Beijing and Shenzhen based technology corporations are currently engaged in a significant bidding war to secure top tier AI specialists. ByteDance, the parent company of TikTok, recently expanded its bonus pool by 35% compared to the previous year. This move coincides with a 150% increase in the budget allocated for salary rises as the firm seeks to establish globally competitive compensation levels across all job grades.

Meta has confirmed the acquisition of the artificial intelligence startup Manus as part of its ongoing strategy to enhance its digital offerings across social media platforms. The California based technology company is moving aggressively to strengthen its position in the rapidly evolving market for intelligent agents. According to the Associated Press, Meta chose not to publicly share the specific financial terms of this transaction.

Trip.com has initiated a trial allowing international travellers to pay for prepaid hotel and flight bookings using stablecoins. The Shanghai based online travel agency introduced the ability to use USDT and USDC tokens on its international platform earlier this month. According to the Post, a customer service agent confirmed that the payment option became available for users located in specific geographical regions.

Researchers in China have introduced a new method known as TurboDiffusion which seeks to change the landscape of AI video synthesis by significantly increasing processing speeds. According to a recently published paper, the technique can accelerate the creation of video content by as much as 200 times without any loss in the quality of the final image.

The Chinese government has published a series of draft regulations aimed at tightening the oversight of artificial intelligence services that are designed to simulate human personalities. These proposals specifically target systems that engage users in emotional interaction through various digital mediums. According to SCMP, the country’s cyber regulator released the draft rules for public comment as part of a broader push to manage the rapid deployment of consumer facing tec

China has introduced a comprehensive set of 29 articles designed to stop electronic commerce platforms from forcing merchants to offer specific discounts or using algorithms to set prices based on user data. These regulations were issued jointly by the National Development and Reform Commission, the State Administration for Market Regulation, and the Cyberspace Administration of China. According to SCMP, the new mandate against algorithmic pricing and platform monopoly.

Oracle co founder Larry Ellison has intervened to personally guarantee US40.4 billion in the latest attempt by Paramount Skydance to acquire Warner Bros Discovery. This substantial financial commitment is intended to secure the prized Hollywood assets and prevent them from being sold to the rival streaming company Netflix. According to Reuters, the guarantee was revealed in a recent filing to address the concerns of the Warner Bros board regarding the reliability of the fundi

Educational institutions are currently contending with a significant increase in the number of students using artificial intelligence to transform ordinary photographs of their peers into sexually explicit deepfakes. This trend produces a distressing environment for young victims who must navigate the fallout of manipulated media spreading online. The Associated Press reported that the rise of artificial intelligence has made it easier for anyone to alter or create such image