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South Korea broke ground on the KOACC AI computing center in Jeollanam-do on August 3, with a 2.5 trillion KRW investment and a 2028 completion target. Samsung SDS leads the consortium with 30% stake, alongside government agencies and NAVER Cloud. The facility will offer cost-effective AI computing globally and support domestic NPU chip development.
South Korea broke ground on the KOACC AI computing center in Jeollanam-do on August 3, with a 2.5 trillion KRW investment and a 2028 completion target. Samsung SDS leads the consortium with 30% stake, alongside government agencies and NAVER Cloud. The facility will offer cost-effective AI computing globally and support domestic NPU chip development.
Alipay's "AI Pay" launches a new feature enabling automated price tracking and purchase on Taobao. Users can instruct the AI shopping assistant to monitor and buy items under a set price, up to 1000 yuan, with a one-time authorization via Alipay. The service aims to simplify shopping by automating deal hunting.
Alipay's "AI Pay" launches a new feature enabling automated price tracking and purchase on Taobao. Users can instruct the AI shopping assistant to monitor and buy items under a set price, up to 1000 yuan, with a one-time authorization via Alipay. The service aims to simplify shopping by automating deal hunting.
AI pioneer Yann LeCun criticizes Anthropic CEO Dario Amodei's prediction that AI will cause mass unemployment, calling it a marketing tactic. LeCun argues technological advances historically create more jobs than they eliminate, citing that 60% of today's jobs didn't exist 80 years ago. He urges the public to rely on economists, not tech executives, for labor market analysis.
AI pioneer Yann LeCun criticizes Anthropic CEO Dario Amodei's prediction that AI will cause mass unemployment, calling it a marketing tactic. LeCun argues technological advances historically create more jobs than they eliminate, citing that 60% of today's jobs didn't exist 80 years ago. He urges the public to rely on economists, not tech executives, for labor market analysis.
ByteDances Volcano Engine to launch Douba 2.0 with Seedance 2.0 video tool for industrial use MiniMAX M2.5 model begins overseas internal testing for agent scenarios Xiaomi open-sources its 4.7B parameter robot VLA model for real-time inference Baidu Qianfan launches AI Coding Plan subscription service integrating models like GLM-4 Zhipu AI releases GLM-5 model with 744B parameters for multi-agent development DeepSeek updates context length to 1M tokens with trillion-parameter V4 model in development Rokid AI glasses now support private model integration for user-defined AI agents
ByteDances Volcano Engine to launch Douba 2.0 with Seedance 2.0 video tool for industrial use MiniMAX M2.5 model begins overseas internal testing for agent scenarios Xiaomi open-sources its 4.7B parameter robot VLA model for real-time inference Baidu Qianfan launches AI Coding Plan subscription service integrating models like GLM-4 Zhipu AI releases GLM-5 model with 744B parameters for multi-agent development DeepSeek updates context length to 1M tokens with trillion-parameter V4 model in development Rokid AI glasses now support private model integration for user-defined AI agents
Anthropic is preparing for a potential IPO as early as 2026 and is working with law firm Wilson Sonsini The company is reportedly seeking a new funding round that could value it over 300 billion dollars following its last round at a 183 billion valuation Rival OpenAI is also reportedly exploring an IPO
Anthropic is preparing for a potential IPO as early as 2026 and is working with law firm Wilson Sonsini The company is reportedly seeking a new funding round that could value it over 300 billion dollars following its last round at a 183 billion valuation Rival OpenAI is also reportedly exploring an IPO
