Alibaba’s AI Arm Surges 34% While China Commerce Bounces Back
(Bloomberg) -- Alibaba Group Holding Ltd. posted better-than-projected 34% growth in its pivotal cloud business, highlighting the enormous demand for ...
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Meta appoints insider Vishal Shah to key AI role
(Reuters) -Meta Platforms CEO Mark Zuckerberg has appointed insider Vishal Shah to a key artificial intelligence-linked role, heading product management ...
Read moreDetailsSamsung Rides Global AI Boom to Its Biggest Profit Since 2022
A Samsung Electronics Co. 12-layer HBM3E memory chip. (Bloomberg) -- Samsung Electronics Co. posted its biggest quarterly profit in more ...
Read moreDetailsJack Ma-Backed Ant Touts AI Breakthrough Built on Chinese Chips
(Bloomberg) — Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut ...
Read moreDetailsMeta to spend as much as $65 billion on AI in 2025
Meta (META) is turning up the heat on the AI competition. On Friday, CEO Mark Zuckerberg announced that the company ...
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