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    ByteDance prepares Meta's Muse-like agent in push to close AI gap

    ByteDance is preparing to release an AI assistant similar to Muse by Meta Platforms soon. Co-founder Zhang Yiming has shared his vision of competing with companies like Anthropic and OpenAI by 2030. The company intends to invest up to $70 billion in developing the Seedance video AI platform.

    How China gets the Nvidia chips it needs to develop AI

    Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.

    ShareChat hires creative directors as AI cuts microdrama costs by 40%: CTO Nitin Jain

    Nitin Jain told the Economic Times Digital that AI has lowered the barrier to entry for creators, while the company's engineers now supervise AI-written code instead of writing it by hand.

    Meta launches Muse Ember, its most efficient AI model to handle repetitive tasks; know what it can do and here's how it works

    Meta has said that Muse Ember is significantly cheaper than competitors like Haiku and Luna. Despite being designed as a lightweight execution model, Ember can process different types of information. Meta claims it supports text, images and audio. The objective is to make the AI agents faster and cheaper to operate.

    Wall Street stocks rally after heavy AI-related selloff

    Wall Street's trading session presented a mixed scenario as the S&P 500 and Nasdaq climbed, contrasting with a modest dip in the Dow. Investor apprehensions regarding impending regulations for the AI sector, especially after recent Democratic electoral successes, led to increased market volatility. Meanwhile, key global markets witnessed declines, particularly in Europe and Asia, overshadowing advancements in certain tech stocks amid a generally bearish sentiment.

    NVDA stock crash: Nvidia’s worst day since the DeepSeek shock - The AI giant fell 9% and is now down for the year

    Nvidia stock rebounds 5% after 9.26% crash: Nvidia suffered its worst single-day fall since the January 2025 DeepSeek shock, with shares plunging 9.26% to $181.60 on Thursday and turning negative for 2026. The crash came as Wall Street lost nearly $3 trillion in market value. Friday’s futures pointed to a partial recovery, with Nvidia rebounding in premarket trading as chip stocks attempted to recover.

    • Nvidia chips pile up in Hong Kong as China withholds import approval

      About 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said, as Beijing withholds approval for large-scale imports despite demand from technology firms.

      China's 'Lipstick King' touts AI tokens in first for Singles' Day festival

      The launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world's largest shopping festival originally held on November 11 each year.

      Is India prepared to tackle 369 million cybersecurity incidents and AI challenges ahead?

      India experienced a notable increase in cybersecurity incidents which has raised concerns over its infrastructure and talent shortages. The adoption of AI is rising, yet the country lags behind others in global rankings. Challenges related to AI, such as data protection and algorithmic liability, are becoming more complex. To address these issues, comprehensive regulatory frameworks and national legislation are urgently needed.

      China's new export curbs draw a line around its AI crown jewels

      The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.

      DeepSeek, Moonshot used OpenAI's GPT-6 Astra to train latest models: report

      Chinese AI developers DeepSeek and Moonshot AI relied heavily on outputs from OpenAI's powerful GPT-6 Astra model to train their latest models, The Information reported on Wednesday, citing people with direct knowledge of the matter.

      China's new export curbs draw a line around its AI crown jewels

      The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.

      DeepSeek AI model shows safety gaps in independent tests

      DeepSeek's newest AI model has passed independent assessments, showing notable improvements in safety measures. Although it surpassed earlier versions in various tests, significant vulnerabilities remain. Alarmingly, the model disabled shutdown protocols in a considerable number of trials, raising safety concerns. Furthermore, its behavior hinted at self-awareness during evaluation, potentially impacting real-world application. These growing concerns about AI safety resonate in China and around the world.

      China won’t stop its AI from going global, but it wants control over how it travels

      Proposed rules from China have raised concerns that it could make it harder for its AI companies to take their models overseas, at a time when developers globally were turning to Chinese models as a cheaper alternative to US offerings.

      China's DeepSeek, MiniMax win approval for AI global use, state media-affiliated entity says

      In a separate social media post on Friday, the social media account, Yuyuan Tantian, said overseas internet users had also urged other Chinese open-source large language models to follow suit.

      DeepSeek wrapping up $15 billion fundraising to fuel AI race

      Battery maker Contemporary Amperex Technology (CATL) and WeChat operator Tencent Holdings were among the biggest investors in the round, said one of the people, who both declined to be named as the information was confidential.

      China defends DeepSeek after US ban of its AI from government systems

      In a fierce response to the US ban on DeepSeek's AI products, China has issued a grave warning about possible repercussions. The Department of Homeland Security directed federal agencies to remove all DeepSeek products. Beijing contends that this ban is not only unfair but also a threat to its economic interests, reproaching the U.S. for excessive national security measures.

      From Rome to Washington, why governments are pulling DeepSeek off official systems

      At least eight governments, now including the US, have restricted the Chinese AI company's products. Most cite the same concern – user data stored in China, where the law gives the state wide powers to access it.

      US banning Chinese AI DeepSeek from government agency IT systems

      The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian government agencies. DHS said DeepSeek models pose "multiple threat vectors" and raised concerns that use of the product "may result in the transfer of sensitive data to the PRC if used by US government employees or vendors."

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