TECH NEWS
Alibaba to ramp up AI, cloud computing investments as quarterly profit surges 239%
Chinese e-commerce giant Alibaba Group Holding saw profit surge 239 per cent cent in the December quarter to beat analysts’ estimates, as the company’s cloud computing services unit posted strong growth. “This quarter’s results demonstrated substantial progress in our ‘user first, AI-driven’ strategies and the re-accelerated growth of our core businesses,” said Eddie Wu Yongming, chief executive of Alibaba, which owns the South China Morning Post. In a conference call with analysts, Wu said Alibaba plans to “aggressively invest” in artificial intelligence (AI) and cloud computing infrastructure over the next
China approves RedNote’s AI translation along with 5 other models
The internet regulator in Shanghai has approved six more generative artificial intelligence (GenAI) services for
Former Huawei ‘genius youth’ recruit joins alma mater Nanjing University to research AI
A former recruit of Huawei Technologies’ “Genius Youth” programme joined his alma mater Nanjing University
Ant Group enters AI robotics sector to build China’s humanoid workforce
Chinese fintech giant Ant Group has ventured into the country’s booming humanoid robotics sector, according
Apple unveils US$599 iPhone 16e, a budget AI handset to compete with Huawei, Samsung
Apple launched on Wednesday a budget-minded phone with artificial intelligence (AI), the iPhone 16e, designed
Tech war: ex-Apple engineer returns to China to teach about semiconductors at alma mater
A Chinese engineer who worked on semiconductors at Apple has returned home to teach at
Alibaba opens first data centre in Mexico, ramping up AI infrastructure expansion
With the launch on Wednesday, Alibaba Cloud said it now had a global infrastructure network
Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal
Haier, one of China’s biggest home appliance makers, plans to take control of loss-making industrial
DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report
Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global
Wilczek’s Multiverse | Quantum leaps? The good and bad news about the next big thing in computing
In the third instalment of his exclusive monthly series for the South China Morning Post,
Tokenisation a ‘defining trend’ for Web3 in Hong Kong as city hosts major Consensus event
Hong Kong is intensifying its focus on tokenisation and stablecoins to bolster its Web3 industry,
Opinion | How DeepSeek’s disruption could finally burst the US stock bubble
DeepSeek has unravelled the assumption that a few hyperscalers will dominate the artificial intelligence market,
Chinese smartphone brands see rapid growth in Middle East, Southeast Asia
Chinese smartphone makers are gaining more ground in the Middle East and Southeast Asia, according
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