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China's cyberspace chief raises concerns over the power of generative AI, pledges to make it 'controllable'

China's top internet regulator has expressed concerns over the power of generative artificial intelligence (AI) and its potential for disruption, reflecting Beijing's balancing act in trying to leverage but also control ChatGPT-style technologies. Zhuang Rongwen, director at the Cyberspace Administration of China (CAC), the agency in charge of generative AI regulation, said on Monday that generative AI could affect every aspect of society and daily life, and that it was creating a new challenge ....

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Alibaba founders Jack Ma, Joe Tsai appear in Hangzhou in show of confidence amid corporate reshuffling

Alibaba founders Jack Ma, Joe Tsai appear in Hangzhou in show of confidence amid corporate reshuffling
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Alibaba co-founder Joe Tsai to take over as chairman as Daniel Zhang steps aside to focus on cloud business

Daniel Zhang Yong, the 51-year-old Chinese business executive, has announced his resignation as Alibaba Group Holding chairman and chief executive to focus on Alibaba Cloud, the digital technology and intelligence backbone of the group. Zhang will be succeeded as chairman by Joseph C. Tsai, who is currently executive vice-chairman, and Eddie Wu Yongming, chairman of Taobao & Tmall Group, will become CEO. Zhang will continue on at the company as chairman and CEO of Alibaba Cloud Intelligence Grou ....

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