China’s Biren seeks US$900m to fund GPU push and challenge Nvidia amid AI boom
Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of…
Just what the doctor ordered: how AI could help China bridge the medical resources gap
Li Bin, a doctor at the First Hospital of Lanzhou University, was among the wave of Chinese consumers…
AI agent ‘lobster fever’ grips China despite risks
Chinese entrepreneur Frank Gao used to spend long hours running his social media accounts, but now outsources the…
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, Baidu’s IPO plans for AI chip design units heighten China’s self-reliance drive
The two Chinese internet peers’ initiatives reflected the strong investor appetite for AI chip firms and growing demand…
Fighting back: Beijing builds its own ‘small yard, high fence’ to shut out US tech
“Small yard, high fence” was how Jake Sullivan, national security adviser under President Joe Biden, described US tech…
Baidu (BIDU) Gains Catalyst Watch at Citi as AI Strategy Accelerates
Baidu, Inc. (NASDAQ:BIDU) ranks among the best AI stocks to buy according to analysts. On December 15, Citi…
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
Jan 2 (Reuters) – Chinese internet search giant Baidu said on Friday its AI chip unit Kunlunxin has…
China’s big layoff wave now buffeting its tech sector
China’s long‑running wave of corporate layoffs is spreading from manufacturing and property to the technology sector, with some…
China narrows AI gap with US 3 years after initial ChatGPT shock
Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on…