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Can China fund its AI ambitions? Ex-Google CEO Eric Schmidt casts doubt

China’s designs on supremacy in artificial intelligence could be hindered by a funding gap in the sector, according to former…

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New Business

AI dominates venture capital investing in 2025, pulling in US$192.7 billion

Venture capitalists poured US$192.7 billion into artificial intelligence start-ups so far this year, setting new global records and putting 2025…

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New Business

Tesla’s Elon Musk becomes first person to hit US$500 billion net worth, Forbes list shows

Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of US$500 billion, propelled…

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New Business

China’s DeepSeek gives Europe’s tech firms a way to catch up in global AI arms race

Hemanth Mandapati, boss of German start-up Novo AI, was an early adopter of DeepSeek technology when he switched to the…

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Tech

Exclusive | China’s ‘rising star’ in chip design software cuts up to half its workforce amid market headwinds

A leading Chinese chip design software start-up is slashing as much as half of its workforce, casting a shadow over…

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