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☆ Jack Black reveals his all-time favorite costar
▼ + stars: | 2024-03-05 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Jack Black had some kind words to say about one of his former castmates. The “Kung-Fu Panda 4” star told “Entertainment Tonight” that one actress immediately came to mind when he was asked who his favorite costar has been. She was my favorite co-star I’ve ever had because when you look in her eyes, she was like really present. I feel like if you look into my eyes, you just see a shadow of a robot,” Black said. “Kung-Fu Panda 4” hits theaters on March 8.

Persons: Jack Black, “ Kate Winslet, I’ve, ” Black, Matt Winkelmeyer, Henry Nicholls, ”, Iris, Cameron Diaz, Black’s, Miles, endearingly, “, Po, that’s, “ Kung Organizations: CNN, “ Entertainment Locations: Los Angeles

China passed revisions to an already stringent state secrets law, broadening the scope of the type of information that would be considered a national security risk in the world’s second-largest economy. Over the last year, China has targeted consultants and business executives in espionage cases as part of a push to limit the spread of information sought by investors and foreign companies. The amendments to the state secrets law, which were passed by China’s top legislative body on Tuesday and go into effect in May, include a new legal concept called “work secrets.” It is defined as information that is not an official state secret, but “will cause certain adverse effects if leaked,” according to the law’s text. “The law is vague and the definition of state secret so broad that it could include anything that the party-state decides it should,” said Diana Choyleva, chief economist at Enodo Economics, a London-based research firm focused on China. “It will also further complicate life for foreign firms and their employees based in China.”

Persons: ”, Diana Choyleva Organizations: Enodo Locations: China, London

In November, a year after ChatGPT’s release, a relatively unknown Chinese start-up leaped to the top of a leaderboard that judged the abilities of open-source artificial intelligence systems. system as an alternative to options like Meta’s generative A.I. Mr. Lee’s start-up then built on Meta’s technology, training its system with new data to make it more powerful. Even as the country races to build generative A.I., Chinese companies are relying almost entirely on underlying systems from the United States. China now lags the United States in generative A.I.

Persons: Kai, Fu Lee, Lee, Lee’s Locations: China, United States

☆ ‘Shawshank’ in China, as You’ve Never Seen It Before
▼ + stars: | 2024-02-16 | by ( Vivian Wang | Claire Fu | ) www.nytimes.com time to read: 1 min

When a stage production of “The Shawshank Redemption” opened recently in China, it was cast entirely with Western actors speaking fluent Mandarin Chinese. But that may have been the least surprising part of the show. Chinese audiences’ interest in Hollywood films is fading, with moviegoers turning to homegrown productions. China’s authoritarian government has stoked nationalism and cast Western influence as a political pollutant. Censorship of the arts has tightened.

Persons: ”, Stephen King, — Locations: China

☆ Why Singapore is quickly becoming the choice location for firms to support global carbon markets
▼ + stars: | 2024-02-15 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Carbon credits continue to play an important role in the global transition towards net zero. As an innovative financing mechanism, carbon credits allow corporates to mobilize capital to support emission-reduction projects. The decision to anchor CAD Trust in Singapore stems from acknowledging that transparency and governance are rooted in its DNA. Why Singapore is a prime location for firms to support global carbon marketsSingapore has successfully attracted more than 100 carbon market and services players to establish the city-state as their home base in Southeast Asia. Singapore's expertise in carbon services and its trailblazing move implementing Southeast Asia's first carbon tax in 2019, also appealed to Calyx Global.

Persons: — Dinesh Babu, Grace Fu, Duncan van Bergen, Van Bergen, — Duncan van Bergen Organizations: Reuters, Singapore, for Nature, National University of Singapore, Data Trust, Government of, Emissions Trading Association, Singapore's, Sustainability, Meta, Trust, Insider Studios, Singapore Economic Development Board Locations: Dubai, Singapore, Government of Singapore, South Asia, Southeast Asia, Oceania, Africa, Paris, Bhutan, COP28, Asia

☆ Mads Mikkelsen on His Movie & TV Roles: 'Hannibal,' 'the Promised Land' & 'Indiana Jones'
▼ + stars: | 2024-02-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

On his ever-growing collection of billion-dollar franchise roles, and playing with dinosaurs nextMikkelsen as Kaecilius in "Doctor Strange." Did you have that issue at all while filming "Doctor Strange"? We did have that in "Doctor Strange," to a degree. And that there's a very good reason for that because "Doctor Strange" is born from a psychedelic graphic novel, which was very different from the other ones. The most fun must've been "Doctor Strange" because I got to do two things I love: doing magic and flying Kung Fu.

Persons: who's, Mads Mikkelsen, Ludvig Kahlen, Mikkelsen, Nikolaj, he's, " Mikkelsen, Melina Hagberg, Mus, James Bond, Indiana Jones, Hannibal Lecter, he'd, Daniel Craig, Harrison Ford Mikkelsen, Voller, Daniel, Sean Connery, Sean, it's Bond, Harrison Ford, let's, I'm, geez, I've, He's, Hannibal, Bryan Fuller —, Brooke Palmer, Bryan Fuller, Bryan, It's, we're, Le Chiffre, Strange, Kaecilius, Robert Downey Jr, Mark Ruffalo, You've, Harry Potter, Kung, Rihanna, doesn't, Thomas Vinterberg's, they're Organizations: Business, LucasFilm, Le, Nazi, NBC, Marvel, Star Wars Locations: Nazi, Harrison, Hannibal, Rihanna's

☆ Missing Chinese Banker Resigns After Investigation
▼ + stars: | 2024-02-02 | by ( Claire Fu | More About Claire Fu | ) www.nytimes.com time to read: +1 min

After disappearing nearly a year ago as part of an investigation by Chinese authorities, prominent investment banker Bao Fan has resigned as chairman and chief executive of China Renaissance Holdings, the company said on Friday. Mr. Bao, a deal-making banker for Chinese internet giants Alibaba and Tencent, went missing last February. China Renaissance initially said it had lost contact with Mr. Bao before later stating that he was cooperating with an investigation being carried out by the authorities in China. It fueled concerns about the lengths that Chinese authorities would go to bring power players in the domestic economy to heel, while extending its control over its financial regulatory system. In a filing on the Hong Kong Stock Exchange, China Renaissance said Mr. Bao was stepping down because of “health reasons and to spend more time on his family affairs.” The company did not explain the nature of the investigation Mr. Bao was under.

Persons: Bao Fan, Bao Organizations: China Renaissance Holdings, China Renaissance, Hong Kong Stock Exchange Locations: Tencent, China

☆ China’s Real Estate Crisis ‘Has Not Touched Bottom’
▼ + stars: | 2024-01-30 | by ( Daisuke Wakabayashi | Claire Fu | ) www.nytimes.com time to read: +1 min

The unwavering belief of Chinese home buyers that real estate was a can’t-lose investment propelled the country’s property sector to become the backbone of its economy. But over the last two years, as firms crumbled under the weight of massive debts and sales of new homes plunged, Chinese consumers have demonstrated an equally unshakable belief: Real estate has become a losing investment. The troubles of the country’s real estate sector were laid bare on Monday when a Hong Kong court ordered China Evergrande to wind up operations and liquidate the company, which is saddled with over $300 billion in debt. Like the industry it once ruled, Evergrande limped along for two years after defaulting on payments it owed investors. Evergrande, lacking the cash to pay creditors, tried to exude confidence that its apartments remained a sound investment.

Persons: Evergrande Locations: Hong Kong, China

Before the sequel to “Aquaman” was released in China last month, Warner Bros. did everything it could to sustain the original movie’s success. The Hollywood studio blanketed Douyin, the Chinese version of TikTok, with movie clips, behind-the-scenes footage and a video of an Aquaman ice sculpture at a winter festival in Harbin, a city in China’s northeast. It sent the franchise’s star, Jason Momoa, and director, James Wan, on a publicity tour in China — the type of barnstorming that had disappeared since the Covid pandemic. Mr. Momoa said China’s fondness for the first “Aquaman” was why the sequel was debuting in China two days before the U.S. release. “I’m very proud that China loved it, so that’s why we brought it to you, and you guys are going to see it before the whole world,” he said in an interview with CCTV 6, China’s state-run film channel.

Persons: ”, Douyin, Jason Momoa, James Wan, Momoa, “ Organizations: Warner Bros Locations: China, Harbin, China’s, U.S

☆ Don't worry — the machines won't be as smart as humans for a long time, because they've still got a lot to learn
▼ + stars: | 2024-01-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Much of today's most popular AI models, such as OpenAI's GPT-4, are trained on what's publicly available on the internet. It's worth noting that AI models exist today that are pretty effective at generating images, but these are text-to-image models, like Midjourney and Stable Diffusion. Koller also sees issues with today's LLMs. This isn't the first time doubts have been raised about the capacity of today's AI models. Steve Jennings/Getty Images for TechCrunchThis is not to say today's LLMs are useless.

Persons: —, OpenAI's ChatGPT, Bill Gates, Daphne Koller, MacArthur, Koller, Neilson Barnard, chatbots, Yann LeCun, –, today's LLMs, LLMs, that's, Kai, Fu Lee, Steve Jennings Organizations: Economic, Service, Big Tech titans, Google, Microsoft, Getty, Meta Locations: Davos, Switzerland, today's, silico

☆ 3 Amazon sellers who got started with less than $5,000 share the strategies they used to scale from zero sales to six-figures
▼ + stars: | 2024-01-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

If you're looking for an extra income stream, selling products online is one option. Courtesy of Sahaj DhingraDuring the summer between his sophomore and junior years of college, Sahaj Dhingra did $100,000 worth of Amazon sales in three and a half months. One strategy he implemented about a month after launching helped him scale quickly: He started listing products before buying the inventory. Shan Shan Fu used Etsy as a testing ground for what would sell best on AmazonShan Shan Fu, founder of Millennials In Motion. Courtesy of Shan Shan FuShan Shan Fu sold enough socks and tights on Amazon that she felt comfortable leaving corporate America to work for herself.

Persons: Sahaj Dhingra, Jatin Naran, Jatin Naran Jatin Naran, Naran, Fu, Shan, Shan Fu Organizations: Business, Costco, Amazon, Google, Millennials Locations: College, Dhingra, London, America

☆ From ‘Barbenheimer’ to Taylor Swift, here are the most important films of 2023 and why they worked
▼ + stars: | 2023-12-27 | by ( Sarah Whitten | ) www.cnbc.com time to read: +10 min

Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office. Together, those three films contributed more than $1.5 billion to the domestic box office, according to data from Comscore. But in the meantime, here's a look at some of the most important theatrical releases of 2023 — and why they worked. Meanwhile, Disney has seen its animated content lag at the box office in the wake of the pandemic. "His Only Son," a biblical drama released in early 2023, cost $250,000 to make and generated $12.4 million at the box office.

Persons: Barbie, Oppenheimer, Hannah Beier, Mario, Comscore, Greta Gerwig, Christopher Nolan's, J, Robert Oppenheimer, Chris Pratt, Charlie, Luigi, Disney, Kung, Taylor Swift, Michael Jackson's, Buda Mendes, tas23, Swift, Beyoncé, Tim Ballard, Jim Caviezel, Covid, Blumhouse, Cabrini, Saint Francesca Cabrini, Bonhoeffer, Dietrich Bonhoeffer Organizations: Washington Post, Getty, Warner Bros, Mario Bros, Universal, Disney, Pixar, Walt Disney Animation, Swift, AMC, National Football League, Angel Studios, Century Fox, Roman Catholic, Reich Locations: Somerdale , New Jersey, There's, New York, Universal, Hollywood, Colombia

☆ A financial freedom expert explains why you should have an 'FU fund' in addition to an emergency fund — and how it helped her quit her job before 40
▼ + stars: | 2023-12-21 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

When Jamila Souffrant found out she was pregnant with her third kid, she was working a full-time corporate job while building her financial freedom blog and brand. To set herself up to walk away from corporate America, Souffrant started ramping up her "FU fund," which she describes as "an emergency savings fund on crack." Souffrant set out to save enough where they could cover one year's worth of expenses between Woody's salary and her FU fund. AdvertisementFor about a year, Souffrant decreased her contributions to her retirement savings and investment account to beef up her FU fund, which she kept in a high-yield savings account. Souffrant encourages anyone who is pursuing financial independence to build an FU fund.

Persons: Jamila Souffrant, Souffrant, ramping, Woody, wouldn't, she's Organizations: Service, Business Locations: America

☆ A Chinese blogger went viral for lamenting the solitary lives of men in his nation: '50 years old and eliminated by society'
▼ + stars: | 2023-12-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A Chinese blogger has gone viral for asking if his male relative is "eliminated by society" at 50. No one comes to hang out with him, to eat or drink," the Shanghai blogger wrote. If you have money, it's better to have a good meal with your family," the blogger wrote of his relative's mindset. The man also doesn't take vacations, is uninterested in shopping and isn't bothered about getting promoted at work, BubblePisces wrote. BubblePisces wrote.

Persons: —, BubblePisces, it's, Zhang Fei, Yichuan Yuebai Organizations: Service, Weibo, Twitter, Business Locations: Shanghai, Hubei, Beijing

☆ Artificial Intelligence Needs Open-Source Models to Reach Its Potential
▼ + stars: | 2023-11-30 | by ( Kai-Fu Lee | ) www.wsj.com time to read: 1 min

Photo: Getty Images/iStockphotoJohannes Gutenberg ’s printing press revolutionized life in the 15th century, making it possible for ideas to travel around the world at previously unimaginable speeds and creating huge gains for mankind. Gutenberg tried to keep his technique a secret, but a disgruntled former investor, Johann Fust , soon replicated his device. Fust launched his own press and poached Gutenberg’s top techie, Peter Schoeffer . Imagine if the printing press had been kept secret and controlled by one company, or confined within one nation. It’s an imperfect analogy, but it offers a useful way to frame the current debate around artificial intelligence.

Persons: Johannes Gutenberg ’, Gutenberg, Johann Fust, Fust, Peter Schoeffer

☆ Stream These 16 Movies Before They Leave Netflix in December
▼ + stars: | 2023-11-29 | by ( Jason Bailey | ) www.nytimes.com time to read: +5 min

‘Gladiator’ (Dec. 31)Stream it here. ‘Kung Fu Panda’ (Dec. 31)Stream it here. ‘Mission: Impossible’ 1- 4 (Dec. 31)Stream them here, here, here and here. ‘Role Models’ (Dec. 31)Stream it here. The raw edge yet soft heart of this wildly funny bad-boy comedy from 2008, and the presence of the frequent leading man Paul Rudd, might lead you to assume it’s the work of Judd Apatow.

Persons: ’, Russell Crowe, Ridley Scott’s, Crowe, Maximus, Commodus, Joaquin Phoenix, Scott, Napoleon, ”, Steven Spielberg, Roy Scheider’s, Brody, Kung, Jack Black, Jackie Chan, David Cross, Dustin Hoffman, James Hong, Angelina Jolie, Randall Duk Kim, Lucy Liu, Ian McShane, Seth Rogen, Christopher McQuarrie, Tom Cruise, John Woo, Brian De Palma’s, Brad Bird, Paul Rudd, Judd Apatow, David Wain, Kerri Kenney, Silver, Joe Lo Truglio, Ken Marino, Rudd, Seann William Scott, J, Thompson, Christopher Mintz Organizations: Netflix Locations: Italy, Phoenix

If that's your plan, we'll show you how to watch Macy's Thanksgiving Day parade live stream below. How to watch Macy's Thanksgiving Day ParadeNBC is broadcasting the 2023 Macy's Thanksgiving Day parade nationally. How to watch Macy's Thanksgiving Day Parade from anywhereIf you're not in the United States, you won't be able to access Peacock without a bit of trickery. How to watch Macy's Thanksgiving Day Parade with a VPNSign up for a VPN if you don't have one. Watch the Macy's Thanksgiving Day Parade.

Persons: Pillsbury, Luffy, Leo, Kung Fu, We'll, Cher, Brandi, WWE's Rhea Ripley, Dominik Mysterio, they've, ExpressVPN, you'll, Insider's Organizations: Sesame, NBC, Disney Plus Locations: New York City, United States, Hulu

In Shenzhen, a metropolis born of China’s economic prosperity, Paibang Village is a reminder of the city’s modest past and the challenges ahead for reviving the country’s property sector. Paibang is what China calls an urban village, a labyrinth of low-slung apartment buildings and mom-and-pop storefronts connected by a maze of alleyways and narrow roads. There are hundreds of them in Shenzhen, a municipality of 18 million people next to Hong Kong, and thousands of such villages across China. Now with China mired in an unyielding property crisis, policymakers want to revamp aging urban neighborhoods like Paibang to kick-start construction and spur local economies. Seven years ago, Paibang was chosen for an “urban renewal” by city officials, and in 2019 China Evergrande, one of the country’s biggest real estate firms, took control of the project.

Persons: Paibang, Evergrande Locations: Shenzhen, China, Hong Kong

☆ Tencent says it stockpiled Nvidia AI chips but seeks Chinese replacements
▼ + stars: | 2023-11-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Tencent rushed to build up “one of the largest inventories of AI chips in China” before US export restrictions took hold, an executive said Wednesday. It is one of the chipmaker’s advanced AI chips designed for use in data centers, the physical facilities used to store troves of electronic information. In late October, Nvidia disclosed that the just-announced restrictions had come into effect “immediately,” weeks earlier than scheduled. “Going forward, we will have to figure out ways to make … the usage of our AI chips more efficient,” namely by working to retain most of the company’s high-performance chips for training the model, he added. The bot was developed specifically for corporate users, allowing them to catch up on meetings by viewing automated summaries or put together documents more efficiently, Lau told analysts.

Persons: Hong Kong CNN — Tencent, Martin Lau, ”, ” Lau, Tencent, “, Biden, Kai, Fu Lee, Lau Organizations: Hong Kong CNN, Nvidia, Bloomberg, Sinovation Ventures, Huawei, Center for Strategic, International Studies, Semiconductor Manufacturing International Corporation Locations: China, Hong Kong, China ”, United States, Beijing, Washington, Shenzhen

Globally, as many as 128,000 fishers face threats of violence, debt bondage, excessive overtime and other conditions indicative of forced labor, according to the U.N.'s International Labor Organization. U.S. and European companies are under increasing pressure to clean up supply chains in labor-intensive industries where worker abuse is widespread. But ZheJiang Hairong in a statement last year to the state-owned Fujian Daily claimed ownership of only five of the 10 vessels that would later appear on the Financial Transparency Coalition's list. Pingtan last year was sanctioned by the Biden administration over allegations of illegal fishing and labor abuse. The Financial Transparency Coalition scoured government reports, media accounts and complaints by advocacy groups to come up with a list of 475 individual vessels suspected of forced labor since 2010.

Persons: Joe Biden's, Beth Lowell, Pingtan, Biden, Fu Ting, Wanqing Chen Organizations: MIAMI, Financial, Coalition, D.C, Walton Family Foundation, AP, Associated Press, International Labor Organization . U.S, Force, Group, Seven, Atmospheric Administration, Ocean Fisheries Co, Pingtan Marine Enterprises, China National Fisheries Corp, Fujian Daily, New York Stock Exchange, Washington , D.C Locations: Washington, China, Russia, Spain, Thailand, Taiwan, South Korea, Myanmar, Cambodia, Laos, United States, U.S, Oceana, Panama, Belize, ZheJiang, Fujian, Washington ,, Beijing, Investigative@ap.org

☆ An Amazon seller who brings in up to $53,000 in monthly revenue says 20% of her products do 80% of the sales. She shares her biggest product flops and what she's learned from the failures.
▼ + stars: | 2023-11-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

E-commerce business owner Shan Shan Fu makes a living selling products on Amazon . In October 2023, she did $53,000 in sales, which Insider verified by looking at screenshots of her Amazon dashboard. When I launched the pickleball product, it was instantly a super low ROAS, under 1.0." Fu estimates that of the 30 or so new products she launches per year, 20% of them do 80% of the sales. But she skipped this step with the pickleball product, she said: "I kind of just got delusional and I thought, 'People like pickleball.

Persons: Shan Shan Fu, Fu, they're, She'll, Fu doesn't, there's Locations: ROAS

Lending data from China's central bank offers a glimpse of government priorities: as of the end of September, outstanding loans to the troubled property sector fell 0.2% year-on-year but lending to the manufacturing sector jumped 38.2%. This time, the government's focus is narrower, targeting high-tech and "advanced manufacturing", a goal laid out in 2021 in the 14th five-year plan. It grew 11.3% in the first nine months of 2023 year-on-year, compared with 6.3% for overall manufacturing investment, according to data from China's National Bureau of Statistics. For example, Guangdong province has increased lending to both high-tech and advanced manufacturing by about 45%, state media reported. During the first half of 2023, outstanding loans to the high-tech manufacturing sector in the eastern province of Shandong jumped 67%.

Persons: Jens Eskelund, Eskelund, Xi Jinping, Joe Biden, Frederic Neumann, Neumann, Tao Wang, Wang, Fu, Lu Zhengwei, Siyi Liu, Kripa Jayaram, Robert Birsel Organizations: Rights, European Chamber of Commerce, Asia Pacific Economic Cooperation, U.S, Reuters Graphics, overcapacity, HSBC, UBS, China's National Bureau of Statistics, Rystad Energy, EV, China Passenger Car Association, Bank, Industrial Bank, Thomson Locations: Suqian, Jiangsu province, China, CHINA, Rights BEIJING, Europe, Beijing, San Francisco, Xi, Asia, Guangdong province, Shandong, Dongguan, Shanghai

As developing countries weigh the consequences of borrowing heavily from China for major infrastructure projects, anti-corruption officials in Nepal have begun an investigation into a flagship airport financed and built by Chinese state-owned companies. Nepal’s $216 million international airport in Pokhara, the country’s second-biggest city, opened in January. China agreed to provide loans to build the airport more than a decade ago. Nepal tapped China CAMC Engineering, the construction arm of a state-owned conglomerate, Sinomach, as the contractor. Nepali officials have asked Beijing to change the loans into a grant to ease the financial burden, but China has not agreed to do so.

Persons: CAMC Organizations: China CAMC Engineering, New York Times, Civil Aviation Authority Locations: China, Nepal, Pokhara, Beijing

☆ Hong Kong finance summit tiptoes around China
▼ + stars: | 2023-11-09 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +7 min

HONG KONG, Nov 9 (Reuters Breakingviews) - Hong Kong in November enjoys a pleasant climate that some local managers dub “chairman weather”. Hong Kong is hardly a hot destination for financiers right now. Companies raised just $2.7 billion from initial public offerings in Hong Kong in the quarter, a fraction of previous years. Hong Kong officials including John Lee, the territory’s chief executive, have been sanctioned by the U.S.. Follow @peter_tl on XCONTEXT NEWSThe Global Financial Leaders’ Summit was held in Hong Kong from Nov. 6 to Nov. 8.

Persons: Marc Rowan, Colm Kelleher, Morgan Stanley, Goldman Sachs, David Solomon, Jane Fraser, Ken Griffin, Hong, John Lee, Eddie Yue, Kung, Zhang Qingsong, Bob Prince, Mark Wiedman, Apollo’s Rowan, UBS’s Kelleher, Joseph Yam, Una Galani, Thomas Shum Organizations: Reuters, Apollo Global Management, UBS, Monetary Fund, Companies, Citigroup, Citadel, Hong Kong Monetary Authority, Hong Kong’s HK, Exchange, People’s Bank of China, Bridgewater Associates, BlackRock, Goldman, Bank for International, Global, ’, Thomson Locations: HONG KONG, Hong Kong, Europe, U.S, China . Hong Kong, China, People’s Republic, Hong, British, Singapore, BLK.N, ”

☆ It's never been this easy to build a $1 billion AI company
▼ + stars: | 2023-11-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

You don't have to be Sam Altman to build a $1 billion AI company. Kai-Fu Lee's new startup and Mistral AI have shown that AI companies can scale by going open source. AdvertisementAdvertisementThe opportunity to build a $1 billion AI business has never seemed this straightforward for entrepreneurs aspiring to be the next Sam Altman. In response, Lee credited Hugging Face as the reason his company was able to take its AI mode public "rapidly, credibly, and impactfully." Developers wanting to build AI businesses at scale will want open source to thrive.

Persons: Sam Altman, Kai, Fu, OpenAI's, —, he's, Fu Lee, It's, Lee, Abu, Yann LeCun Organizations: Mistral, Service, Microsoft, Bloomberg Locations: Paris, OpenAI

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