Saturday, December 30, 2023

People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise (Bloomberg)

Bloomberg:
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise  —  The bank now lists Ant's Alipay as a firm without an actual controller.  —  Ma, co-founder of Alibaba Group Holding Ltd. …



How Figma is adding AI into its products, including launching FigJam AI in public beta in November to help improve meetings with summaries, next steps, and more (Ryan McCarthy/Fast Company)

Ryan McCarthy / Fast Company:
How Figma is adding AI into its products, including launching FigJam AI in public beta in November to help improve meetings with summaries, next steps, and more  —  By now, we've all heard the worries about artificial intelligence replacing workers and laying siege to entire industries (if not the world at large).



A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch:
A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience  —  The country has punched above its weight on a global scale for years.  Can it attract the funding and talent, and become inclusive enough, to play at the top?



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...