NEWS

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 […]

ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund that is also available to retail investors, as Hong Kong expands its offerings to compete as a digital asset hub. The new Hong Kong dollar-denominated fund, launched on the local cryptocurrency exchange

Dive deep into China’s technological revolution with SCMP’s China Future Tech live webinars. Get expert insights and live Q&As on six transformative sectors driving China’s tech dominance, including EVs, artificial intelligence (AI), semiconductors, aerospace, robotics and biomedicine. Updated: 28 Feb, 2025 Source link

Recent developments in artificial intelligence (AI) have been astonishing, as stunning new large language models and applications emerge. Two strong competitors to OpenAI’s ChatGPT were launched over the past month: DeepSeek’s R1 chatbot, and the Grok-3 chatbot put out by Elon Musk’s start-up xAI. Such rapid developments have led people to ponder whether AI will

The facility in Zhengzhou, the capital of central Henan province where Foxconn runs the world’s largest iPhone factory, on Thursday hosted a groundbreaking ceremony attended by chairman and CEO Liu Young-way and provincial governor Wang Kai, according to a statement on the government’s website. “Foxconn will integrate global technology reserves and industry chain resources, with

A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of

Like it or not, Christie’s “Augmented Intelligence” sale, which runs on to March 5, marks a major milestone in the world of art. It is the first time a major auction house is selling an entire art collection created with artificial intelligence (AI). Major auction houses have dabbled in AI art in the past. In

Chinese artificial intelligence (AI) start-up DeepSeek wrapped up a week of revealing technical details about its development of a ChatGPT competitor, which was achieved at a fraction of the typical costs, in a move that is poised to accelerate global advances in the field. Over the past few days, DeepSeek published eight open-source projects on

Damo Academy, Alibaba Group Holding’s research arm, has launched its first server-grade central processing unit (CPU), marking a significant step in the tech giant’s efforts to boost its artificial intelligence (AI) capabilities and counter US chip restrictions. The new chip, called C930, is the latest addition to Alibaba’s XuanTie RISC-V processor series. Designed for server-level,

US computing giant IBM is shutting down one of its major entities in China, 32 years after it was established to manage local research and development operations. IBM (China) Investment Company Limited had “completed its mission” of carrying out development in China and would cease operation, a company representative said by email on Friday. Known