Fidelity Funds China increases capital to $218 million
Fidelity China has increased its registered capital to $218 million, with Damien Martin Mooney taking over as chairman. Separately, Alibaba's AI model, Fun-Realtime-TTS-Preview, has achieved a top-ranking position on the Artificial Analysis Speech Arena, securing the fifth spot globally and first place among Chinese models. The model also led in ASR, Chat, and TTS sub-categories. AI
IMPACT Alibaba's AI model demonstrates strong performance in speech tasks, potentially influencing future voice AI development.