TECH NEWS

Chinese banks and carriers have turned AI tokens into rewards, monthly plans and collateral

Chinese banks, telecom carriers and a Guangzhou district have started packaging AI tokens as credit card rewards, monthly plans and a basis for business lending. Research across 25 European languages finds tokeniser fertility ranges from 1.23 tokens per word in English to about 3.1 in Greek and Maltese.

Banks, telecom carriers and a district government in China have begun selling AI tokens as consumer products. Moonshot’s Kimi and Agricultural Bank of China have launched what Kimi’s own campaign page calls an AI-native credit card.

It is available only in mainland China, with gift campaigns running to 30 September. First-time applicants who spend 5,888 yuan within three months get a co-branded plush charm and two months of premium membership, limited to 1,000 people.

Moonshot is the company TNW last reported chasing a $50bn valuation ahead of a Hong Kong listing.

China Telecom started trial token packages on 17 May, sold in...

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Our planet has a time problem – and it may be about to get weirder

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Voice remains a preferred channel: Why businesses should seize the opportunity

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Sources: at the September 24 US-China talks, the US is expected to discuss preventing AI-directed cyberattacks, and China will likely revisit US export controls

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Today’s NYT Connections: Sports Edition Hints and Answers for Sept. 7, #714

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Our planet has a time problem – and it may be about to get weirder

Voice remains a preferred channel: Why businesses should seize the opportunity

Sources: at the September 24 US-China talks, the US is expected to discuss preventing AI-directed cyberattacks, and China will likely revisit US export controls

Today’s NYT Connections: Sports Edition Hints and Answers for Sept. 7, #714