
TECH NEWS

OpenAI board rejects Elon Musk’s US$97.4 billion offer
OpenAI on Friday rejected a US$97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the start-up is not for sale and that any future bid would be disingenuous. The unsolicited approach is Musk’s latest attempt to block the start-up he co-founded with CEO Sam Altman – but later left – from becoming a for-profit firm, as it looks to secure more capital and stay ahead in the AI race. “OpenAI is not for sale, and the board has unanimously rejected Mr Musk’s latest

Opinion | From oil to bitcoin, Trump envisions multipronged US ‘gold standard’
Among them, US Vice-President J.D. Vance shared four major US policy viewpoints on AI. First,

Zeekr joins China’s autonomous-driving race with plans to unveil tech at Shanghai car show
Chinese carmaker Zeekr Intelligent Technology, which is controlled by Geely Auto, has joined the autonomous-driving

DeepSeek spurs Baidu, other AI competitors to adopt open-source strategy
Chinese internet search giant Baidu and ChatGPT creator OpenAI are among the nascent field’s major

Tech war: Trump administration reviews terms underpinning Chips Act awards, sources say
The White House was seeking to renegotiate US Chips and Science Act awards and had

China’s stratospheric airship, Japan’s competitive eater: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the

How China is betting big on state-led research to drive a tech revolution
China’s state-owned industrial giants have set up nearly 100 new research hubs as part of

China’s smartphone brands embrace DeepSeek’s AI models as Apple partners with Alibaba
The iPhone maker struck a deal to use Alibaba’s Qwen models for Apple Intelligence in

Baidu to offer Ernie Bot service for free as DeepSeek heats up China’s AI market
Chinese internet search giant Baidu will make its Ernie Bot service free to use from

Alibaba chairman Joe Tsai hails Apple partnership, says DeepSeek will inspire AI developers
Alibaba Group Holding co-founder and chairman Joe Tsai confirmed on Thursday that the e-commerce giant

DeepSeek drives AI adoption by local Chinese governments from Shenzhen to Kunshan
A growing number of local governments in China are rushing to adopt DeepSeek’s artificial intelligence

OpenAI to simplify product offerings, merging o3 with GPT-5, CEO Altman says
OpenAI would not release “o3” as a stand-alone artificial intelligence (AI) model, as the ChatGPT

Opinion | Why Trump is not TikTok’s saviour
Many in China see Washington’s determination to force Chinese company ByteDance to divest itself of
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