Alibaba has taken significant strides in the competitive artificial intelligence (AI) space by unveiling over 100 open-source AI models, collectively referred to as Qwen 2.5. This initiative marks a pivotal moment for the company as it endeavors to fortify its position against formidable domestic competitors like Baidu and Huawei, while also contending with global giants
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In a significant moment for governmental oversight over the tech industry, key executives from major companies like Alphabet, Meta, and Microsoft gathered on Capitol Hill to address concerns related to the potential influence of foreign entities on the upcoming presidential elections. However, a notable absence was felt, as Elon Musk’s platform, X, formerly known as
Apple’s significant mark in the wearable technology sector continues with the recent launch of the Apple Watch Series 10. Set to hit the market this Friday, this latest edition arrives on the heels of nearly a decade of iterative advancements that have solidified the Apple Watch’s position as a leader in the industry. After testing
In a significant development for labor rights within the gig economy, hundreds of Amazon delivery drivers in New York have voted to join the International Brotherhood of Teamsters, as announced on Monday. This action underscores a growing trend of unionization among employees who often work under precarious conditions. The drivers are affiliated with three separate
The world of bitcoin has always been filled with volatility, but recent developments have underscored a significant shift in the mining industry. As bitcoin enthusiasts celebrated a remarkable 12% increase in the cryptocurrency’s value over the past week along with a peak in network hash rate, the climate remains fraught with challenges for miners, revealing
Saudi Arabia is steadily charting its course towards becoming a major hub for artificial intelligence (AI), bolstered by a critical dependence on advanced technology from leading global manufacturers like Nvidia. Abdulrahman Tariq Habib, Deputy CEO of the Saudi Data and AI Authority (SDAIA), expressed optimism about securing access to Nvidia’s high-performance chips, which are instrumental
In the midst of the rapidly evolving tech landscape, Oracle has managed to carve out a solid position for itself, much to the delight of its investors. Following a series of impressive quarterly reports, Oracle’s stock price has been on an upward trajectory, experiencing double-digit gains with each earnings announcement this year. This represents a
In the rapidly evolving landscape of artificial intelligence, Chinese tech giants have been making significant strides in developing their own AI models in the past 18 months. While global attention has predominantly been on big U.S. companies like OpenAI and Google, China’s firms such as Alibaba, Tencent, Baidu, and Huawei have been actively launching their
California Attorney General Rob Bonta recently issued a warning to executives at social media and tech companies to take stronger measures in safeguarding voters from deception, intimidation, and dissuasion. This caution came just ahead of the upcoming November election. Bonta emphasized the critical role that social media platforms and artificial intelligence services play in providing
The U.K. is facing challenges when it comes to commercializing technology businesses on a global scale. According to Warren East, a former CEO of Arm, there is a need for a mindset shift within the investor community in order for the U.K. to succeed internationally. East highlighted that there have been criticisms of lackluster growth
