The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week,…
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Chinese start-up Moonshot AI has released a new open-source artificial intelligence (AI) model, called Kimi K2, that is touted to…
Read More »Hong Kong stocks advanced on Friday, putting the city’s benchmark on track for a weekly gain on expectations for improved…
Read More »Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million),…
Read More »Alibaba Group Holding’s cloud computing unit continued to lead the industry in the March quarter, with a commanding 33 per…
Read More »Beijing-based Baidu has now enlarged the mobile app’s search bar and turned it into a “smart box” that supports long…
Read More »Huawei’s advanced AI chip initiative, however, suddenly faced a major obstacle a year later in August 2020, when the US…
Read More »Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an…
Read More »Mainland Chinese households are sitting on 160 trillion yuan (US$22 trillion) in cash, mostly stashed away in bank time deposits,…
Read More »Amap, the mapping and local services business under Alibaba Group Holding, has introduced a ride-hailing feature on the platform’s English…
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