The departure of AI experts from these Big Tech firms reflects increased investor interest in start-ups that could become the next OpenAI.
The Series B round comes less than a year after xAI’s debut and marks one of the bigger investments in the field.
Hong Kong private equity real estate firm Gaw Capital Partners acquires property in Japan with an eye on the artificial-intelligence boom.
Meituan, Tencent, NetEase and PDD Holdings are potential candidates to sell convertibles, according to UOB Kay Hian analyst Julia Pan.
The English footballer will be featured in AliExpress commercials during the European Football Championship, which kicks off in mid-June.
Lenovo is well placed to compete in the global AI PC market because of its differentiated product offerings for China and the rest of the world, says a top company executive.
Alibaba has emerged as a major backer of Moonshot AI, one of China’s hottest artificial intelligence start-ups, holding a 36 per cent stake in the firm.
The largest US semiconductor equipment maker is being probed by authorities for sending gear to SMIC via South Korea without Washington’s approval.
Online Chinese typing tools built on pinyin input – once thought unsuited – and using the power of predictive text allow phone and computer users to type in Chinese faster than anyone can in English.
In Southeast Asia, Chinese EV builders from established giants like BYD and Great Wall to start-ups such as Hozon are offering discounts in a bid to take on Japanese rivals whose petrol cars dominate the market.
The lay-offs, which were announced internally earlier this week, are expected to affect TikTok’s operations and marketing departments.
Huawei Technologies is joining the booming short drama industry in China by testing a new online miniseries app that is available for certain smartphone users for a five-day trial until Sunday.
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, says it took ‘a proactive step’ to withdraw its application.
The start-up, a rival to ChatGPT creator OpenAI, has been marketed to a range of Silicon Valley investors.
The Chinese tech giant is selling up to US$5 billion worth of convertible bonds, while company leaders set e-commerce and cloud computing as its core businesses in a move ‘towards strategic clarity’.
Huawei’s return to the 5G smartphone market and the controversy over its advanced, made-in-China processor reflect the lengths taken by the company to build up its operations, following years of struggles on account of US trade sanctions.
While China had declared AI strategically important as early as 2018, ChatGPT has shattered illusions about the country’s technological prowess.
More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic.
Tianjin Port is the latest technological showpiece of Huawei Technologies, as the world’s largest provider of phone network equipment reinvents itself after nearly four years of crushing US sanctions.