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Articles about early-stage companies; pre-IPO, including those still being funded by angel investors, private equity or venture capitalists.
Speculation grows about DeepSeek’s next AI model. Photo: AP
DeepSeek

Speculation grows on DeepSeek’s next AI model after OpenAI’s GPT-5

DeepSeek has reportedly delayed the launch of its R2 model owing to challenges in training it with Huawei chips.

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Robotics

Unitree founder: lack of advanced AI deters mass adoption of robots

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Artificial intelligence

AI start-up Perplexity makes bold bid for Google’s Chrome browser

Banking & finance

Chinese PE fund bets big on AI as it sees tech shaping the future

Founder Sean Xiang Yuqiu says the fund will invest US$500 million in the AI and robotics sectors over the next three years.

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Sean Xiang Yuqiu, founder of Hermitage Capital. Photo: Handout
Artificial intelligence

China rejects OpenAI’s GPT-5 trademark application

Chinese regulators last year also denied OpenAI’s efforts to register ChatGPT and GPT as trademarks on the mainland.

Hong Kong science and tech

Hong Kong shines at Silicon Valley tech festival with record 51 awards

Lingnan University’s innovation team emerges as delegation’s biggest winner, with 8 gold medals and five prizes in fields including AI.

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Robotics

China’s AgiBot lands deal to deploy robots at car parts factories

The A2-W robots can meet the monthly manufacturing target of a production line in a single shift, the company says.

Employees work on a humanoid-robot production line at the AgiBot factory in Shanghai, China. Photo: Reuters
Hong Kong healthcare and hospitals

Yuanhua eyes Hong Kong for assembly plant, IPO in overseas surgical robot push

The company plans to ship components made at its plant in Shenzhen to Hong Kong where robots for overseas clients would be assembled.

Artificial intelligence

OpenAI’s GPT-5 draws mixed reviews in China amid heightened AI competition

GPT-5 is not significantly ahead of Chinese AI models, according to Zhang Linfeng, an AI professor at Shanghai Jiao Tong University.

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Semiconductors

Unicorn Z.ai adapts models for Huawei chips to broaden China’s AI ecosystem

Huawei’s Ascend processors used on AI servers and Kirin chips that run inside smartphones are now compatible with Z.ai’s GLM models.

Huawei’s tie-up with Z.ai shows a deeper integration of China’s AI ecosystem. Photo: Shutterstock
Robotics

Humanoid haven: China’s new robot store showcases home-grown products

The Robot Mall in Beijing’s E-Town features products from over 40 domestic brands, including Unitree and UBTech.

A man adjusts a humanoid robot at the Robot Mall in Beijing. Photo: AFP
Tesla

Tesla disbands Dojo supercomputer team in blow to AI semiconductor effort

The decision marks a major shift for a programme years in the making, with Dojo once positioned as central to Tesla’s AI ambitions.

Artificial intelligence

OpenAI poised to release GPT-5 model days after launching 2 new open systems

Speculation on GPT-5’s capabilities includes improved overall efficiency, increased problem-solving and logic-based decision-making.

Robotics

World robotics conference in China marks 10th year with JD.com as partner

JD.com will announce a strategic plan for promoting the industry’s development at the 2025 World Robot Conference in Beijing.

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A number of Chinese humanoid robot manufacturers are set to enter mass production this year. Photo: Shutterstock
OpenAI

OpenAI in talks for share sale at US$500 billion valuation, sources say

If the deal goes ahead, it would elevate OpenAI’s valuation on paper by two-thirds to US$500 billion, making it one of the world’s largest privately held companies.

OpenAI’s logo on May 20, 2024. Photo: Reuters
Fame and celebrity

Profile | What’s your dream? Influencer entrepreneur Simon Squibb on making it real

Business advice guru Squibb, for whom Hong Kong played a special part is his story, talks about helping people gain financial freedom.

Artificial intelligence

AI is the new buzzword at China’s biggest video gaming trade show

From AI-generated characters to 3D technology, companies showcase the expanding applications of AI in video games.

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Semiconductors

Huawei to open-source AI chip toolkit to take on Nvidia’s proprietary platform

The move will help accelerate innovation from developers, while making Ascend chips easier to use, Huawei’s Eric Xu says.

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Huawei’s CANN toolkit is software used to develop applications on the company’s Ascend AI processors. Photo: Shutterstock
ByteDance

ByteDance finds median service length of employees at about 3 years

About half of the company’s 120,000 employees have spent more than three years at the social media giant.

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Semiconductors

Chinese semiconductor, AI firms form pact as Nvidia faces inquiry on H20 chip

The Model-Chips Ecosystem Innovation Alliance has 10 members, including Huawei’s Ascend unit and Tencent-backed AI firm StepFun.

Artificial intelligence

AI chip start-up Groq nears US$600 million funding deal

The new funding round brings the start-up’s total cash haul to more than US$2 billion and doubles its valuation.

Groq designs semiconductors and software for AI, and aims to take on Nvidia. Photo: Shutterstock Images
Robotics

China’s humanoid robots put on a show as Tesla’s Optimus kept behind glass

The humanoid robot market segment is seeing demand from enterprises gather speed, as some manufacturers start mass production this year.

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A woman reaches out to touch the hand of a humanoid robot at the World Artificial Intelligence Conference in Shanghai on Monday. Photo: AFP
Artificial intelligence

China’s Big Tech vies for AI agent supremacy after Manus relocates

Tencent showcases a dozen AI agents at China’s biggest AI event, intensifying the competition in a heated market.

Artificial intelligence

WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

That number accounted for more than 40 per cent of the 3,755 total AI models known worldwide, according to data from the Shanghai conference.

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DeepSeek

DeepSeek’s AI dominance in China challenged by Alibaba’s Qwen

DeepSeek has seen use of its models drop to 80 per cent from 99 per cent on Chinese cloud computing platform PPIO.

DeepSeek remains the most popular AI model on cloud computing platform PPIO. Photo: dpa
Hong Kong economy

Exclusive | Hong Kong must grow ‘exponentially’ to match Shenzhen: outgoing Science Park CEO

Albert Wong says achieving I&T success requires attracting talent and capital, as he prepares to hand over reins at government-backed tech hub.

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Hong Kong Science and Technology Parks Corporation CEO Albert Wong leave his role as CEO on Friday. Photo: May Tse
Robotics

Back to basics: Keenon Robotics takes pragmatic approach with humanoids

The Chinese robot maker aims to identify simple tasks manageable by current humanoids, instead of creating an all-purpose robot.

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Artificial intelligence

AI experts urge US-China collaboration at Shanghai conference

From Nobel laureate Geoffrey Hinton to former Google CEO Eric Schmidt, experts warn about the risks that AI poses.

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