Chinese banks join the space race with satellite launches and rocket backing
Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms…
Alibaba’s Qwen family hits 700 million downloads to lead global open-source AI adoption
According to research published on Friday by consultancy AIBase, citing data from Hugging Face, estimated Qwen downloads as…
Huawei’s HarmonyOS 6 system supports direct file transfers to Apple devices for first time
Huawei Technologies on Wednesday released to consumers in China the latest version of its proprietary operating system, HarmonyOS…
Chinese fintech giant Ant Group releases powerful AI model to rival DeepSeek and OpenAI
Chinese fintech giant Ant Group has released a new open-source, trillion-parameter large language model (LLM) that boasts stronger…
Ant Group’s Alipay and Tencent’s Weixin Pay embrace China’s cross-border payment system
China’s two largest mobile payment services, Ant Group’s Alipay and Tencent Holdings’ Weixin Pay, have adopted a new…