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FILE – Women wearing masks to pass by the headquarters of ByteDance. (AP Photo/Ng Han Guan, File) Some American senators seem very upset with artificial intelligence (AI) app of China’s ByteDance. In a letter, Senators Marsha Blackburn and Peter Welch have called for a halt to the new version of ByteDance’s AI app, Seedance. The…
ChatGPT maker OpenAI’s valuation has surged to $500 billion after employees and former staff cashed out $6.6 billion worth of shares in a secondary sale, a source familiar with the deal told Reuters. With this valuation, the AI giant has left behind SpaceX and ByteDance.The transaction lifts the artificial intelligence company’s value from $300 billion…
China’s internet watchdog has moved against two major platforms, Bytedance owned news app Jinri Toutiao and Alibaba’s internet browser company UCWeb, accusing them of spreading harmful material. The move was announced on Tuesday, a day after Beijing launched a two-month campaign to tighten control over online content.The Cyberspace Administration of China (CAC) said on Monday…
