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AI startups swap independence for Big Tech's deep pockets
AI startups swap independence for Big Tech's deep pockets
Technology
by  AFP

It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Breaking from typical Silicon Valley legend, generative AI won't be developed out of some founder's garage.

Defying downturn, auction houses bid high on Hong Kong
Defying downturn, auction houses bid high on Hong Kong
Economy
by  AFP

Three of the world's top auction houses are racing to expand in Hong Kong, eager to woo young Asian buyers even as the global art market retreats from pandemic-era highs. Auction houses are now competing for younger buyers and embracing online bidding -- a shift accelerated by the pandemic.