Chinese tech giants are ready to launch yuan stablecoins
Everyone is just talking about stablecoins. This time, this topic was raised by Chinese tech giants. JD.com and Alibaba’s subsidiary Ant Group asked the People’s Bank of China (PBOC) to allow the issuance of stablecoins pegged to the yuan to counter the dominance of US dollar-based assets (estimated at $247 billion).
Xiaomi launches its first AI model MiMo with 7 billion parameters
Chinese smartphone and electric car manufacturer Xiaomi has unveiled the first in-house development of the MiMo artificial intelligence language model.
Alibaba releases artificial intelligence, capable of reading human emotions
The Chinese company Alibaba has introduced a new model artificial intelligence «R1-Omni», which, according to the developers, can recognize human emotions.
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