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Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage "hard technology" startups valued below ¥500M, or about $71M (Reuters)

Reuters : Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥...

27 January 2025

Alibaba's Qwen team releases Qwen2.5-VL, a new series of AI models that can control PCs and phones, as well as perform a number of text and image analysis tasks (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Alibaba's Qwen team releases Qwen2.5-VL, a new series of AI models that can control PCs and phones, as well as perform a number of text and image analysis tasks  —  Chinese AI lab DeepSeek might be getting the bulk of the tech industry's attention this week.  But one of its top domestic rivals, Alibaba, isn't sitting idly by.

Posted from: this blog via Microsoft Power Automate.

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