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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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New Business

Hong Kong’s allure for rich families rises amid mainland China’s EV, AI growth

Many wealthy families in Asia, the Middle East and Europe are exploring Hong Kong as a platform to tap growing…

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New Business

Alibaba condemns FT report on firm’s alleged PLA ties as ‘completely false’, ‘malicious’

“The assertions and innuendos in the article are completely false,” an Alibaba representative said. “We question the motivation behind the…

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New Business

China’s tech giants set to lead AI growth in 2026 despite chip shortage: JPMorgan

China’s internet giants are poised to drive the continued adoption of artificial intelligence in the country, with AI chip shortages…

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New Business

Tencent posts 19% jump in third-quarter profit on AI-related gains, beating estimates

Revenue for the Shenzhen-based firm reached 192.9 billion yuan (US$27.1 billion), up from 167.2 billion yuan in the same period…

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New Business

Anthropic commits US$50 billion to build AI data centres in US

Anthropic plans to spend US$50 billion to build custom data centres for artificial intelligence work in several US locations, including…

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New Business

Australian start-up Heidi eyes Hong Kong to expand North Asia healthcare footprint

Australian healthcare start-up Heidi plans to open its first North Asia office in Hong Kong this year, aiming to tap…

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New Business

ByteDance unveils China’s most affordable AI coding agent at just US$1.30 a month

Volcano Engine, the cloud unit of TikTok owner ByteDance, has launched a new coding agent priced at just 9.9 yuan…

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New Business

‘Western tech dominance fading,’ Web Summit CEO says at ‘Davos for geeks’

Global technology leaders will pack Lisbon’s annual Web Summit from Tuesday to talk about artificial intelligence, robots and start-ups –…

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New Business

Intel CEO to oversee its AI efforts after executive departs for OpenAI

Intel said on Monday its CEO Tan Lip-bu would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology…

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