered edge
Feb 11,2025
France is positioning itself as a major player in AI, with President Emmanuel Macron highlighting the country's nuclear-powered advantage. Speaking at the AI Action Summit in Paris, he said France generates more electricity than it consumes, making i...
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Canada's Shopify boosts merchant growth with AI-powered e-commerce tools
Feb 11,2025
Merchants in North America are increasingly turning to Shopify for e-commerce operations, drawn by its AI-driven automation tools. Businesses like Klatch Coffee and Daily Harvest have migrated to the platform, benefiting from features that streamline...
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Stellantis expands AI partnership with Mistral
Feb 09,2025
Stellantis, the world's fourth-largest carmaker, has announced an expanded partnership with French AI firm Mistral. The move aims to accelerate the company's ability to analyse industry data, improving decision-making speed. The integration of AI is ...
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