24 March 2025

AI boom drives record loans for data centres in Southeast Asia

AI boom drives record loans for data centres in Southeast Asia

Artificial intelligence (AI) advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and filling the pipeline with even more potential deals. In the span of a week, two major Asian data-centre operators secured their biggest-ever loans, partly earmarked for the expansion of their operations in Malaysia, which […]

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Apple’s Cook praises DeepSeek ahead of Shanghai developer conference

Apple’s Cook praises DeepSeek ahead of Shanghai developer conference

Speaking on the sidelines of the China Development Forum in Beijing, a state-organised forum to woo global investors, the executive told the official China News Service that DeepSeek’s models were “excellent”, the outlet reported on Sunday. Cook did not elaborate. The forum was part of Cook’s first visit to China this year. He also posted

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Chinese humanoid robot star Unitree to focus on industrial models before household aides

Chinese humanoid robot star Unitree to focus on industrial models before household aides

Chinese robotics unicorn Unitree Robotics, whose products are mainly used in research and industrial applications, will not be launching humanoid robots for household use in the near future because of stringent safety requirements, according to the company’s founder and CEO. Wang Xingxing, who founded the start-up in 2016, said its household humanoid robots would come

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China’s BYD launches EV to rival Tesla’s top seller at around half the price

China’s BYD launches EV to rival Tesla’s top seller at around half the price

Top global electric vehicle (EV) maker BYD has launched a new sedan that aims to rival the features of Tesla’s Model 3 – long the mainland market’s top selling EV – for around half the price. The Qin L starts at 119,800 yuan (US$16,517), while the basic edition of the Model 3 is priced at

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How two Hong Kong firms’ innovative solutions enhance well-being in belt and road regions

How two Hong Kong firms’ innovative solutions enhance well-being in belt and road regions

Hong Kong is keen to foster its medical and health industries and position the city as a global hub for technology and innovation as it offers world-class research and development (R&D) infrastructure, a strong talent pool and many favourable policies and incentives for companies in these industries. Chief Executive John Lee Ka-chiu announced a series

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Chinese software maker Kingdee embraces AI, deploys DeepSeek across cloud services

Chinese software maker Kingdee embraces AI, deploys DeepSeek across cloud services

Chinese enterprise software provider Kingdee International Software Group is fully embracing artificial intelligence (AI) as DeepSeek significantly reduces costs for businesses to adopt large language models, company executives said in an interview. “DeepSeek is a groundbreaking product,” George Liu, Kingdee’s vice-president and head of research and development, said in an interview on March 18. “It’s

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