Xiaohongshu joins wave of Chinese firms releasing open-source AI models

Xiaohongshu joins wave of Chinese firms releasing open-source AI models

[BEIJING] Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language model, joining a wave of Chinese tech firms making their artificial intelligence models freely available. The approach contrasts with many US tech giants like OpenAI and Google, which have kept their most advanced models…

Read More

Shein and Reliance reportedly aim to sell India-made clothes abroad within a year

Shein and Reliance reportedly aim to sell India-made clothes abroad within a year

[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter. The China-founded, Singapore-headquartered e-commerce firm has been discussing plans with the Indian retailer since before the US imposed…

Read More

MoneyHero expands into digital assets in partnership with OSL

MoneyHero expands into digital assets in partnership with OSL

This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions [Hong Kong] MoneyHero Limited, a leading personal finance aggregation and comparison platform across Greater Southeast Asia announced a strategic collaboration with OSL Group, Asia’s foremost regulated digital asset platform today (Jun 9). This partnership signifies MoneyHero’s entry…

Read More