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New Business

Xiaomi launches open-source model to compete against DeepSeek, Moonshot, OpenAI systems

Available worldwide on Xiaomi’s developer site MiMo Studio, Hugging Face and the API Platform, MiMo-V2-Flash “particularly excels in reasoning, coding…

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New Business

Different strokes: Huawei’s founder makes subtle dig at lofty pursuits in AI by the US

The United States and China are pursuing artificial intelligence in “different directions”, and the divergence is being reflected in the…

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New Business

China’s DeepSeek makes rare public comment, calls for AI ‘whistle-blower’ on job losses

Chinese artificial intelligence start-up DeepSeek made a rare appearance at a state-backed industry event on Friday as a senior researcher…

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New Business

Alibaba doubles down on ‘super-scale’ computing infrastructure plans as AI demand grows

Meeting the AI industry’s demand “requires super-scale infrastructure and full-stack technology accumulation”, Wu told the audience at Friday’s opening of…

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New Business

Opinion | Why the clock is ticking on the Fed-fuelled AI bubble

The AI bubble is entering extra time by walling in money and sharing it among key players. As profitable firms…

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New Business

Alibaba to boost AI spending as China tech giant sees AGI as new start

Alibaba Group Holding plans to increase its capital expenditures on artificial intelligence infrastructure from the original 380 billion yuan (US$53…

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New Business

From gifted student to AI hero, DeepSeek’s founder Liang Wenfeng inspires a nation

Not long ago, few people in China had heard of Mililing, a sleepy village nestled in a remote corner of…

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New Business

Alibaba chairman Joe Tsai questions AI’s limits, casts doubt on humanoid robots

Alibaba Group Holding chairman Joe Tsai raised “philosophical” questions on Wednesday to young entrepreneurs about whether machines could ever surpass…

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New Business

Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent to close at HK$138.50 on Friday, following an 8 per cent gain…

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New Business

DeepSeek attracts China’s young jobseekers as AI firm ramps up recruitment

DeepSeek, China’s hottest tech start-up, has become one of the most coveted destinations for young jobseekers across the country, as…

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