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- BusinessTechCrunch
As Alexa turns 10, Amazon looks to generative AI
Amazon loses money on Echo smart speakers. It’s been an open secret for the duration of Alexa’s existence. It’s the product of the kind of loss leader strategy only a company of Amazon’s size can get away with for a decade. Selling hardware at a loss can be an effective strategy, of course. Think about printers and razors, which get corporate feet into the door and make up for the loss with ink cartridges and blades, respectively. From the perspective of saturation, Amazon’s strategy can be view
- BusinessSouth China Morning Post
Byte-sized bandits: AI is levelling-up scammers but also helping Hongkongers fight back
On a quiet Saturday morning in mid-July, Angeline Lian received a WhatsApp message from her landlord about a lease renewal deal that looked too good to refuse: save HK$20,000 if she pays HK$100,000 for the next year up front. The 25-year-old from Shanghai, who has been working in Hong Kong for a year after completing a master's degree, thought this must be common practice in the city. Friends reached out on WeChat, the Chinese messaging platform owned by Tencent Holdings, to ask about weird messages they received from her on WhatsApp.
BusinessSouth China Morning PostAlibaba launches maths-specific AI models said to outperform LLMs from OpenAI, Google
Alibaba Group Holding is aiming to raise the bar in artificial intelligence (AI) development by launching a group of maths-specific large language models (LLMs) called Qwen2-Math, which the e-commerce giant claims can outperform the capabilities of OpenAI's GPT-4o in that field. "Over the past year, we have dedicated significant efforts to researching and enhancing the reasoning capabilities of large language models, with a particular focus on their ability to solve arithmetic and mathematical p