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Meta Platforms to spend US$65 billion on AI infrastructure in 2025: Mark Zuckerberg

The company intends to use the funds to build a data centre “so large that it would cover a significant…

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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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New Business

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the…

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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

CES 2025: Chinese firms show leading AI-powered robots, EVs, smart glasses

Chinese companies made their presence felt at the tech industry’s annual flagship event CES 2025, in terms of the number…

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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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Alibaba ties up with Lee Kai-fu’s unicorn as China’s AI sector consolidates

Alibaba Group Holding’s cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial intelligence (AI) models, a sign…

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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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ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching…

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New Business

Explainer | Why ChatGPT creator OpenAI plans transition to public benefit corporation

ChatGPT creator OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation…

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