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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.

    Liberian-flagged tanker carrying six Indian seafarers hit by projectile in Persian Gulf while sailing towards Dubai

    A Liberian-flagged oil tanker carrying six Indian seafarers was hit by a projectile while travelling through the Persian Gulf on Tuesday, leaving four crew members injured, including one Indian national. Union Minister Sarbananda Sonowal said the remaining 18 crew members, including five other Indians, were safe.

    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.

    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.

    Japan bond yields rise as safe-haven demand eases after tech rebound

    Japanese government bond yields rebounded as recovering technology stocks reduced safe-haven demand following last week's sharp selloff. Strong US jobs data and expectations of further Bank of Japan tightening also influenced investor sentiment across the bond market.

    19 Indian seafarers stranded in Yemen safely evacuated, Embassy says

    The Embassy of India to Yemen has evacuated 19 Indian seafarers who were stranded in Hodeidah and Sana'a. All seafarers are reported to be safe and in good health while returning to India. India has lost a total of 23 nationals amid ongoing conflicts in West Asia, including Indian seafarers and others in shipping attacks.

    The Economic Times
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