6 March 2025

ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its […]

Shenzhen has received a boost to its role in manufacturing humanoid robots after Unitree Robotics set up a new venture to leverage the supply chain and supportive policies of the southern tech hub. Unitree, the country’s hottest robot maker and one of the so-called six Little Dragons based in the eastern Chinese city of Hangzhou,

Following the launch of its QwQ-32B model, Alibaba’s Hong Kong-listed shares surged 7.2 per cent to HK$139.30 in Thursday morning trading. Alibaba owns the South China Morning Post. Despite its relatively modest 32 billion parameters, Alibaba’s new model matched or outperformed DeepSeek’s R1, which boasts 671 billion parameters, in areas such as mathematics, coding and

DeepSeek sent shock waves across China’s artificial intelligence (AI) community after its low-cost models upended conventional thinking in the industry, prompting other start-ups to launch open-source models and seek fresh funding. A spin-off from a hedge fund owned by Liang Wenfeng, DeepSeek grabbed headlines for its impact on Wall Street and Silicon Valley. The Hangzhou-based