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New Business

Tech war: Chinese AI models led by DeepSeek catch up with US rivals at lower prices

China’s home-grown artificial intelligence (AI) models are rapidly closing their performance gap with leading US rivals while offering significantly lower…

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New Business

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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New Business

Alibaba’s Joe Tsai: Xi Jinping’s entrepreneur meeting fuels business confidence in China

President Xi Jinping’s high-profile meeting with technology business leaders last month significantly enhanced the confidence of Chinese companies, prompting Alibaba…

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New Business

Chinese state science fund calls for algorithm research after studying DeepSeek models

The Chinese state foundation in charge of allocating funds for basic research said artificial intelligence (AI) development should not be…

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New Business

Future of Made-in-China: UBTech Robotics deploys first humanoid ‘team’ in car factory

A Shenzhen-based humanoid robot maker said it has deployed “dozens of robots” in an electric vehicle (EV) factory where they…

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New Business

DeepSeek lowers cost of AI adoption for businesses across Southeast Asia: experts

DeepSeek’s advanced artificial intelligence (AI) models have lowered the cost of adopting the technology for Southeast Asia’s small and medium-sized…

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New Business

DeepSeek halts account top-ups as AI models rival ChatGPT’s popularity

DeepSeek has temporarily stopped developers from topping up their accounts to access the Chinese start-up’s artificial intelligence (AI) models, a…

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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

China’s ByteDance in race with US rivals to drive artificial general intelligence

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general…

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