Wednesday, August 21, 2024

Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed "Little AI Dragons", at $1B+ each (Wall Street Journal)

Wall Street Journal:
Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each  —  Since 2023, 40% of Alibaba's deals in China and 30% of Tencent's have targeted AI startups



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California Gov. Newsom signs Senate Bill 976 to protect minors, banning "addictive feeds", barring social media notifications from 12am to 6am, and more (Taryn Luna/Los Angeles Times)

Taryn Luna / Los Angeles Times : California Gov. Newsom signs Senate Bill 976 to protect minors, banning “addictive feeds”, barring socia...