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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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New Business

Baidu founder Robin Li predicts ‘exponential’ boom in AI apps in 2025

The founder of Baidu, an artificial-intelligence (AI) pioneer in China that unveiled its own large language model (LLM) just months…

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New Business

Meet DeepSeek: the Chinese start-up that is changing how AI models are trained

Chinese start-up DeepSeek has emerged as “the biggest dark horse” in the open-source large language model (LLM) arena in 2025,…

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New Business

Troubled self-driving truck firm TuSimple rebrands as CreateAI, launches AI model

Troubled autonomous truck company TuSimple Holdings has rebranded itself CreateAI, as it walks away from costly self-driving technology development and…

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New Business

China’s ByteDance, Alibaba, Tencent seek fresh talent at ‘Olympics of AI’

At NeurIPS to be held in Vancouver, Canada, from December 10 to 15, TikTok parent ByteDance, Alibaba advertising unit Alimama…

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