Amazon Tag

12 Apr Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Posted at 03:20h in Asia

Amazon.com is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among start-ups and big technology companies.The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace...

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05 Apr Opinion | Why world cannot rely on tech giants to solve its problems

Posted at 12:30h in Asia

The Kennedy-era guru on capitalism John Kenneth Galbraith presciently proclaimed in his 1967 book, The New Industrial State, that “the imperatives of technology and organisation, not the images of ideology, are what determine the shape of economic society”.According to the World Inequality Report 2022 stated,...

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28 Mar Amazon invests US$2.75 billion more in OpenAI rival Anthropic to boost generative AI efforts

Posted at 02:52h in Asia

Amazon.com says it is investing an additional US$2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence (AI) start-up and expand a partnership between the companies.The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools...

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26 Mar Apple, Google, Meta targeted in EU’s first Digital Markets Act probes

Posted at 04:01h in Asia

Apple, Alphabet’s Google and Meta Platforms will be investigated for potential breaches of the EU’s new Digital Markets Act (DMA), European antitrust regulators said on Monday, potentially leading to hefty fines for the companies.The European Union law, effective from March 7, aims to challenge the...

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19 Mar Nvidia unveils new AI ‘superchip’ line-up Blackwell, succeeding dominant H100 chip banned from sale to China

Posted at 04:49h in Asia

Nvidia chief executive officer Jensen Huang showed off new chips aimed at extending his company’s dominance of artificial intelligence computing, a position that’s already made it the world’s third-most-valuable business.A new processor design called Blackwell is multiple times faster at handling the models that underpin...

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02 Mar Opinion | Why stock market stars are at odds with real world’s investment needs

Posted at 08:30h in Asia

We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could...

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22 Feb Opinion | Why Magnificent Seven US tech stocks are the bubble that won’t burst

Posted at 11:30h in Asia

It is hard to overstate the importance of this septet. With the exception of Tesla, all the companies figure among the world’s top seven firms by market capitalisation. Moreover, the group’s combined weighting in the S&P 500 is 29 per cent while its share of...

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30 Jan TikTok tests e-commerce feature that identifies objects in videos as it ramps up online shopping ambitions

Posted at 06:38h in Asia

TikTok is testing a feature that could make all posts shoppable, the social media company’s latest move to create a multibillion-dollar US e-commerce business.The new feature uses technology to identify objects in a video automatically. Then it encourages viewers to “find similar items...

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09 Jan Alibaba’s AliExpress, PDD-owned Temu face supply chain challenges in South Korea amid rapid business expansion

Posted at 02:00h in Asia

This article was first published by The Korea Times in a partnership with the South China Morning Post.China’s e-commerce giants are now the fastest-growing online platforms for Korean shoppers, but they are still grappling with problems of long delivery time and unstable product quality,...

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