China Regulators Finalize First-of-its-kind Rules to Govern Generative AI Services

Chinese regulators finalized first-of-its-kind rules to govern generative artificial intelligence as it looks to speed up oversight of the speedily growing AI technology. The powerful Cyberspace Administration of China (CAC) expressed that it worked with many other regulators to come up with its new rules that will be effective from August 15. Generative AI is…

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Alibaba Releases AI Tool to Create Images from Input Prompts

Chinese technology firm Alibaba launched an artificial intelligence tool, Tongyi Wanxiang. This tool can generate images from input prompts. Tongyi Wanxiang allows users to enter prompts in Chinese and English language and the AI tool will create an image in different styles like a sketch or 3D cartoon. Alibaba’s cloud division launched the product and said…

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AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space and the significance of being in the talks, alongside competitors Microsoft and Google. AWS CEO Adam Selipsky…

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