Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Amazon.com is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among start-ups and big technology companies. The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO …

Read more

China’s top science discoveries reveal research momentum, challenges in funding and innovation

China’s top science discoveries reveal research momentum, challenges in funding and innovation

Topping the latest table of achievements was an artificial intelligence model from tech giant Huawei that can forecast the weather – including temperature, humidity and wind speed – more accurately than traditional predictions based on computing power. The model, named Pangu-Weather, was trained on decades of observation data and is able to predict the weather …

Read more

China’s ‘two sessions’ 2024: economic planning chief focuses on artificial intelligence ahead of key political gathering

China’s ‘two sessions’ 2024: economic planning chief focuses on artificial intelligence ahead of key political gathering

The head of China’s economic planning body made a tour of artificial intelligence firms and research institutes in the run-up to the annual meeting of the national legislature and top political advisory body, where technological development is expected to be high on the agenda. Zheng Shanjie, chairman of the National Development and Reform Commission, “encouraged …

Read more

Tech war: Huawei’s AI chip capabilities under intense scrutiny after market leader Nvidia taps it as potential rival

Tech war: Huawei’s AI chip capabilities under intense scrutiny after market leader Nvidia taps it as potential rival

The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the US Commerce Department. The chip can compete with Nvidia’s A100 in terms of powering AI algorithms, according to Dylan Patel, chief analyst at San Francisco-based …

Read more

Alibaba Unveils Big Cloud Price Cuts as AI Rivalry Deepens

Alibaba Unveils Big Cloud Price Cuts as AI Rivalry Deepens

(Bloomberg) — Alibaba Group Holding Ltd. is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals like Tencent Holdings Ltd. competing to provide the tools critical to training artificial intelligence. Most Read from Bloomberg The Chinese internet pioneer will slash prices starting Thursday on scores …

Read more

Baidu’s Revenue Climbs after AI Helps it Weather China Downturn

Baidu’s Revenue Climbs after AI Helps it Weather China Downturn

(Bloomberg) — Baidu Inc.’s revenue rose 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn. Most Read from Bloomberg The company reported sales of nearly 35 billion yuan ($4.9 billion) for the three months ended December, broadly in line with analysts’ projections. Net income …

Read more

Alibaba and Baidu Cash Out on Quantum Computing Stakes

Alibaba and Baidu Cash Out on Quantum Computing Stakes

Chinese tech giants Alibaba and Baidu have pulled out of the quantum computing race after shutting down their research units just over a month apart from each other. But experts say it would be premature to read this any marked cooling of China’s overall interest in quantum computing. Last November, the e-commerce and cloud computing …

Read more

China’s Nvidia Contender Cambricon Tech Struggles To Push Chinese-Made AI Chips as It Marks 7th Consecutive Year of Losses – China Money Network

China’s Nvidia Contender Cambricon Tech Struggles To Push Chinese-Made AI Chips as It Marks 7th Consecutive Year of Losses – China Money Network

Cambricon Technologies, a company ambitiously striving to become China’s Nvidia and once hailed as the pioneer of artificial intelligence (AI) chip development in the country, is anticipating a net loss ranging from 756 million to 924 million yuan for 2023. This marks the seventh consecutive year of losses for the company. After undergoing multiple rounds …

Read more