Governors for the states of Pennsylvania and Virginia have issued AI executive orders, which are meant to foster a better foundation for the rapidly growing AI sector in their states. The guidelines provided cover a wide range of AI issues,
Chinese tech giant Baidu is setting up a venture capital fund of $145 million or 1 billion yuan to back AI-focused startups. Baidu co-founder and CEO Robin Li announced the launch of the fund at a JP Morgan summit in
Chinese city Zhengzhou has announced a plan to boost the metaverse industry by providing a significant 10 billion yuan ($1.42 billion) fund for local companies’ growth and development. Although the People’s Bank of China banned digital assets in September 2021,
Police in China have arrested a man for publishing a fake train accident story written using ChatGPT. It marks the first time that anyone has been arrested for using the AI chatbot, not only in China where ChatGPT is illegal
Chinese regulators have released draft regulations that will compel generative artificial intelligence – the software systems like the one underpinning ChatGPT – to follow the Chinese Communist Party’s (CCP) strict censorship rules, The New York Times reported on Monday. Generative
ChatGPT continues to generate interest world over with China topping the list in search volumes for the chatbot in the last 90 days. Ironically, ChatGPT is not allowed in China although the market still access it through VPN. Latest data
The stock price of Chinese AI company SenseTime has plunged after surging 11% on Tuesday following the announcement of a series of new AI-powered products. Chinese tech giants Alibaba Group Holdings and Japan’s Softbank Group Corp have both invested in
Baidu Inc. has seen significant increase in its stock this year despite growing skepticism about its ChatGPT-like bot – Ernie Bot. The Chinese search engine firm launched its bot last month, much to the disappointment of the market as it
According to a press statement, Chinese tech giant Baidu has scrapped plans to launch its Ernie chatbot publicly, opting instead for a private showcase for select tech firms. The company launched privately to accommodate the 120,000 companies on its waitlist
Hong Kong-listed shares of Baidu rebounded after plunging by 6.36% on Friday, when its ChatGPT rival, Ernie Bot, failed to impress. Chinese search engine giant’s presentation on Thursday last week was criticized by viewers for not having a live demonstration
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