Amazon.com Inc said on Monday it would cut 9,000 jobs in its cloud services, advertising and Twitch units, the latest Big Tech company to announce a second round of layoffs in the face of a possible recession.
A trade group representing rideshare and delivery companies such as Uber and Lyft is asking President Joe Biden’s nominee to lead the U.S. Department of Labor, Julie Su, to explain her position on worker-classification rules.
Runway, the startup that co-created the popular Stable Diffusion AI image generator, has released an AI model that takes any text description – such as “turtles flying in the sky” – and generates three seconds of matching video footage.
PDD Holdings Inc , which owns discount e-commerce platforms Pinduoduo and Temu, missed expectations on Monday for fourth-quarter revenue as China’s post-reopening consumer recovery remains patchy.
Baidu’s unveiling of its Ernie bot last week thrust the Chinese search engine giant into a race against global tech peers Microsoft and Google who are also building powerful artificial intelligence-driven chatbots and products.
China’s online gaming regulator on Monday granted licences to 27 foreign games in March, including titles to be published by Tencent Holdings , NetEase Inc and Bilibili Inc .
Baidu’s Ernie bot can within seconds generate pictures of flowers and write Tang dynasty-style poems but will decline questions about Chinese President Xi Jinping by saying it has not yet learnt how to answer them, Reuters tests showed.
The Kremlin told officials involved in preparations for Russia’s 2024 presidential election to stop using Apple iPhones because of concerns that the devices are vulnerable to Western intelligence agencies, the Kommersant newspaper reported.
Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years.
