Alibaba Group Holding Ltd. has introduced a cutting-edge artificial intelligence model, aiming to secure a leading position in the competitive AI market. The model, developed by Alibaba’s Tongyi Lab, is designed to interpret human emotions through video analysis, while also providing insights into clothing and surroundings. This innovation represents an enhanced version of the lab’s earlier HumanOmni model. In addition to offering this model as an open-source tool...

The Netherlands, alongside eight other European Union countries, has initiated a collaboration to bolster the continent’s semiconductor industry. The coalition, termed the “Semicon Coalition,” includes Belgium, Germany, Finland, France, Italy, Austria, Poland, and Spain. This announcement was made during a meeting in Brussels, marking a significant step toward enhancing Europe’s role in chip production. Semiconductors, commonly known as chips, are increasingly indispensable in modern technology, powering devices ranging...

Oracle Corporation recently announced its fiscal third-quarter financial results, revealing a mixed performance for the period. The company reported a 6% increase in sales, reaching $14.1 billion, though this fell short of analysts’ expectations of $14.4 billion. Additionally, revenue from Oracle’s cloud infrastructure also missed projections. Following the announcement, Oracle’s stock experienced a decline, dropping as much as 7.5% after the markets opened. This marked its lowest level...

Meta Platforms Inc., known for its ownership of Facebook, Instagram, and WhatsApp, is heavily investing in artificial intelligence (AI) infrastructure. The company has projected its 2025 expenses to fall between $114 billion and $119 billion, allocating up to $65 billion for AI-related developments, including custom chip production. As part of its Meta Training and Inference Accelerator (MTIA) series, Meta has developed a new AI training chip in collaboration...

Apple Inc. is encountering significant challenges within its AI division, leading to delays in updating the Siri digital assistant. Originally planned for the iOS 18.4 update in April, the new features that where introduced last June, which include Siri’s ability to use personal information for queries and enhanced app control—are now expected to be released “sometime in the coming year.” Apple has been struggling to develop these features,...