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Tech

TikTok owner ByteDance hires prominent talent from start-ups in long-term commitment to AI

ByteDance, the owner of TikTok and its Chinese sibling Douyin, is furthering plans to boost its research capabilities in large…

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Tech

Sensetime’s generative AI growth pushes revenue up 21% in first half

Chinese artificial intelligence giant SenseTime has seen revenue jump more than 20 per cent this year on the back of…

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Tech

China’s Kuaishou steps up monetisation of AI video generation services with new price plan

Chinese short-video app operator Kuaishou Technology is offering a monthly subscription to its Sora-like artificial intelligence (AI) video generating service,…

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Tech

Baidu blocks Google, Bing from scraping content amid demand for data used on AI projects

Chinese internet search giant Baidu appears to have started blocking the online search engines of Alphabet’s Google and Microsoft’s Bing…

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Tech

ByteDance’s CapCut, Doubao top global AI app downloads, outpacing ChatGPT: report

Video-editing app CapCut recorded 38.42 million downloads in July, while chatbot Doubao achieved 27.45 million downloads to outperform OpenAI’s ChatGPT,…

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Tech

Hong Kong issues generative AI guidelines to banks to avoid bias against consumers

Hong Kong’s de facto central bank is urging financial institutions in the city to follow a new set of guidelines…

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Tech

Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

“We have seen the trend that users are more willing to interact with AI, which means virtual characters are an…

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Tech

More than 600 million on mainland now use LLMs amid rapid growth in GenAI adoption: report

The tally of mainland users of commercially released LLMs shows the rapid adoption of GenAI technology in the world’s second-largest…

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New Business

Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

Huawei is already working with weather forecasters in Thailand to adopt Pangu LLM, while also collaborating with various industries such…

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Tech

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details…

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