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Tech

China’s AI-related companies total 1.67 million in first half of 2024 amid ChatGPT frenzy

Mainland China added more than 237,000 new companies involved in artificial intelligence (AI) during the first half of this year,…

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Tech

China approves 487 deepfake algorithms from the likes of Baidu, Alibaba and Tencent

The new list from the internet watchdog Cyberspace Administration of China (CAC) is the second-largest since the regulation came into…

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New Business

Opinion | The great stock market reset is on its way

Such questions may seem frivolous or abstract when markets are inflating rapidly but they take on critical importance once things…

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Tech

Microsoft gains major AI client as TikTok spends $20 million

Where many have struggled to turn their cloud services into a profitable endeavour, Microsoft has stood out by integrating OpenAI’s…

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Tech

Microsoft’s slow cloud growth signals AI payoff will take longer

Microsoft said its capital spending rose 77.6 per cent to US$19 billion in its fiscal fourth quarter that ends June…

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Tech

Delta Air Lines hires lawyer to seek damages from CrowdStrike, Microsoft over software outage

His law firm, Boies Schiller Flexner, and Delta did not respond to requests for comment. While no lawsuit has been…

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Tech

Tencent, Microsoft, Amazon pitch AI tools for video game developers at ChinaJoy expo

Citing an example, Chen said large language models – the technology underpinning GenAI services like ChatGPT – have helped shorten…

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New Business

China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says

The number of ultra-wealthy, defined as individuals with a net worth of more than US$30 million, in China fell for…

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Tech

CrowdStrike-Microsoft outage: Chinese cybersecurity firms take victory lap

Chinese cybersecurity companies are taking advantage of the massive Microsoft Windows outage that upended businesses and grounded flights around the…

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Tech

CrowdStrike-Microsoft outage: China avoids disruption on back of cybersecurity drive

QAX, a spin-off from the enterprise business of Shenzhen-listed 360 Security Technology, said organisations on the mainland should “prioritise domestic…

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