China

China scores diplomatic win following AI resolution passage at UN
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14 July, 2024

China scores diplomatic win following AI resolution passage at UN

The AI resolution, supported by over 140 nations, seeks to leverage the technology to create equal opportunities worldwide and speed...
Ant Group’s blockchain units increased registered capital to $500M
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12 July, 2024

Ant Group’s blockchain units increased registered capital to $500M

The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for...
China strikes deal with Kazakhstan on cross-border CBDC
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11 July, 2024

China strikes deal with Kazakhstan on cross-border CBDC

With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
China’s Li Qiang rallies for equality in AI innovation to ensure safe usage
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10 July, 2024

China’s Li Qiang rallies for equality in AI innovation to ensure safe usage

Moving uniformly will be critical in bridging the "intelligence gap" between developed and developing nations in terms of tech innovation...
China planned 50 new AI standards by 2026 to cover LLM training, safety, and industrial applications
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8 July, 2024

China planned 50 new AI standards by 2026 to cover LLM training, safety, and industrial applications

Chinese authorities plan to launch 50 new AI standards to encourage standardization across the ecosystem, targeting a tentative launch date...
Alibaba’s open-source LLM ranks high in Hugging Face’s top 10 AI models
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6 July, 2024

Alibaba’s open-source LLM ranks high in Hugging Face’s top 10 AI models

Alibaba’s Qwen-72B-Instruct LLM came in first place on Hugging Face's ranking with 43.02 score after rigorous testing across multiple benchmarks.
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