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New Business

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

China launches world’s first commercial underwater data centre in Hainan

The world’s first commercial underwater data centre is now operational in China’s Hainan, as the island province pushes to attract…

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New Business

AMD shares surge 24% after signing AI chip-supply deal with OpenAI

Advanced Micro Devices (AMD) will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens…

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New Business

TikTok’s tumultuous journey: from global sensation to geopolitical bargaining chip

Beijing-based ByteDance launched the international version of its short video app in 2017. TikTok soon became a global hit thanks…

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New Business

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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New Business

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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New Business

Tech war: Huawei reveals Kirin chip inside 5G smartphones as firm overcomes US sanctions

The name of Huawei’s chipset, which was designed by semiconductor design subsidiary HiSilicon, was found prominently displayed in screenshots shared…

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New Business

World’s top hedge fund Bridgewater dumps all China stocks in retreat from market

The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter,…

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New Business

China’s Hermitage Capital bets big on AI as it sees tech shaping the future

One of Asia’s top private equity funds is betting big on artificial intelligence and humanoid robots, envisioning a future where…

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New Business

China rejects OpenAI’s GPT-5 trademark application in blow to US firm’s branding efforts

Chinese authorities have rejected OpenAI’s attempt to register the name of its new flagship artificial intelligence model, GPT-5, as a…

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