Net revenue dips, but still beats analysts’ estimate, as e-commerce giant contends with weak demand and fierce competition.
The global supply of high-quality, publicly available human-generated text could be fully exhausted within the next six years.
Brussels’ €30b tender for up to 7 AI hubs already benefits US chipmakers and could result in EU-funded computing capacity being sold to US tech giants.
7 Aug 2026 - 10:00PM videocam
The move comes just a day after Beijing imposed sanctions on a string of US firms and tightened controls over the drone supply chain.
Unicorn dismantles offshore structure to pave way for potential listing as investor appetite surges after release of Kimi K3 model.
The start-up joins a growing list of domestic robot makers in China raising capital.
Artificial intelligence models and apps that help doctors in China diagnose disease and patients understand their health could be an export gold mine.
From safety features to hands-free voice tools, JD.com has become the latest platform to launch AI-integrated headwear.
China’s DeepSeek is also recruiting for jobs in Inner Mongolia, the location of the buildout, as it emerges as an AI hub due to low power costs.
Elsa Reichmanis spent decades collaborating with Chinese science teams and says research should remain distinct from tech rivalry.
30 Jul 2026 - 11:39PM videocam
Chinese tech giants and frontier AI labs are locked in a parallel race, escalating capital expenditure to match US and domestic rivals.
Chinese firm makes long-term bets on 100 artificial intelligence companies, from chip and hardware manufacturers to models and applications.
29 Jul 2026 - 4:00PM videocam
The surge in compute capacity underpins Beijing’s ambition to establish itself as a national ‘AI highland’.
Per a source, the company closes fundraising round at US$30 billion valuation, as it signals it may go public in next six months.
Kimi K3 is designed for long-horizon coding, knowledge work and reasoning tasks, according to a blog post by Moonshot AI.
After a two-year delay, the iPhone maker is cleared to deploy AI tools on its smartphones by tapping Alibaba and Baidu’s capabilities.
15 Jul 2026 - 7:48PM videocam
Company’s fresh fundraising talks come straight off its landmark Series A, as investors scramble to back national AI champion.
Exports of automatic data processing machines and parts jumped more than 41 per cent to top US$138 billion.
Monday’s losses were seen across chip designers, semiconductor-equipment makers and materials suppliers.
The company says the production line launch marks a critical step towards China’s drive for tech self-sufficiency.
The company is pushing for more collaboration between the two cities and Beijing in the commercial space sector.
Beijing aims to ‘temporarily ease the training bottleneck’ in China’s AI industry, but it remains focused on tech self-sufficiency, analysts say.
Daily AI token consumption has surged more than 1,000-fold in just over two years and exceeded 140 trillion tokens a day in March.
Recently listed start-ups in robotics and AI explain what the city gives them besides funding for development and expansion.
The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent.
The Chinese tech giant has listed Claude Code as ‘high-risk’ software, after discovering Anthropic had tracked Chinese users using hidden code.
3 Jul 2026 - 10:25PM videocam
Short video giant’s filing confirms SCMP exclusive; investors include tech heavyweights, state investment vehicles and entertainment firms.
The zone is set to provide up to 100 million yuan to fund research and development of the technology.
The Kuaishou Technology spin-off aims to start Hong Kong listing process within a year, as annual recurring revenue soars following latest AI video model release.
2 Jul 2026 - 6:30PM videocam
Plan sets target of 50,000 industrial 5G private networks by 2030, with industrial internet sector’s value added to exceed 2.5 trillion yuan.