19 March 2025

Nvidia’s new offerings could significantly boost the performance of DeepSeek’s R1 model, the chip giant’s CEO Jensen Huang said on Tuesday, in a message aimed at highlighting the US firm’s irreplaceable position in the era of artificial intelligence (AI) At the company’s annual GTC conference in San Jose, California, Huang explained how Nvidia’s latest products […]

Chinese social media giant Tencent Holdings said its fourth-quarter profit rose 90 per cent from a year earlier, aided by strong performance from its video-gaming business and more recent promotion of artificial intelligence (AI). Profit for the three months ended December reached 51.3 billion yuan (US$7.1 billion), exceeding the consensus estimate of 43.9 billion yuan

These memory chipmakers have already informed their distributors, including those in mainland China, of the price increase, according to various industry publications. ZhiTai, a retail brand of solid-state drives (SSDs) and storage cards that use core memory from YMTC, already advised distributors that prices would rise at least 10 per cent from April, according to

Chinese electric vehicle (EV) maker Xpeng said the robotics industry will become larger than the automotive sector in the next few years, though it added that it might take a half-decade before humanoid robots are available in households. “Regarding robotics, I think it is probably going to be the biggest future industry, bigger than automotive

Most of the so-called memecoins that are flooding the US$2.6 trillion cryptocurrency space will probably end up “worthless”, according to Ark Investment Management founder and chief executive Cathie Wood. The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies that “are not going to be worth very much”, Wood told Bloomberg

In the season of China’s annual “two sessions” meetings, what remains unsaid often carries more weight than what is openly declared. When President Xi Jinping met privately with China’s top entrepreneurs in Beijing last month to offer lip service in support of the private sector, the implicit message was clear, if subtle: China’s state-dominated economic