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EU could target ultra low-cost e-tailers like Shein and Temu with package handling fee or import tax

The European Union is drowning under cheap packages coming from Asian online retailers, starting with ultra low-cost e-tailers AliExpress, Shein, and Temu. The Financial Times has learned that the EU is considering a crackdown on such imported goods due to safety and counterfeiting concerns. The issue is there are currently no custom duties on goods […]

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Alibaba releases an β€˜open’ challenger to OpenAI’s o1 reasoning model

A new so-called β€œreasoning” AI model, QwQ-32B-Preview, has arrived on the scene. It’s one of the few to rival OpenAI’s o1, and it’s the first available to download under a permissive license. Developed by Alibaba’s Qwen team, QwQ-32B-Preview contains 32.5 billion parameters and can consider prompts up ~32,000 words in length; it performs better on […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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