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China’s open-source models make up 30% of global AI usage, led by Qwen and DeepSeek

China’s open-source artificial intelligence models accounted for nearly 30 per cent of total global use of the technology, while Chinese-language…

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New Business

Hong Kong’s HKChat raises AI expectations as 90,000 users join app in debut week

Hong Kong’s first locally developed artificial intelligence chatbot, HKChat, has raised expectations that it could compete with more popular and…

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New Business

Fair wages: China’s young jobseekers take their résumés to trade expos

As China’s youth continue to struggle to find jobs suited to their skills and background, some enterprising hopefuls are making…

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New Business

More than 90% of Hong Kong’s AI supercomputing capacity in use, Cyberport says

Hong Kong’s ambition to create an artificial intelligence (AI) ecosystem is bearing fruit, with more than 90 per cent of…

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New Business

Alibaba unveils new AI model for image creation, as open-source approach gains recognition

Alibaba Group Holding has launched a new artificial intelligence (AI) model, Qwen VLo, said to be capable of generating and…

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New Business

Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say

Hong Kong must grow and nurture its pool of talent in the insurance industry to compete with other financial centres…

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