GenAI

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Hong Kong Monetary Authority picks second batch of banks, tech firms to test AI in finance

The Hong Kong Monetary Authority (HKMA) has picked the second batch of use cases for testing of generative artificial intelligence…

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Alibaba, Baidu lead China’s AI cloud boom as market surges 55% to US$2.7 billion

Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as…

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China’s Guangxi province launches ‘AI super league’ to nurture Asean-facing start-ups

The competition, titled “AI for All”, will run through September and features 17 tracks, including automobile, tourism, cross-border e-commerce, smart…

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DeepSeek, Unitree Robotics host head of China’s state-owned firm regulator on Zhejiang tour

As part of his two-day visit to east Zhejiang province, where the two companies are based, Zhang aimed to learn…

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CK Asset-backed NEXX Global turns to Middle East to hedge against rising US-China tension

Chinese companies are stepping up efforts to unlock business opportunities in the Middle East to hedge against worsening US-China trade…

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GenAI investment can spur ‘co-working’ potential in financial industry, Moody’s says

Investment in generative artificial intelligence (GenAI) has increased exponentially in the financial services industry to unlock the “co-working” potential of…

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From gifted student to AI hero, DeepSeek’s founder Liang Wenfeng inspires a nation

Not long ago, few people in China had heard of Mililing, a sleepy village nestled in a remote corner of…

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Tencent offers 28,000 internships as China grapples with youth unemployment

Chinese technology giant Tencent Holdings announced a significant campus recruitment initiative on Thursday, offering 28,000 internships over the next three…

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Hong Kong’s finance sector embraces GenAI, with adoption to reach 90% in 5 years: survey

The adoption of generative artificial intelligence (GenAI) in Hong Kong’s financial services industry is gathering pace, with a study showing…

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China’s Sora-like Vidu breaks into Hollywood with deal to produce GenAI anime series

A Chinese text-to-video generation start-up said it has signed a deal with a US animation studio to produce an artificial…

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