Xiaomi will cooperate with the police after an accident involving the autonomous driving feature of its SU7 electric vehicle (EV) claimed three lives, sparking concern over the rapid proliferation of self-navigating systems on the mainland. Shares of Xiaomi, a leading smartphone maker that launched its first EV last year, slumped 5.5 per cent to HK$46.50 […]
Chinese telecommunications equipment giant ZTE Corp has named veteran industry executive Fang Rong as its new chairman, succeeding Li Zixue, as the Shenzhen-based firm sharpens its focus on artificial intelligence (AI) amid declining revenue in its core carrier network business. ZTE, which is listed in Hong Kong and Shenzhen, on Monday announced Fang’s appointment, as
China’s ZTE names Fang Rong as chairman amid AI pivot, revenue drop Read More »
Chen Hang, who created the app in 2015 and left Alibaba in 2021 to pursue his own venture, will return as the new DingTalk CEO. The news comes as Alibaba, which owns the South China Morning Post, plans to acquire a stake in Chen’s Hangzhou-based start-up HHO, the representative said. HHO has raised at least
Alibaba woos back DingTalk founder to lead office app’s AI push Read More »
China may be making waves in a slew of emerging industries – from robotics to electric cars – but an official Chinese research body has placed the country only 10th in its latest global innovation league table. The report, released on Monday by the Academy of Science and Technology for Development (CASTED), evaluated the innovation
China ranks itself 10th in new global innovation league table Read More »
Taiwan Semiconductor Manufacturing Company (TSMC) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island’s economy and that it would continue to expand in Taiwan, following concern that its investment in the US will dilute its presence at home. Y.P. Chyn, TSMC’s executive vice-president and co-chief operating officer,
TSMC affirms commitment to Taiwan with new domestic fab amid overseas expansion Read More »
Artificial intelligence powerhouse OpenAI, the creator of ChatGPT, on Monday announced it is building a more open generative AI model as it faces growing competition in the open-source space from Chinese rival DeepSeek and Meta. The announcement marks a strategic shift by OpenAI, which until now has been a fierce defender of closed, proprietary models
OpenAI to build open AI model as it faces competition from Meta and China’s DeepSeek Read More »
