A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese artificial-intelligence lab fresh off a $558M Hong Kong listing. Its shares priced at […]
Wealthy investors are using artificial intelligence to research and generate ideas, and then asking a human being whether to act on them. That is the headline finding of new HSBC research published on Wednesday, which surveyed nearly 10,000 affluent and high-net-worth individuals across 10 markets and concluded that, at the moment of decision, the adviser […]
An analysis of 7.3 million job advertisements shows entry-level postings down sharply since the years before generative AI, with the steepest declines in roles the tools can most readily take on. The number of Swiss job advertisements aimed at career starters in 2025 was just under a third lower than the average for the period […]
ByteDance is in preliminary talks with banks about an offshore loan of roughly $20bn, which would be the largest the TikTok owner has ever raised, Bloomberg reported on Wednesday, citing people familiar with the discussions. The company is said to be seeking a facility with a three-year tenor and an option to extend it to […]
At SoftBank Group’s annual shareholders’ meeting in Tokyo on Wednesday, the founder and chief executive was asked, as he is asked at almost every public appearance now, whether the artificial intelligence boom that has driven his fortune to record highs is a bubble waiting to deflate. He treated the question itself as the problem. To […]
ByteDance unveiled Seedance 2.5 on Tuesday at its Volcano Engine FORCE conference in Beijing, a video generation model that produces 30-second clips at native 4K resolution from a single prompt. The company skipped four intermediate versions entirely, jumping straight from its predecessor to signal what it described as a generational leap. An enterprise beta is […]
