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China warns of security risks linked to OpenClaw open-source AI agent
China’s industry ministry warned that the popular open-source AI agent OpenClaw may create serious security risks if poorly configured, leaving users vulnerable to hacking and data leaks. Officials said some deployments lacked basic safeguards, urging organisations to review network exposure and strengthen access controls. Use continues to grow despite flaws.
Has Chinese AI sensation DeepSeek lost its mojo to rivals? Delays in R2 launch raise big questions amid fierce rivalry
China’s AI darling DeepSeek, once hailed as a symbol of tech independence, is suddenly facing a reality check. Its bold push to ditch U.S. chips and rely on Huawei’s Ascend processors has backfired, stalling the much-anticipated R2 model and rattling investors. Now, with rivals like Alibaba and Baidu racing ahead, the big question is whether DeepSeek’s early shine is starting to fade.
Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI
The US government has restricted the export of high-end AI chips to China over the past two years, citing the need to limit the Chinese military's capabilities. "AWS complies with all applicable US laws, including trade laws, regarding the provision of AWS services inside and outside of China," a spokesperson for Amazon's cloud business said.
Chinese AI startup 01.AI looks to raise $200 million
01.AI drew recognition in the open-source LLM community in November, when its Yi-34B model became the first Chinese LLM to top the leaderboard of Huggingface, a platform for tech firms to share LLMs, which then get rated for performance and popularity.
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value
The drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value.
Alibaba's Hong Kong shares tumble 10% after cloud unit spin-off shelved
The stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.
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Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO
Alibaba's stock fell over 4% in Hong Kong after ex-CEO Daniel Zhang resigned from the company's cloud computing unit. Concerns have arisen over the spin-off plan for the unit and potential discord at the top. New CEO Eddie Wu will take on the role of acting CEO and chairman of the unit, which is struggling with weak sales growth ahead of its planned IPO next year.
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