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Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri

Following an extensive evaluation period, the two companies are now finalising an agreement that would give Apple access to Google’s…

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New Business

OpenAI to pay Amazon US$38 billion in 7-year cloud services deal

OpenAI has signed a seven-year, US$38 billion deal to buy cloud services from Amazon.com, in its first big push to…

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Google, Anthropic unveil cloud deal worth tens of billions of dollars

Alphabet’s Google will supply up to 1 million of its specialised artificial intelligence chips to Anthropic, a deal worth tens…

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China’s lesson for the US: it takes more than chips to win the AI race

When Alibaba Group Holding’s CEO Eddie Wu Yongming took the stage at the company’s annual Apsara conference in Hangzhou on…

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New Business

OpenAI releases social app for sharing AI videos from Sora, challenging TikTok and Meta

OpenAI is releasing a stand-alone social app for making and sharing artificial intelligence-generated videos with friends, an attempt to supercharge…

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Xiaomi unveils 17-series smartphones, ramps up efforts in premium handset market

The models unveiled at an event in Beijing were the standard Xiaomi 17 and flagship models, the Xiaomi 17 Pro…

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Trump’s US$100,000 H-1B visa threatens India’s US$280 billion IT services sector

Donald Trump’s sticker shock on H-1B visas risks disrupting Indian tech firms’ US projects, and is forcing Prime Minister Narendra…

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How Alibaba builds its most efficient AI model to date

A technical innovation has allowed Alibaba Group Holding, one of the leading players in China’s artificial intelligence boom, to develop…

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Alibaba releases next-generation Qwen3 model as AI rivalry intensifies

Alibaba Group Holding on Friday open-sourced its latest artificial intelligence model, built on the new Qwen3-Next architecture, which is 10…

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Post-war, rules-based global order dying, European Union warns in new report

After months of being pummelled with trade tariffs and security threats from the United States and years of pushing back…

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