TECHNOLOGY

Alibaba and other tech giants have enjoyed a revival in recent months, after being hit by a long-running government crackdown

China's Alibaba To Invest $50 Bn In AI, Cloud Computing

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
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Paris' Grand Palais will be the scene for the two-day gathering

Paris Summit Grapples With Real-world Impact Of AI

Artificial intelligence (AI) risks reinforcing gender disparities rather than immediate widespread job destruction, the International Labour Organization chief said Monday as a summit of national leaders and tech bosses opened in Paris.
OpenAI has made Europe a priority in its expansion of physical offices around the world, with sites in Paris, Brussels and Dublin

OpenAI Says To Host Some Customers' Data In Europe

ChatGPT developer OpenAI said Thursday that it would allow some European customers to store and process data from conversations with its chatbots within the European Union, rather than on its infrastructure in the United States or elsewhere.
For the full year 2024, Amazon's net income jumped to $59.2 billion from $30.4 billion in 2023

Big Tech's AI Spending Rattles Markets

E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs.
Google has dropped initiatives aimed at making its workplace demographics better represent its diverse range of users, citing recent US presidential actions and court decisions

Google Halts Workplace Diversity Push

Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.
OpenAI's ChatGPT fronted generative AI's emergence into public consciousness

OpenAI Announces New 'Deep Research' Tool For ChatGPT

US tech giant OpenAI on Monday unveiled a ChatGPT tool called "deep research" that can produce detailed reports, as China's DeepSeek chatbot heats up competition in the artificial intelligence field.
Meta, the parent company of Facebook, Instagram, and WhatsApp saw its net income soar 59 percent to $62.36 billion in 2024

Meta Posts Big Profit, Aims To Take AI Lead

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.
Illustration shows Artificial Intelligence words

DeepSeek AI Surges To The Top Of US App Store, Overtaking ChatGPT

The rapid success of DeepSeek has particularly piqued interest due to two main factors: cost-effectiveness and the ability to operate on lower-capability chips, which contrasts with the high resource demands of many leading AI systems.
Widely viewed as one of the 'godfathers' of AI, Meta's Yann LeCun said Europe was 'afriad of risk'

Meta Guru Urges Europe To Gamble More On AI

Europe should take greater risks and plough more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.
Apple says the claim is 'meritless'

Trial Over Apple App Store 'Surcharge' Opens In UK

Apple was accused Monday of abusing the dominant position of its app store at the start of a court trial in the UK, with plaintiffs seeking GBP1.5 billion pounds ($1.8 billion) in damages.
Prime Minister Keir Starmer hopes investment in AI will spur Britain's economy

PM Vows 'Pro-growth' Rules To Make Britain An 'AI Superpower'

Prime Minister Keir Starmer on Monday laid out his vision to harness the power of artificial intelligence to boost Britain's flagging economy, promising "pro-growth" regulations amid concerns about the technology's unchecked use.

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