U.S. Treasury Secretary Scott Bessent said in an interview with CNBC that the U.S. and China will discuss “AI guardrails” during President Donald Trump’s state visit to China this week.…
Alibaba Group CEO Eddie Wu said Wednesday that the company expects its annualized revenue from AI model and application services to surpass 10 billion yuan ($1.47 billion) in the current quarter through June, and top 30 billion yuan ($4.4 billion) by the…
Chinese social media giant Kuaishou Technology said in a regulatory filing on Tuesday that the company’s board of directors is assessing a restructuring of its Kling AI video business that may involve raising outside capital for the unit, confirming an…
Meta Platforms is preparing for a possible unwinding of its $2 billion acquisition of AI agent application Manus, after Chinese regulators ordered that the parties involved in the deal revoke the transaction, The Wall Street Journal reported.…
DeepSeek on Friday launched V4, its highly anticipated new series of open-source AI models with enhanced reasoning and coding capabilities, after inital delays.…
