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03.06.26 - 14:00
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From fried chicken to flight plans: Alibaba wants Qwen to become China′s digital fixer (SCMP)
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In its latest bid to dominate China's next-generation digital gateway, Alibaba Group Holding is opening its Qwen AI assistant to major brands, allowing users to order everything from fried chicken to bubble tea through simple conversation.
The company announced on Wednesday that it was opening Qwen's ecosystem to third-party partners' agents.
Fast-food giant KFC, tech-driven coffee chain Luckin Coffee, beverage chain Mixue Group and China Eastern Airlines are among the first companies to test......
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03.06.26 - 11:36
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China′s fund managers face new rules to curb risky investment strategies (SCMP)
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With mutual fund companies having to adhere to investment mandates as part of the regulatory revamp of the 40 trillion yuan (US$5.9 billion) industry, Chinese money managers may find it difficult to improve fund performance.
China Asset Management and E Fund Management, the industry's biggest players, and 10 of their peers recently unveiled separate plans as a response to the new regulatory requirements, pledging to stick to the investment scopes in prospectuses and set better benchmarks for......
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03.06.26 - 11:06
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Trump signs looser AI order amid China competition concerns (SCMP)
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US President Donald Trump signed an executive order on artificial intelligence (AI) oversight after watering down measures due to concerns about hindering competition with China.
AI providers are asked to give the government 30 days to vet new models before their release, down from 90 days in an earlier order that Trump ditched at the last minute two weeks ago. The revised order, signed without fanfare on Tuesday, also creates an “AI cybersecurity clearing house” for companies and the government......
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