artificial intelligence

New Business

Alibaba, Ant partner with home province Zhejiang to support China’s AI drive

Provincial governor Liu Jie attended a signing ceremony in Hangzhou on Tuesday, along with Alibaba chairman Joe Tsai and Ant…

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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

Haier debuts three-drum ‘lazybones’ washing machine that handles multiple loads at once

Chinese household appliance giant Haier has introduced a front-loading washing machine capable of handling three separate loads simultaneously, a feature…

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Chinese entrepreneurs’ philanthropy helps lure world-class scholars

China’s growing number of universities funded by entrepreneurs are attracting more world-class scholars, aligning with Beijing’s intensifying push for hi-tech…

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New Business

Tech war: Chinese AI models led by DeepSeek catch up with US rivals at lower prices

China’s home-grown artificial intelligence (AI) models are rapidly closing their performance gap with leading US rivals while offering significantly lower…

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Humanoid robot war heats up as US and China race towards mass production

The race to put humanoid robots into mass production has intensified over the past week, as companies in both the…

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New Business

Chinese EV maker Xpeng trims losses on 23% revenue rise

Chinese electric-vehicle (EV) maker Xpeng said its fourth-quarter loss narrowed from a year earlier, beating a consensus estimate, while its…

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New Business

China’s Sora-like Vidu breaks into Hollywood with deal to produce GenAI anime series

A Chinese text-to-video generation start-up said it has signed a deal with a US animation studio to produce an artificial…

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China debuts economic data on service robots as humanoid industry grows

China’s state statistics agency has introduced a new data series on “service robots” in its monthly industrial output report, in…

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Opinion | Adhering to reforms can help Beijing pop ‘Peak China’ bubble

Since 2023, as China’s economic recovery from the Covid-19 pandemic has shown protracted weakness, a “Peak China” theory has emerged…

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