UK start-up Barocal wins US$1 million TERA-Award for green energy innovation
UK-based start-up Barocal, which specialises in energy storage and conversion, won the US$1 million top prize at this year’s TERA-Award, created by Hong Kong tycoon Peter Lee Ka-kit. Lee is on a mission to discover unicorns in green energy development and innovation through his platform, aiming to tackle one of the world’s most pressing challenges: climate change. Now in its fourth year, the TERA-Award, established by Lee’s family office, Full Vision Capital, received a record 785 submissions. In the previous three years, TERA-Award received around 1,000 applications in total, according
From TikTok to Huawei, Chinese tech giants flock to Arab tech hub Dubai
Chinese tech giants from ByteDance and Huawei Technologies to Alibaba Group Holding are playing an
Exclusive | Global financial system must rewrite its rules for the tokenised future, says BIS adviser
The worldwide financial system needs to rewrite its rules for a future of tokens, as
China’s Guangxi province launches ‘AI super league’ to nurture Asean-facing start-ups
The competition, titled “AI for All”, will run through September and features 17 tracks, including
China’s top market regulator summons Alibaba, Meituan, JD.com over delivery price war
China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms
How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley
July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence
Chinese AI agent firms lag US, but seek to close gap amid OpenAI’s latest push
China’s AI agents currently lag behind the US in commercialisation but adoption is speeding up,
Nvidia CEO meets China’s commerce minister to discuss AI cooperation, foreign investment
Chinese Commerce Minister Wang Wentao met Nvidia CEO Jensen Huang on Thursday to discuss artificial
China’s WeRide launches Southeast Asia’s first fully driverless bus service in Singapore
WeRide, a leading mainland Chinese self-driving technology developer, has launched Southeast Asia’s first fully driverless
Hong Kong’s virtual insurer Bowtie Life raises US$70 million in Series C funding round
Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million
AI for science, drug discovery to have ‘greatest impact’, says Nvidia’s Huang
The use of artificial intelligence for science would have an even bigger impact than its
Meituan executive bemoans ‘irrational’ instant-commerce price war with Alibaba, JD.com
A Meituan executive said the company had no choice but to join the latest round
ChinaAMC launches world’s first tokenised yuan fund amid Hong Kong stablecoin push
ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management, launched the
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