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Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

Alibaba Group Holding saw revenue grow 4 per cent in the second quarter, missing estimates, as the e-commerce giant navigates…

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Chinese Big Tech to see big AI gains in social, educational and office use, report says

Artificial intelligence (AI) adoption is primarily benefiting users in three areas – social and entertainment, education, and office collaboration –…

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Tech

Mercedes-Benz teams up with TikTok owner ByteDance on AI technology for in-car systems

Mercedes-Benz teams up with TikTok owner ByteDance on AI technology for in-car systems Mercedes-Benz has struck a partnership with the…

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Tech

Alibaba’s Lazada posts first monthly profit amid intense competition in Southeast Asia

Lazada, the Southeast Asian online shopping platform of Alibaba Group Holding, has achieved a monthly profit for the first time,…

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Tech

Exclusive | PolyU’s top AI scientist Yang Hongxia seeks to revolutionise LLM development in Hong Kong

At present, Yang said LLM development has mostly relied on deploying advanced and expensive graphics processing units (GPUs), from the…

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Tech

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act…

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Tech

TikTok, Amazon collaborate on online shopping, heating up competition with Shein, Temu

“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on…

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Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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Tech

Chinese AI start-up Moonshot cuts LLM feature price amid fierce domestic competition

Chinese artificial intelligence (AI) firm Moonshot AI has halved the price of a new feature on its Kimi large language…

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Tech

Chinese AI firms fight to stand out from rivals in text-to-video market

Chinese firms from start-up Zhipu AI to tech giant ByteDance have rushed to launch artificial intelligence (AI) video-generation tools in…

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