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China AI startup MiniMax raising over $250 million from Tencent-backed entity, others - sources

BEIJING/HONG KONG: Chinese start-up MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million that will value it at about US$1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz ....

Wang Xiaochuan , Yan Junjie , Charlie Chai , Kai Fu Lee , Wang Huiwen , Lightyear Technology , Kingsoft Cloud Group , Microsoft Backed Open , Beijing Lightyear Technology , Baichuan Intelligence , Yunqi Partners , Future Capital , Zcloud Group , Artificial Intelligence ,

Nvidia CEO Jensen Huang to visit China amidst growing geopolitical tensions, meeting tech executives and gaming giants

Nvidia CEO Jensen Huang reportedly plans to visit China in June to meet with tech executives from Tencent and ByteDance, defying US-China tensions. ....

United States , New York , Tim Cook , Jensen Huang , Santa Clara , Elon Musk , Bytedance Ltd , Tencent Holdings Ltd , Apple Inc , The Ceo Of Nvidia ,

Tencent (OTC:TCTZF) Shares Down 3.6%

Tencent Holdings Limited (OTC:TCTZF – Get Rating)’s stock price was down 3.6% during trading on Tuesday . The stock traded as low as $39.47 and last traded at $39.65. Approximately 71,619 shares traded hands during mid-day trading, an increase of 335% from the average daily volume of 16,482 shares. The stock had previously closed at […] ....

Tencent Company Profile , Tencent Holdings Limited , Business Services , Tencent Holdings , Get Rating , Holdings Limited , Mainland China , Online Advertising , Tencent Daily , Otc Tctzf , Computer And Technology ,

BioWare experimented with AI-powered story and dialog, but it ended in disaster

Dragon Age writer David Gaider says that BioWare had experimented with procedurally-generated dialog and quest/story beats, but the results felt soulless. ....

Andrew Wilson , Laura Miele , Strauss Zelnick , David Gaider , Dragon Age , Operating Officer Laura Miele , Take Two Interactive , Electronic Arts ,

AIA, Tencent, Xiaomi – some of Hong Kong's top listed firms – boost share buy-backs as bear market sets in

At least 26 companies disclosed buy-backs totalling HK$667 million (US$85.2 million) on Tuesday, according to data compiled by Securities Times. AIA has been the most active this year, acquiring shares worth HK$12.5 billion. ....

Hong Kong , Hang Seng Index , Hong Kong Stock Market ,