Samsung is mounting pressure on Apple in the mobile gaming segment as it partners with companies like Epic and Tencent to bring optimized gaming titles to its Galaxy Flip and Fold. This comes as Samsung is looking at consolidating its
Fintech firm Ant Group is selling its $100 million stake in A&T Capital as the Chinese firm ditches crypto to focus on AI. Apart from the increasing interest in AI from across the globe that might have excited Ant Group,
British television programs Doctor Who and Top Gear are coming to the metaverse. The BBC is working with metaverse development company Reality+ to create a collection of immersive experiences based on the two shows in The Sandbox metaverse. Doctor Who
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
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
Chinese technology giant Tencent Holdings is reportedly culling staff at its extended reality (XR) unit and folding plans for virtual reality (VR) hardware. It joins a host of Big Tech to have cut, or abandoned, spending on the metaverse as
The Chinese version of Google, Baidu, is reportedly planning to incorporate a ChatGPT-like interactive Artificial Intelligence (AI) chatbot into its website by March, Reuters reported on January 30. According to the report, the AI would initially be a standalone application
Chinese innovators are seeking to roll out generative artificial intelligences (AI) such as Stable Diffusion and DALL-E, but there is a range of challenges to overcome. Some of the challenges, including bias and accuracy, are the same as those anywhere
The video games regulator in China has given a nod for release of 44 foreign video games as the country’s tough stance on the gaming industry starts to thaw. Since August 2021, China has been rigid on the gaming industry. The
China’s Tencent Holdings publicly announced the launch of a “extended reality” (XR) subsidiary to its employees on Monday, formally putting its bets on the metaverse notion of virtual worlds. The unit is in charge of growing Tencent’s extended reality business,
Chinese tech giants are racing to build the metaverse, and technology conglomerate Tencent Holdings Ltd. may be best positioned to take an early lead in the country, analysts say. The metaverse is a virtual environment in which individuals may interact
In China, the best company to benefit from the metaverse is clearly Tencent. Over 1.26 billion people in China use Tencent’s WeChat application, while Meta’s Facebook and Instagram platforms dominate worldwide social media. Tencent also outperforms Meta in terms of mobile
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