
Reshab Agarwal
Content Writer at Freelance
Senior Executive Content | Product Marketing Analyst | Crypto Enthusiast
Articles
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1 month ago |
techstory.in | Reshab Agarwal
Chinese artificial intelligence startup Zhipu AI has raised over 1 billion yuan ($137 million) in fresh funding. Zhipu AI raises $137 million in a new funding round, strengthening its position in China’s AI sector. This follows a 3 billion yuan investment secured just months earlier. The funding round highlights growing competition in China’s AI sector, especially as firms race to develop advanced large language models.
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1 month ago |
techstory.in | Reshab Agarwal
China’s Honor announces $10 billion investment in AI devices to expand beyond smartphones and enter the AI-powered PC and wearable markets. Chinese smartphone brand Honor will invest $10 billion over five years to enhance AI capabilities in its devices. The company, previously a unit of Huawei, aims to expand beyond smartphones by developing AI-powered PCs, tablets, and wearables. Honor completed a shareholder restructuring in December, bringing it closer to an initial public offering (IPO).
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1 month ago |
techstory.in | Reshab Agarwal
Spending on AI in India is set to grow at a rate 2.2 times faster than overall digital technology investments over the next three years. AI spending in India will grow 2.2x faster than digital tech in 3 yrs, leading to a projected economic impact of over $115 billion by 2027. This expansion is expected to contribute over $115 billion to India’s economy by 2027, according to a report by International Data Corporation (IDC).
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1 month ago |
techstory.in | Reshab Agarwal
Tencent Holdings Ltd. has launched the Hunyuan Turbo S, a new artificial intelligence model designed for rapid response. Tencent fires up AI race with ‘Hunyuan Turbo S’, and it aims to challenge DeepSeek’s dominance in the rapidly evolving artificial intelligence sector. This move is seen as an effort to challenge DeepSeek, a rising AI competitor that has disrupted the global technology landscape.
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1 month ago |
techstory.in | Reshab Agarwal
DeepSeek, a fast-growing Chinese AI company, has disclosed its theoretical profit margin, shedding light on the financial aspects of AI operations. On March 1, the company stated that its online AI services could achieve a 545% profit margin. This figure was calculated based on a 24-hour cost-to-sales analysis of its V3 and R1 models at the end of February. Startups like OpenAI and Anthropic are closely watching as DeepSeek reveals theoretical margin on its AI models is 545%.
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