10 March 2025

China’s Full Truck Alliance eyes secondary Hong Kong listing as ‘hedge against US risks’

China’s Full Truck Alliance eyes secondary Hong Kong listing as ‘hedge against US risks’

Full Truck Alliance (FTA), China’s “Uber for trucks”, could revisit plans for a second listing in Hong Kong following a rebound in investor sentiment and an escalation in US-China geopolitical tensions, according to a top executive. The company, also known as Manbang in China, had initially planned a dual primary listing in Hong Kong in […]

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Foxconn launches traditional Chinese large language model for AI-driven manufacturing

Foxconn launches traditional Chinese large language model for AI-driven manufacturing

Foxconn Technology Group, the world’s largest electronics contract manufacturer and major iPhone supplier for Apple, launched its first Chinese large language model (LLM) trained on traditional characters, as the Taiwanese company pushes forward the use of artificial intelligence (AI) in factories. The new FoxBrain model was trained in a “more efficient and lower-cost” method within

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Agibot unveils AI model that allows humanoid robots to perform real-world tasks

Agibot unveils AI model that allows humanoid robots to perform real-world tasks

Agibot, founded by Huawei Technologies’ former “Genius Youth” recruit Peng Zhihui, has launched a general artificial intelligence (AI) model that can enable humanoid robots to understand and perform real-world tasks quickly. The Shanghai-based start-up unveiled Genie Operator-1 (GO-1), a foundation model designed to serve as a general-purpose brain for humanoid robots to help them learn

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Chipmaker TSMC’s sales quicken in first 2 months of 2025 in upbeat note for AI

Chipmaker TSMC’s sales quicken in first 2 months of 2025 in upbeat note for AI

The world’s largest contract chip manufacturer reported combined revenue for the first two months of NT$553.3 billion (US$16.8 billion). That compares with 34 per cent growth during the full-year of 2024. Analysts on average are projecting growth of about 41 per cent this quarter. As the manufacturer of most of the AI chips in the

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How Alibaba’s new RISC-V chip hits the mark for China’s tech self-sufficiency drive

How Alibaba’s new RISC-V chip hits the mark for China’s tech self-sufficiency drive

The e-commerce giant’s research arm, Damo Academy, last month unveiled the C930 central processing unit (CPU) design, developed by Alibaba semiconductor unit T-Head, which is geared towards high-performance computing applications, including data-centre servers and autonomous vehicles. Alibaba owns the Post. The C930 will begin shipping to clients this month, according to Damo, without providing figures,

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Opinion | Hong Kong must avoid jumping on AI bandwagon and focus on what it does best

Opinion | Hong Kong must avoid jumping on AI bandwagon and focus on what it does best

As an artificial intelligence (AI) craze sweeps across China following the rise of DeepSeek and Unitree Robotics, Hong Kong is eager to get on the bandwagon. In unveiling Hong Kong’s 2025-26 budget late last month, Financial Secretary Paul Chan Mo-po expressed enthusiasm about the prospect of turning the city into “an international exchange and cooperation

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