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New Business

Memory chip prices surge amid strong demand from the AI sector: analysts

The steep rise in memory chip prices is expected to continue on the back of heightened demand from the artificial…

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New Business

Chinese commerce minister calls for deeper US-China cooperation on trade

Chinese Commerce Minister Wang Wentao called for China and the United States to make joint efforts to manage uncertainties and…

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New Business

Tech war: Huawei to open-source software tool to optimise AI chip use

Huawei Technologies on Friday introduced open-source software that it claimed can significantly improve the utilisation rate of artificial intelligence chips,…

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New Business

China braces for record 12.7 million graduates entering tight job market in 2026

China is preparing for an unprecedented wave of new university graduates next summer – a record 12.7 million outgoing students…

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New Business

Uber to launch robot deliveries in UK with Starship Technologies

Initially, Uber Eats customers will be able to receive Starship’s robot deliveries in the Leeds and Sheffield areas Reuters November…

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New Business

Chinese tech giants from Kuaishou to Tencent reap early gains from big AI bets

Chinese technology powerhouses are beginning to reap early returns from their heavy investments in artificial intelligence, with quarterly results showing…

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New Business

China’s Baidu posts 50% rise in AI revenue despite third-quarter slump

Chinese internet search giant Baidu on Tuesday reported a 50 per cent increase in artificial intelligence-related revenue in the three…

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New Business

Growth in China’s tech stocks just getting started, JPMorgan banker says

The recovery of China’s tech stocks from their trough is still at an early stage, as the country’s emergence as…

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New Business

China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

The Guangzhou-based firm’s net loss narrowed by nearly 80 per cent to 380.9 million yuan (US$53.6 million) in the third…

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New Business

Shanghai unveils radical plan for new era of ‘AI dining’ and robot kitchens

China’s premier metropolis has a vision for the future of dining – and it is one involving restaurants run by…

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