NEWS

The Chinese state foundation in charge of allocating funds for basic research said artificial intelligence (AI) development should not be “mere competition of computing power”, a conclusion it reached after gathering experts to discuss the impact of DeepSeek’s models. Lu Jianhua, deputy head of the National Natural Science Foundation of China (NSFC), said DeepSeek “represents […]

Alibaba Group Holding’s newly released artificial intelligence (AI) video-generating model, Wan, has received an enthusiastic reception from developers worldwide, as it becomes the most popular model on Hugging Face, the largest open-source AI models community. The cloud computing unit of Alibaba last week unveiled Wan 2.1, the latest iteration of its Sora-like video model, boasting

Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, solana and cardano. The names had not previously been announced. Bitcoin and ether would be at the heart of this reserve, he posted on Sunday. The post sent the

Honor’s newly appointed CEO pledged to invest US$10 billion over the next five years to drive the artificial intelligence (AI) transformation of the Chinese smartphone maker, as it seeks to integrate the technology across the company’s devices. The “Alpha” investment plan would support Honor’s new strategy to evolve from a smartphone maker into an ecosystem

The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to debut a conference for young emerging artificial intelligence (AI) scientists, as the city strives to become a bridge between China and the world amid growing Sino-US technology rivalry. HKIC on Wednesday said it was organising an International Young

OpenAI is rolling out an early version of a long-awaited new artificial intelligence (AI) model called GPT-4.5 to select users after hitting stumbling blocks in developing the AI system last year. In a blog post on Thursday, the San Francisco-based AI start-up said GPT-4.5 was better at picking up on and responding to subtle cues

Chinese tech start-up DeepSeek concluded its daily technical project in “Open Source Week” with a bold claim: its online inference services generated an extraordinary 545 per cent profit margin during a 24-hour run, thanks to advanced technological optimisations. DeepSeek reported an average node occupancy of 226.75 across its V3 and R1 inference models from noon

China’s rapid advances in artificial intelligence (AI) are reshaping the dynamics of global technology and one of the most consequential shifts is taking place beyond the traditional AI power centres of Beijing, Shanghai and Shenzhen. China’s AI influence is expanding across the Global South, from Africa to Latin America and Southeast Asia. With affordable AI-powered

On a recent Thursday afternoon, around five or six young people were busily preparing for an evening event at a street-side restaurant in Hangzhou, capital of China’s eastern Zhejiang province, celebrating the major renovation of the steamed bun eatery that had opened eight months earlier. The Ummy Mummy bun restaurant stands out from traditional establishments

Alibaba Group Holding has kicked off its spring hiring season with 3,000 internship openings for fresh graduates, half of them related to artificial intelligence (AI), as the Chinese e-commerce giant commits to advancing the technology. The recruitment campaign targets students graduating between November 2025 and October 2026, with internships spanning multiple business units. Nearly half