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US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia - China Economy News
Economy

US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia

The agreement between the two regulators comes after the FTC in January ordered OpenAI Microsoft Alphabet Amazon and Anthropic to provide information on recent investments and partnerships...
OpenAI unveils new AI model as competition heats up - China Tech News
Tech

OpenAI unveils new AI model as competition heats up

OpenAI made the announcements a day before Alphabet is scheduled to hold its annual Google developers conference where it is expected to show off its own new AI related features.
Bottled water tycoon tops list of the richest Chinese - China Economy News
Economy

Bottled water tycoon tops list of the richest Chinese

AI has deeply impacted the global rich ranking for the first time with more than half of the new wealth coming from the booming industry and cloud related entrepreneurs such as Meta Amazon Googles parent company Alphabet...
Apple abandons electric car plans - China Tech News
Tech

Apple abandons electric car plans

Several US automakers have hit the brakes on EVs in recent months as demand has slowed. Self driving carmakers Cruise and Waymo which is owned by Google parent Alphabet have also...
Chinese companies excel in this year's Fortune Global 500 - China Economy News
Economy

Chinese companies excel in this year's Fortune Global 500

Three technology companies namely Apple Microsoft and Alphabet are on the top five most profitable list and the most profitable Chinese companies are Industrial Commercial Bank...
Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit - World News
World

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit

US District Judge Jed Rakoff said earlier this month the territory may serve legal papers on Larry Page although his ruling did not specify the information sought from the co founder of Google which is owned by Alphabet...
Alibaba unveils an AI model similar to GPT - China Tech News
Tech

Alibaba unveils an AI model similar to GPT

Others include Alphabet Incs Google and Baidu Inc have since promoted their AI models and released similar chatbots.
Microsoft unveils AI office copilot in fast-moving race with Google - China Tech News
Tech

Microsoft unveils AI office copilot in fast-moving race with Google

At the center are Microsoft and Google owner Alphabet Inc which on Tuesday touted AI features for Gmail and a magic wand to draft prose in its own word processor.
IBM to cut 3,900 jobs as it reorganizes business - China Company News
Company

IBM to cut 3,900 jobs as it reorganizes business

Amazon Meta Microsoft and Googles parent company Alphabet have all recently laid out plans to reduce workforces after hiring heavily during the pandemic to meet increased demand...
Spotify to cut 6% of its global workforce - China Company News
Company

Spotify to cut 6% of its global workforce

Last week Microsoft announced that it was laying off 10 000 people and Googles parent company Alphabet said it would cut 12 000 jobs.
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