Thursday, September 2, 2021

Following Tencent, Alibaba pledges ~$15.5B over five years towards China's "common prosperity" vision, spreading the money across 10 initiatives (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
Following Tencent, Alibaba pledges ~$15.5B over five years towards China's “common prosperity” vision, spreading the money across 10 initiatives  —  - E-commerce giant to devote 100 billion yuan to societal good  — Alibaba joins tech giants in backing Xi Jinping's key priority



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...