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A robotic pool cleaner designed by Chinese manufacturer Sublue on display at the CES tech show in Las Vegas in January. Photo: AP

Why are Chinese robots cleaning up in America’s backyards?

Manufacturers of robotic pool cleaners seek to emulate China’s electric vehicle success story while keeping an eye on tariff threats.

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Vaccine shows promise in curing HIV, Hong Kong start-up says

Recap | ByteDance AI becomes China’s No 1, AMD cuts jobs in Nvidia battle and more tech stories

OpenAI wants US to team up with allies to beat China in AI race

The ChatGPT maker says the US and its neighbours should collaborate in AI and expand their partnership to include Middle East nations.

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OpenAI is urging the US to partner with allies on AI to take on China. Photo: AP

China’s chip start-up taking on Nvidia kicks off pre-IPO process

Moore Threads has hired Citic Securities to start the ‘tutoring’ process as it seeks to capitalise on enthusiasm in China’s semiconductor industry.

Recap | Trump’s return threatens Chinese EV makers, an AI talent war and more tech news

The global expansion of biotech firms is another story the SCMP has been covering in the realm of future tech recently.

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China’s ‘AI Tiger’ Zhipu in race to boost video-generation features

The updated version of Ying will be able to generate 10-seconds long 4K high-definition video clips at 60 frames per second, Zhipu says.

Zhipu AI is one of China’s top generative AI start-ups. Photo: Handout

China’s AI chip unicorn Moore Threads moves closer to possible IPO

The GPU and AI-accelerator start-up, founded by an Nvidia veteran, has become a joint-stock company after fresh investments.

ByteDance adds video generator to China’s most popular AI app

The move underscores the TikTok owner’s ambitions to solidify Doubao’s leading position.

Hong Kong start-ups find warm welcome, big opportunities in Saudi Arabia

Executives in a recent delegation praise Saudi Arabia’s pace of modernisation and eagerness to do business.

A view of Riyadh, Saudi Arabia. Photo: Shutterstock

From chip war to TikTok ban: what tech can expect from Donald Trump

As Donald Trump returns to the White House, tech companies are bracing for a revamp of tech policies imposed by Joe Biden.

Tech giants are bracing for the return of Donald Trump to the White House. Photo: EPA-EFE

MTR Lab backs AI start-up Ensonic in first mainland Chinese investment

Ensonic produces AI-based acoustic detection systems used for equipment quality control and maintenance.

Chinese unicorn Zhipu AI raises US$210 million to invest in start-ups

The Z Fund says it aims to take advantage of its parent’s leading position in China’s AI sector to discover promising early-stage start-ups.

OpenAI safety exec calls for responsible AI development at Bilibili event

In an event hosted by and streamed to Bilibili, researcher Lilian Weng Li called AI a ‘double-edged sword’ that must be trained properly.

A researcher from OpenAI spoke about the need for the responsible development of AI to ensure safety during a Chinese conference hosted by Bilibili. Photo: Reuters

Chinese self-driving truck start-up Autra.tech scales down operations

Financing issues and potential US sanctions prompt Autra.tech to cut salaries of staff, cancel new development and suspend delivery orders.

Autra.tech’s troubles reflect the persistent funding challenges many start-ups face in mainland China. Photo: Autra.tech

Chinese AI firms are splurging on ads to stand out in crowded market: report

Tech giants such as Alibaba and ByteDance along with start-ups spent US$70.2 million in the third quarter to promote generative AI products, report finds.

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Chinese AI unicorn Zhipu adds Beijing, Shenzhen government funds as shareholders

The latest funding reflects how Chinese AI-related enterprises continue to attract new investment, despite US tech restrictions.

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Start-up spurs Xiaohongshu-ready ‘experiences’ in Hong Kong

Strategy also seeks to capture anticipated growth in visits by Western tourists who spend more per capita.

Tourists explore the scenic Lions Pavilion at The Peak during the National Day ‘golden week’ holiday on 2 October 2024. Photo: May Tse

China’s DeepRoute.ai raises US$100 million to accelerate self-driving tech

The Shenzhen-based start-up expects nearly 200,000 cars to be equipped with its advanced assisted driving system by the end of 2025.

Shein touted as model unicorn in China’s ‘new quality productive force’ push

Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.

‘Not just talk’: Hong Kong secures billions in funds, deals at FII in Riyadh

The highlight of the week was the US$1 billion accord announced on the final day of the 2024 FII summit by the Saudi sovereign wealth fund and the HKMA.

(Left to right): AIF (T) founder and CEO Alvin Kwock, Cyberport director Charleston Sin, Financial Secretary Paul Chan Mo-po, Hong Kong Science and Technology Park’s CEO Albert Wong Hak-keung and FJDynamics’ chief financial officer Kiki Zhang during a media briefing at the end of the eighth FII conference in Riyadh on October 31, 2024. Photo: Enoch Yiu.

Chinese AI unicorn MiniMax scores big in US with Talkie chatbot app

Talkie, part of the fast-growing ‘companion AI’ market segment, was the fourth most-downloaded AI app in the US in the first half of 2024.

So-called companion AI apps, such as MiniMax-developed Talkie, are popular among younger social-media users. Photo: Handout

China’s Zhipu AI says its app can operate your smartphone for you

AutoGLM can order coffee, send messages and complete other tasks on smartphones based on voice prompts, according to the Chinese start-up.

Hong Kong start-ups eye Middle East capital under new accord with venture fund

Start-ups with expertise in artificial intelligence, biotech and green energy can contribute to Saudi Arabia’s economic diversification agenda.

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Hong Kong start-ups head to Riyadh for the Future Investment Initiative

Hong Kong start-ups ‘have a lot to offer’ Saudi Arabia, which is trying to diversify its oil-dominated economy.

Albert Wong Hak-keung, CEO of the Hong Kong Science and Technology Parks Corporation. Photo: Dickson Lee

Chinese robotaxi start-up WeRide files for US$119 million IPO

The IPO would be one of the largest US listings by a Chinese firm since Didi Global’s in 2021.

A WeRide robotaxi on the road. Photo: Handout

Oppo enters tech pact with top EV maker BYD, acquires AI start-up

The latest initiatives by Oppo show its ambition to diversify and expand its business beyond the smartphone industry.

Beijing AI academy boasts of new multimodal model’s performance

The state-backed Beijing Academy of Artificial Intelligence released a new model that it says can outperform Stable Diffusion XL on some tasks.

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Start-ups
Articles about early-stage companies; pre-IPO, including those still being funded by angel investors, private equity or venture capitalists.
last updated:
9 September, 2024
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