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ChatGPT's OpenAI sacks star CEO Sam Altman
ChatGPT's OpenAI sacks star CEO Sam Altman
by  AFP

OpenAI, the company that created ChatGPT a year ago, said Friday it had dismissed CEO Sam Altman as it no longer had confidence in his ability to lead the Microsoft-backed firm. "The board no longer has confidence in his ability to continue leading OpenAI," it added.

US chip curbs trip up China's AI-hungry tech giants
US chip curbs trip up China's AI-hungry tech giants
by  AFP

US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say. It followed gaming giant Tencent's acknowledgement this week that its ability to sell advanced cloud services has been hit by the restrictions, which were introduced by Washington last year to prevent China's access to cutting-edge chips.

Alibaba shares dive more than 7% after cloud service called off
Alibaba shares dive more than 7% after cloud service called off
by  AFP

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war. The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares.

Amazon to sell new cars next year in US, starting with Hyundai
Amazon to sell new cars next year in US, starting with Hyundai
by  AFP

E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year. Amazon made the announcement at the Los Angeles Auto Show in conjunction with Hyundai, the South Korean auto giant that will be the first brand sold on the site.