Changchun invests big in traffic infra

Technicians carry out quality tests on vehicles at Hongqi’s manufacturing base in Changchun, Northeast China’s Jilin province. [Photo/Xinhua] Changchun, Jilin province launched a “vehicle-road-cloud integration” construction project on Tuesday, planning to invest 12.7 billion yuan ($1.75 billion) to build typical demonstration scenarios in its traffic hubs, urban roads, expressways and highways over the next three … Continue reading Changchun invests big in traffic infra

CITIC Group unveils its AI plans

CITIC’s financial service business units will focus on the AI applications in intelligent customer service, wealth management, and intelligent risk control, Wang Guoquan, the group’s vice-president, said on Friday. [Photo provided to chinadaily.com.cn] CITIC Group will strive to come up with over 50 in-depth applications powered by artificial intelligence to nurture specific foundation models for … Continue reading CITIC Group unveils its AI plans

Chinese tech giants slash LLM prices

Alibaba Cloud, the cloud computing unit of Alibaba Group, announces a price reduction of 97 percent on its Qwen-Long large language model. [Photo provided to chinadaily.com.cn] Competition in China’s artificial intelligence-powered large language model sector is intensifying as leading Chinese tech companies have announced drastic price reductions on major LLM products, leading to a growing … Continue reading Chinese tech giants slash LLM prices

Baidu CEO talks AI at 2024 VivaTech

Robin Li, co-founder, chairman and CEO of Baidu Inc shared his thoughts on recent developments in AI at the 2024 VivaTech, Europe’s biggest tech event in Paris, France. [Photo provided to chinadaily.com.cn] The biggest difference between China and some Western countries in terms of artificial intelligence lie in the application, which is driving the rapid … Continue reading Baidu CEO talks AI at 2024 VivaTech

Artificial intelligence firm claims advances in sight

Kai-Fu Lee, founder and CEO of artificial intelligence startup 01.AI and former president of Google China. [Provided to chinadaily.com.cn] Serial technology entrepreneur Kai-Fu Lee said on Monday that the next generation of large models from his artificial intelligence startup 01.AI is expected to challenge the performance of GPT-5 of the US-based, Microsoft-backed Open-AI. Lee also … Continue reading Artificial intelligence firm claims advances in sight