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Alibaba’s Qwen app challenges AI subscription models with free access

Alibaba Group Holding has officially launched its multipurpose artificial intelligence app, Qwen, promising a “free-for-all” gateway for consumers to access…

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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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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

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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Chinese AI models comparable to US ones in frontier risks, study finds

Chinese artificial intelligence systems are nearing levels of “frontier risks” similar to their US counterparts, according to a study. Recent…

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Chinese AI app start-ups lag behind US peers in making money: report

China’s start-up developers of artificial intelligence applications significantly lag behind their US counterparts in global recurring revenue, making overseas expansion…

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US and China flex muscles as narrative war over trade tensions heats up

As China and the United States accuse each other of provoking the latest escalation in trade tensions and disrupting the…

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Nvidia chief holds onto hope for policy change as China market share drops to 0 from 95%

Nvidia founder and CEO Jensen Huang said the company’s position in China has dropped from 95 per cent of the…

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With US-China tensions back on the upswing, is the TikTok deal at risk?

A tentative deal for the management of Chinese short video app TikTok in the United States is facing new pressure…

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New Business

China’s lesson for the US: it takes more than chips to win the AI race

When Alibaba Group Holding’s CEO Eddie Wu Yongming took the stage at the company’s annual Apsara conference in Hangzhou on…

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