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Tech war: China creates US$8.2 billion AI investment fund amid tightened US trade controls
The new AI fund’s scope of business includes general equity investment and asset management, according to the registry service, which did not provide any details. Its creation reflects Beijing’s determination to advance the nation’s AI capabilities, despite greater tech restrictions imposed by Washington. Bejing made AI a national priority amid a heightened tech war between the world’s two largest economies. While the central government shores up its support for the nascent sector with favourable policies and mandates, China’s AI market is expected to be worth 5.6 trillion yuan by 2030,
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TikTok’s shutdown a ‘clever’ move to curry favour ahead of Trump inauguration, analysts say
By temporarily shutting down TikTok in the US this week, Chinese internet giant ByteDance was
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China calls for overseas education ventures in push for tech advancement
As part of a 10-year plan to transform China into a global education superpower, Beijing
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Tencent CEO praises China’s economic ‘resilience’, hails overseas gaming revenues
Pony Ma Huateng, founder and CEO of Tencent Holdings, said in his annual address to
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Trump’s crypto meme coin draws billions in trading volume, as bitcoin dips
A digital token debuted by US president-elect Donald Trump has rattled the cryptocurrency market, attracting
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ByteDance to invest US$614 million in computing centre in China amid high AI demand
ByteDance, the parent company of TikTok and Douyin, is set to invest 4.5 billion yuan
![Hong Kong’s talent pool can help turn Greater Bay Area into biomedical hub, experts say Hong Kong’s talent pool can help turn Greater Bay Area into biomedical hub, experts say](https://i0.wp.com/cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2025/01/15/da862991-3b32-438d-bbee-e257e130c634_272443cc.jpg?itok=X6zXXfNA&v=1736932598&ssl=1)
Hong Kong’s talent pool can help turn Greater Bay Area into biomedical hub, experts say
The Greater Bay Area (GBA) has potential as a hub for biomedical innovation, thanks in
![Tencent, Guillemot family consider creating new venture involving certain Ubisoft assets Tencent, Guillemot family consider creating new venture involving certain Ubisoft assets](https://i0.wp.com/cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2025/01/15/c7f64199-8478-4ff3-b983-e805f0ebe085_7e226776.jpg?itok=Lq1pZZLK&v=1736936138&ssl=1)
Tencent, Guillemot family consider creating new venture involving certain Ubisoft assets
Tencent Holdings and Ubisoft Entertainment’s founding Guillemot family are looking at creating a new venture
![Baicells, a Chinese firm founded by Huawei alumni, requires scrutiny: US lawmakers Baicells, a Chinese firm founded by Huawei alumni, requires scrutiny: US lawmakers](https://i2.wp.com/cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2025/01/19/d805c81c-3f51-4387-89b3-3aac96f65042_677708b8.jpg?itok=696kvhzx&v=1737278082&ssl=1)
Baicells, a Chinese firm founded by Huawei alumni, requires scrutiny: US lawmakers
WASHINGTON – Baicells, a Chinese maker of telecommunication hardware founded by veterans of sanctioned Huawei
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AI-driven drug discovery aided by Greater Bay Area integration, Hong Kong-listed firm says
XtalPi Holdings, an artificial intelligence (AI) drug discovery firm based in the Greater Bay Area,
![Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit](https://i0.wp.com/cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2025/01/15/185af21a-8164-498d-8968-dd546e7a5310_8e799493.jpg?itok=_nYZWxVS&v=1736933280&ssl=1)
Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit
China’s most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent
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Trump says he will ‘most likely’ give TikTok a 90-day extension
US president-elect Donald Trump said he will “most likely” give TikTok a 90-day reprieve from
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Opinion | For good or ill, AI is changing modern love
I was out dining with friends around 7pm one night. All of a sudden, my
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