artificial intelligence

New Business

Alibaba ties up with Lee Kai-fu’s unicorn as China’s AI sector consolidates

Alibaba Group Holding’s cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial intelligence (AI) models, a sign…

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New Business

Chinese AI firm SenseTime downsizes Singapore office amid post-ChatGPT competition

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to…

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New Business

US-sanctioned Apple supplier Wingtech shifts focus to chips, citing geopolitics

Wingtech Technology, one of Apple’s suppliers in China, plans to divest its consumer-electronics contract manufacturing business and focus on semiconductors…

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New Business

Explainer | Why ChatGPT creator OpenAI plans transition to public benefit corporation

ChatGPT creator OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation…

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New Business

Troubled self-driving truck firm TuSimple rebrands as CreateAI, launches AI model

Troubled autonomous truck company TuSimple Holdings has rebranded itself CreateAI, as it walks away from costly self-driving technology development and…

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New Business

Intel says chip spin-off is an ‘open question’ for next CEO

Intel chief financial officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an…

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New Business

Bold and bountiful: China’s newest investment buzzword encourages risky capital plays

Amid sluggish economic growth and weak investor confidence, China is championing “bold capital” – a new initiative to steer investments…

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New Business

Tech war: Chinese surveillance firm Uniview calls on US to reconsider its trade sanction

Hangzhou-based Uniview on Tuesday was added to the so-called Entity List for enabling “human rights violations, including high-technology surveillance targeted…

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New Business

After OpenAI’s Sora launch, Adobe is falling behind with its AI video roll-out

Adobe is rolling out its AI video product much more slowly than OpenAI’s rival Sora service, fuelling concerns that the…

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New Business

Ant International reports growth after March spin-off as cross-border payments surge

Ant International reported a robust growth across its core business segments following a spin-off in March as its mainstay cross-border…

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