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Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

“We have seen the trend that users are more willing to interact with AI, which means virtual characters are an…

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Tech

Exclusive | PolyU’s top AI scientist Yang Hongxia seeks to revolutionise LLM development in Hong Kong

At present, Yang said LLM development has mostly relied on deploying advanced and expensive graphics processing units (GPUs), from the…

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Tech

Chinese auto chip designer Black Sesame to raise up to US$143 million in Hong Kong IPO

Based in Wuhan, capital of central Hubei province, Black Sesame plans to float 37 million shares at a price range…

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Tech

Baidu, investors said to be in talks to raise US$2 billion for biotech start-up using AI technology

Chinese tech giant Baidu is in talks with investors to raise up to US$2 billion over three years for a…

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Tech

China’s WeRide raises US$200 million from bus maker Yutong Group as autonomous driving race heats up

Chinese autonomous driving start-up WeRide has raised US$200 million in Series B1 funding from China’s top commercial bus manufacturer, Yutong…

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New Business Jobs

Nvidia preparing a version of new Blackwell AI chip for China market, sources say

The sources declined to be identified as Nvidia has yet to make a public announcement. A spokesman for Nvidia declined…

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New Business Jobs

Alibaba sees AI talent depart to start own business amid China’s unicorn boom

Algorithm engineer Zhou Chang, who worked on the Tongyi Qianwen large language models (LLMs), has decided to leave Alibaba’s cloud…

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Tech

Hong Kong blockchain gaming firm Animoca sets sights on recovery after listless 2023

Animoca said its cash and stablecoin balance declined to US$175 million at the end of 2023, from US$194 million as…

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