China’s ICBC launches  billion technology innovation fund – SUCH TV

China’s ICBC launches $11 billion technology innovation fund – SUCH TV

Industrial and Commercial Bank of China, the world’s biggest commercial lender by assets, announced on Wednesday the launch of an 80 billion yuan ($11.04 billion) technology and innovation fund to support the private economy. The new fund aims to support “hard technology” via equity investment, referring to areas such as semiconductors and advanced manufacturing over…

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Amazon Unveils Alexa+, Powered by Generative A.I.

Amazon Unveils Alexa+, Powered by Generative A.I.

Amazon’s Alexa is undergoing its biggest overhaul since debuting more than a decade ago. On Wednesday, Amazon said it was giving Alexa a new brain powered by generative artificial intelligence. The update, called Alexa+, is set to make the virtual assistant more conversational and helpful in booking concert tickets, coordinating calendars and suggesting food to…

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OpenAI Unveils New A.I. Agent for Research

OpenAI Unveils New A.I. Agent for Research

A week ago, OpenAI released a tool that can go online to shop for groceries or book a restaurant reservation. Now it is offering A.I. technology that can gather information from across the internet and synthesize it in concise reports. OpenAI unveiled the new tool, called Deep Research, with a demonstration on YouTube on Sunday,…

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Mark Zuckerberg Defends Embrace of Trump Administration in Meta Employee Q&A

Mark Zuckerberg Defends Embrace of Trump Administration in Meta Employee Q&A

In a wide-ranging question-and-answer session with Meta employees on Thursday, Mark Zuckerberg, the company’s chief executive, defended recent changes he had made to loosening restrictions on online speech and ending diversity initiatives, and doubled down on embracing President Trump’s new administration. “I want to be clear, after the last several years, we now have an…

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