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China's AI Leader iFlytek Projects $65M Loss Amid Heavy Investments And Rising US Pressure
Monday, July 8, 2024 - 9:35am | 475Read More...iFlytek, a prominent artificial intelligence (AI) technology firm in China, predicts a loss of nearly $65 million for the first half of 2024 due to heavy investments amid mounting pressure from the United States. What Happened: iFlytek released an earnings preview over the weekend, indicating a net...
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China Revvs Up LLM Game As Tencent, iFlytek Slash ChatGPT-Like AI Model Prices
Wednesday, May 22, 2024 - 10:41am | 492Read More...China’s leading internet company Tencent (OTC:TCEHY) and AI firm iFlytek have significantly reduced the prices of their large-language models (LLMs). What Happened: Tencent’s cloud unit announced that the “lite” version of its LLM, “Hunyuan,” is now free, with...
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JD.com To Enter Smarthome Technology Market
Wednesday, March 4, 2015 - 1:33pm | 168Read More...JD.Com Inc (ADR) (NASDAQ: JD) will enter the smarthome market, according to a report on ShanghaiDaily.com. The company announced on Wednesday a planned investment of $10.74 million for development of smarthome technology. iFLYTEK, a China-based voice technology company, and JD executed an...
