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17.04.26 - 03:06
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China′s AI firms scaled up on open-source models. The next phase may be different (SCMP)
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In China's hyper-competitive and lucrative tech industry, releasing cutting-edge artificial intelligence models for free may seem counter-intuitive – but it has become a core business strategy.
At the University of Hong Kong last November, Alibaba Group Holding chairman Joe Tsai was asked why the tech giant open-sourced its AI models. Addressing a room full of students, Tsai said he believed open-source AI would bring global benefits by lowering costs, making it a natural fit for talent- and......
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16.04.26 - 10:45
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H Shrs: HSI Closes Up 446 pts; HSTECH Gains Over 3% Led by ALIBABA and BAIDU (AAStocks)
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Mainland China's first-quarter economic growth reached 5%, exceeding expectations, lifting Hong Kong equities driven by technology stocks. The HSI opened up 175 pts and extended gains, once rising 455 pts to an intraday peak of 26,403, before closing up 446 pts or 1.7% at 26,394. The HSCEI gained 186 pts or 2.1% to 8,905, while ......
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