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New Business

Alibaba holds wide lead over rivals ByteDance, Huawei, Tencent in China’s AI cloud market

Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first half of…

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New Business

Oracle shares surge 26% on cloud growth and OpenAI energy deal

Oracle surged to a record high in extended trading after the company posted a major increase in bookings and gave…

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New Business

Tech war: Anthropic’s Claude restrictions put overseas AI tools backed by China in limbo

An abrupt decision by American artificial intelligence firm Anthropic to restrict service to Chinese-owned entities anywhere in the world has…

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New Business

Tech war: US start-up Anthropic blocks Chinese firms’ subsidiaries worldwide from AI access

US artificial intelligence start-up Anthropic has updated its service restriction policy to prohibit access from global subsidiaries of Chinese companies…

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New Business

Chinese firms still want Nvidia chips despite Beijing pressure not to buy, sources say

Alibaba Group Holding, ByteDance and other Chinese tech firms remained keen on Nvidia’s artificial intelligence chips despite regulators in Beijing…

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New Business

Chinese companies could start making money from AI agents next year, UBS says

Chinese companies could start making money from their artificial intelligence agents – software systems that use AI to autonomously plan…

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New Business

Ant Group acquires stake in Chinese memory chip firm InnoStar in self-sufficiency push

Shanghai Yunya Enterprise Management Consulting, a wholly owned subsidiary of Ant Group, recently snapped up a 1.87 per cent shareholding…

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New Business

China’s social media platforms rush to abide by AI-generated content labelling law

The law, which was issued in March, requires explicit and implicit labels for AI-generated text, images, audio, video and other…

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New Business

Tesla upgrades EV voice assistant system with AI from DeepSeek and ByteDance

DeepSeek’s namesake chatbot would be used for “AI interaction”, which enables a Tesla EV’s driver to have casual conversations with…

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New Business

Nvidia halts H20 AI chip production amid China concerns: report

Nvidia has told some component suppliers to suspend production of its H20 AI chip, designed specifically for the Chinese market,…

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