Greater China
To date, Alibaba has charged developers for use of its models when hosted on its own cloud computing platform.
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Singapore banks ride Asia's wealth boom to weather rates headwind
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Meat packer JBS to form JV with Danantara unit
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Japan's top pension fund posts record gain amid push for more flexible investment
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China's Guotai Haitong proposes to take offshore unit private in $3.6b deal
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Alibaba plans to charge big users for next open-source AI model
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KV Asia said to be weighing exit from Indo personal care firm
Indosat launches AI infra venture with Ooredoo, NVIDIA and Nokia
AI startup Acrab raises $130m in Vertex-backed Series B funding
ADIA eyes Canadian pension’s $1.5b sale of China fund stakes
GIC explores sale of private fund portfolio worth $1b in secondaries market
Experts raise concerns over the cybersecurity risks posed by advanced AI systems.
The model would be more than three times the size of Moonshot AI’s Kimi K3.
In contrast, several high-profile primary buyouts have continued to progress.
The method uses the outputs of a powerful AI system to train or improve a smaller model.
India
The state’s top court asked the government to defend against allegations levelled by activist group.
Its IPO opens on Aug. 10 and closes on Aug. 12.
Indonesia
The distribution marks the first confirmed return of capital from the wind-down of the unicorn.
Singapore
Grab’s gross loan portfolio nearly tripled to $2.32b after consolidating Superbank.
Rest of Asia
SoftBank is moving to harness data from Japan’s industrial and retail sectors.