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New Business

World’s top AI brains debate if DeepSeek’s model is a game changer

Major figures in artificial intelligence (AI) acknowledge the accomplishment of Chinese start-up DeepSeek, but caution against exaggerating the company’s success,…

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New Business

Ex-JPMorgan executive, Hong Kong entrepreneurs launch GenAI-powered logistics platform

A former JPMorgan banker has joined forces with two Hong Kong entrepreneurs to launch NEXX Global, a smart logistics technology…

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New Business

Macroscope | Why DeepSeek disruption is the China risk Wall Street can’t ignore

Ever since China Evergrande Group collapsed in 2021, triggering a full-blown crisis in China’s property sector, Wall Street has been…

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New Business

Explainer | How tech start-up DeepSeek emerged as the unlikely game changer in US-China AI war

The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built…

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New Business

DeepSeek breakthrough raises investor concerns over the need for massive AI spending

A little-known Chinese start-up, whose affordable technology matches the likes of the most formidable American tech titans such as OpenAI…

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New Business

SenseTime plans to spin off healthcare platform in effort to capitalise on advanced LLMs

Hong Kong-listed SenseTime is set to spin off its healthcare platform to facilitate growth, capitalising on the rapid advancements in…

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New Business

Beijing meeting puts spotlight on China’s new face of AI, DeepSeek founder Liang Wenfeng

Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of…

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New Business

Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple has formed a new data-processing venture in Shanghai, according to business registry information, as the US tech giant’s bid…

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New Business

Chinese start-up 01.AI founder Lee Kai-fu denies rumours of asset sale to Alibaba Cloud

In a WeChat post on Tuesday, the start-up denounced as “vicious slander” recent talk that it was looking to sell…

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New Business

Chinese AI firm SenseTime downsizes Singapore office amid post-ChatGPT competition

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to…

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