Page 9 - Latest Updates on Artificial intelligence
South Korea's AI-heavy market now sets the tone for global stocks
Fund managers worldwide are increasingly tracking South Korean equities as swings in Samsung Electronics and SK Hynix shape sentiment across global AI and semiconductor stocks
 "South Korea's AI-heavy market now sets the tone for global stocks")
DeepSeek seeks fresh funding at $74 bn valuation ahead of onshore IPO
Chinese AI startup DeepSeek is reportedly planning to raise up to 50 billion yuan in a fresh funding round at a valuation of about 500 billion yuan, ahead of a potential mainland stock market listing
 "DeepSeek seeks fresh funding at $74 bn valuation ahead of onshore IPO")
Chinese tech firms join global race to reinvent smartphones for AI era
China's ZTE unveiled NaviX Ultra, which it calls the world's first agentic AI smartphone, highlighting an intensifying race among Chinese tech firms to redefine smartphones with built-in AI sevices
 "Chinese tech firms join global race to reinvent smartphones for AI era")
US considers creating Finra-like watchdog to vet advanced AI models
The proposed regulator, modelled on the Financial Industry Regulatory Authority, would review AI safety with industry participation as the Trump admin considers a more structured oversight framework
 "US considers creating Finra-like watchdog to vet advanced AI models")
GCCs struggle to go beyond cost arbitrage in AI era, shows data
India's GCC sector faces a structural reset as AI and automation expose centres focused on routine work, forcing companies to shift towards innovation and strategic ownership
 "GCCs struggle to go beyond cost arbitrage in AI era, shows data")
Insurers deepen AI adoption to improve underwriting, customer service
Life and general insurers are expanding AI deployment across underwriting, claims, fraud detection and customer service to improve efficiency, productivity and turnaround times
 "Insurers deepen AI adoption to improve underwriting, customer service")
Apple narrows gap with Nvidia in race for world's most valuable firm
Apple briefly overtakes Nvidia in intraday trade as investors broaden their focus beyond AI chipmakers, narrowing the gap in the race for the world's top valuation
 "Apple narrows gap with Nvidia in race for world's most valuable firm")
Xi pitches China as leader of a new global artificial intelligence order
Xi Jinping uses China's premier AI conference to promote open-source technology, strengthen ties with the Global South and position Beijing as an alternative to US-led AI governance
 "Xi pitches China as leader of a new global artificial intelligence order")
China's Moonshot launches world's largest open AI model, nears US rivals
The Chinese startup said its 2.8 trillion-parameter open-weight model delivers performance approaching Anthropic's frontier systems while supporting a 1 million-token context window
 "China's Moonshot launches world's largest open AI model, nears US rivals")
AI will not diminish role of IT services: Tech Mahindra's Anand Mahindra
The Tech Mahindra chairman said AI will transform rather than replace IT services and called for India to build sovereign AI capabilities through trusted innovation
 "AI will not diminish role of IT services: Tech Mahindra's Anand Mahindra")
Cars24 says AI is becoming its operating system as usage surges across biz
SoftBank-backed auto-tech firm processed more than 1.1 trillion AI tokens in the June quarter as AI expanded across engineering, customer support, inspections and lending
 "Cars24 says AI is becoming its operating system as usage surges across biz")
AI should be a global 'symphony', not 'solo performance': Xi Jinping
Chinese President Xi Jinping urged global cooperation on artificial intelligence at the World AI Conference and announced AI research, training and cooperation initiatives for developing countries
Apple Intelligence AI service cleared for use on iPhones in China
China's cyberspace regulator has approved Apple Intelligence for use on iPhones, with AI capabilities set to be powered by Alibaba's Qwen and Baidu's models for users in the country
 "Apple Intelligence AI service cleared for use on iPhones in China")
Mira Murati's startup Thinking Machines launches an open-weight AI model
Named Inkling, the open-weight model allows developers to download, run and customise its underlying systems; the 975-bn-parameter model is the first general-purpose AI release from Thinking Machines
 "Mira Murati's startup Thinking Machines launches an open-weight AI model")
AI memory explained: How smarter digital assistants reshape privacy debate
AI assistants are beginning to remember users' conversations, preferences and digital context. Here's how AI memory works, why companies are adopting it, and what it means for privacy
 "AI memory explained: How smarter digital assistants reshape privacy debate")
AI tools emerge as mainstream search option for users in India: Survey
More than half of Indian users now rely on AI assistants and chatbots for information, with many using them alongside traditional search methods, a YouGov survey has found
 "AI tools emerge as mainstream search option for users in India: Survey")
DeepMind's Hassabis calls for global standards body for frontier AI
Google DeepMind chief Demis Hassabis says AGI could arrive within years and proposes a US-led Frontier AI Standards Body as the basis for an international framework to govern advanced AI models
 "DeepMind's Hassabis calls for global standards body for frontier AI")
Open Vision Engineering raises $11 million from Accel, Y Combinator
The AI hardware company will use the funding to expand its design and engineering teams, develop new device formats and strengthen the Pocket product platform
Apple sues OpenAI over 'trade secrets': What the dispute is about
Apple claims OpenAI targeted engineers working on Apple's hardware programmes and encouraged them to share confidential information after they joined the AI company
 "Apple sues OpenAI over 'trade secrets': What the dispute is about")
What was Meta's Muse AI, the feature pulled days after its launch?
Meta's Muse AI let users generate images using public Instagram profiles. Days after launch, the company withdrew the feature following criticism over consent, privacy and impersonation risks
 "What was Meta's Muse AI, the feature pulled days after its launch?")