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GMO demands urgent corporate governance changes and further unwinding of cross-shareholdings
...The move is part of Saudi Arabia’s efforts to lead the regional development of AI technology, building large supercomputers and rolling out LLMs, the technology that underpins generative AI systems such...
...The application of the same approach in Hong Kong — a city that hosts the Asia-Pacific headquarters of many global companies — by a broader spectrum of businesses comes as Beijing has increased its control...
...Revenue growth was strongest in the Americas, Deloitte said, at 17.5 per cent in local currency, followed by Europe, the Middle East and Africa at 12.6 per cent, with its Asia-Pacific region lagging....
...Beijing has approved at least 40 LLMs for public use, as regulators accelerate adoption of AI technology while maintaining strict oversight over its application....
Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing’s safety concerns
...The Pura 70 Ultra and Pura 70 Pro run on Huawei’s in-house operating system, HarmonyOS, and are the first Huawei smartphones to incorporate a large language model, the company’s Pangu LLM....
...Moreover, there is some mysterious randomness to LLM models that means they can still produce different forecasts on different occasions even with identical prompts....
And China’s halfhearted stimulus
Prosecutors say man had access to the ‘building blocks’ of company’s cutting-edge technology
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Move could test Beijing’s appetite to let Jack Ma-founded fintech expand after crackdown
...Asia-Pacific deals dropped 28 per cent....
...LLMs underpin generative AI, the technology behind tools such as ChatGPT....
...Although this figure is skewed by markets in Asia-Pacific — notably China where 59 per cent of sales are online — 15 per cent of US retail sales and 27 per cent of UK sales already come from digital transactions...
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The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Hard-driving founder Bhavish Aggarwal defends ‘intense’ company culture that created country’s biggest e-scooter maker
...The system is also designed to be “large language model agnostic”, allowing it to link with as many LLMs as the users might need, not just OpenAI’s GPT-4....
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Vietnamese carmaker seeks to make factory a ‘first-class electric vehicle production hub in the region’
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