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GenAi

ByteDance’s CapCut, Doubao top global AI app downloads, outpacing ChatGPT: report

by Anas Siddiqui
ByteDance’s CapCut, Doubao top global AI app downloads, outpacing ChatGPT: report

Video-editing app CapCut recorded 38.42 million downloads in July, while chatbot Doubao achieved 27.45 million downloads to outperform OpenAI’s ChatGPT, which had 19.81 million in the same period, according to …

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Hong Kong issues generative AI guidelines to banks to avoid bias against consumers

by Anas Siddiqui
Hong Kong issues generative AI guidelines to banks to avoid bias against consumers

Hong Kong’s de facto central bank is urging financial institutions in the city to follow a new set of guidelines when using generative artificial intelligence (GenAI) in consumer-facing applications, as …

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Chinese Big Tech to see big AI gains in social, educational and office use, report says

by Anas Siddiqui
Chinese Big Tech to see big AI gains in social, educational and office use, report says

Artificial intelligence (AI) adoption is primarily benefiting users in three areas – social and entertainment, education, and office collaboration – according to a new report, highlighting where the country’s technology …

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Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

by Anas Siddiqui
Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

“We have seen the trend that users are more willing to interact with AI, which means virtual characters are an important direction in the entertainment and gaming industry,” Zhang Ji, …

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HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

by Anas Siddiqui
HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details would be announced in due course. Hong Kong Monetary Authority …

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China names and shames agents offering unauthorised access to ChatGPT on the mainland

by Anas Siddiqui
China names and shames agents offering unauthorised access to ChatGPT on the mainland

The Cyberspace Administration of China (CAC) and other local authorities have meted out punishments to several website operators during the first half of this year for offering unauthorised access to …

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France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

by Edgar Davis
France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in …

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China’s AI giants cosy up to virtual companions as loneliness drives chatbot revenue

by Ron Morgan
China’s AI giants cosy up to virtual companions as loneliness drives chatbot revenue

The companies have each built their own answer to established foreign apps like Character.ai and Replika. Last year, Baidu launched Xiaokan Planet and Tencent’s online literature arm China Literature rolled …

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Apple limiting AI to priciest iPhones generates less excitement in China

by Anas Siddiqui
Apple limiting AI to priciest iPhones generates less excitement in China

The US tech giant on Monday unveiled its long-awaited AI blueprint during its annual Worldwide Developers Conference, charting out plans to bake a range of related functions into iPhones, iPads …

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Google Pixel 8, Pixel 8a Get Android AICore Update Ahead of Gemini Nano Rollout: Report

by Maya Ortiz
Google Pixel 8, Pixel 8a Get Android AICore Update Ahead of Gemini Nano Rollout: Report

Google Pixel 8 and Pixel 8a are expected to gain support for on-device generative AI (GenAI) capabilities using Gemini Nano, and the company has reportedly rolled out an update to …

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