ByteDance profit plunges on AI push as TikTok Shop powers overseas growth: reports
ByteDance, the parent company of TikTok and Douyin, saw its net profit plummet by more than 70 per…
As AI race with US intensifies, China’s Alibaba launches 10,000-card computing cluster
China is ramping up efforts in the AI race, as tech giants Alibaba Group Holding and Huawei Technologies…
Alibaba debuts its latest RISC-V-based chip amid shift to AI agents
Alibaba Group Holding’s research arm Damo Academy has unveiled a chip designed to fuel artificial intelligence agents, as…
What is ‘tokenomics’ and how would China gain the edge in artificial intelligence era?
“Tokens are the new commodity,” said Nvidia CEO Jensen Huang, clad in his iconic leather jacket, at the…
In China’s vision for a ‘powerhouse’ stock market, it’s slow and steady over boom and bust
China’s high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of…
Jack Ma, Alibaba executives meet teachers to discuss how education should adapt in AI era
Chinese billionaire Jack Ma and the core leadership of Alibaba Group Holding and Ant Group spent over an…
Hong Kong’s strategy for HKIC to prop up city’s office market seen as challenging
Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’…
Moore Threads’ flagship AI chip compatible with Alibaba models in tech self-reliance push
Beijing-based Moore Threads, founded by former Nvidia executive James Zhang Jianzhong, on Thursday said the firm’s flagship AI…
AI apps soar in China as Lunar New Year giveaway battle boosts user growth
Chinese tech giants claimed a victory after a promotional giveaway campaign for their artificial intelligence services during the…
China’s tech giants pursue AI, semiconductor talent in US as competition intensifies
The overseas hiring spree underscores these “big tech” firms’ growing ambitions to build up their skilled workforce in…
Beijing warns tech giants to curb ‘involution’ amid AI giveaway war
China’s top market regulator has summoned the country’s leading tech companies to demand an end to “involutionary” competition,…
Alibaba’s Qwen-3 becomes world’s first AI model to operate in orbit
Alibaba Cloud’s Qwen-3 became the world’s first general-purpose artificial intelligence model to be uploaded and operated in orbit,…