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New Business

SoftBank, OpenAI tie up to develop AI for Japan as DeepSeek rises

SoftBank Group and OpenAI will create a joint venture to develop and sell artificial intelligence (AI) services to businesses across…

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New Business

From housekeeping to AI: Hong Kong start-up Butler turns profit with tech pivot

Seven-year-old Hong Kong start-up Butler has turned a profit, driven by its artificial intelligence (AI)-based platform designed to help property…

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New Business

DeepSeek outage adds to growing pains amid political scrutiny, but some see opportunity

Days after allegations of a cyberattack against the hot Chinese artificial intelligence (AI) start-up DeepSeek, the company continues to face…

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New Business

Is DeepSeek’s AI ‘distillation’ theft? OpenAI seeks answers over China’s breakthrough

Since Chinese artificial intelligence (AI) start-up DeepSeek rattled Silicon Valley and Wall Street with its cost-effective models, the company has…

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New Business

Alibaba launches new AI model targeting rival DeepSeek, China’s hottest start-up

In a statement posted on WeChat, the e-commerce giant’s cloud computing and AI arm Alibaba Cloud said its new Qwen…

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New Business

China’s DeepSeek shocked the tech world. Can its home province do it again?

As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models –…

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New Business

Explainer | How tech start-up DeepSeek emerged as the unlikely game changer in US-China AI war

The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built…

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New Business

Explainer | What DeepSeek’s success means for Nvidia and costly GPU-driven AI growth

The first major casualty of the success of Chinese artificial intelligence (AI) start-up DeepSeek has turned out to be Nvidia,…

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New Business

DeepSeek breakthrough raises investor concerns over the need for massive AI spending

A little-known Chinese start-up, whose affordable technology matches the likes of the most formidable American tech titans such as OpenAI…

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New Business

Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout

Hong Kong stocks rose, bucking losses in regional markets, on speculation global funds will switch from expensive US tech companies…

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