AI development

New Business

Can China fund its AI ambitions? Ex-Google CEO Eric Schmidt casts doubt

China’s designs on supremacy in artificial intelligence could be hindered by a funding gap in the sector, according to former…

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New Business

Exclusive | Cyberport may use Chinese GPUs at Hong Kong supercomputing hub to cut reliance on Nvidia

Cyberport may add some graphics processing units (GPUs) made in China to its Artificial Intelligence Supercomputing Centre in Hong Kong,…

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New Business

China’s AI race heats up as Shanghai launches massive subsidy scheme

Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis…

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New Business

Shanghai’s West Bund defies property slump as new CBD attracts MNCs like BMW, Adidas

Shanghai’s West Bund, an 11km-long waterfront area in mainland China’s financial capital, has bucked the property downtrend plaguing the sector,…

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New Business

Alibaba expert envisions AI agents transforming daily life in 5 years

Digital colleagues will be a part of everyday life in the next five years, according to an artificial intelligence (AI)…

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New Business

Google pushes AI upgrades, subscriptions as OpenAI’s ChatGPT threatens search business

Alphabet’s Google said on Tuesday it would put artificial intelligence (AI) into the hands of more web surfers while teasing…

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New Business

Unitree robotics profitable since 2020, eyes expansion amid high demand

Unitree Robotics, China’s leading manufacturer of robotic dogs, has maintained steady profitability since 2020 and has no immediate plans for…

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New Business

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the…

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Tech

Samsung profit surges most in years after chip arm recovery

Samsung Electronics reported its fastest pace of net income growth since 2010 after the artificial intelligence boom lifted earnings at…

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New Business

Tech war: China eyes supercomputers for building LLMs amid US sanctions on advanced chips

Leveraging supercomputing technology that China has developed over the past decade could help break the stranglehold of US-led restrictions on…

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