Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
Malaysia's resource anxiety tests Asia's fastest data centre build-outIn Johor, China's ZDATA told Reuters its data centre operates solely on treated wastewater, and it is finalising a renewable energy deal wi...
Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
Chinese tech firm manager sacked after leaked payslip reveals his approximately Rs 5 crore salaryA manager in China has been fired after his 4.5 crore salary became publicly known, per SCMP. Tencent dismissed the employee, identified as...
China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
The geopolitics of AI: Why WAICO mattersChina's formation of the World Artificial Intelligence Cooperation Organization marks a pivotal moment in the global AI landscape, marking ...
Pocket-size AI: Powerful phones star at China showTech firms are developing AI agent smartphones that could revolutionize mobile use. These advanced phones aim to perform tasks using voice ...
China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
China's Moonshot unveils world's largest open AI model, closing in on US rivalsThe launch, which comes a month after Anthropic's Fable and Mythos models were abruptly withdrawn by the U.S. government due to security co...
Chinese filing implies DeepSeek valuation of around $52 billionThe stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, whic...
'Like my lover': Chinese users bid farewell to AI companionsChina implemented new rules on Wednesday to limit emotional reliance on AI companions. Major AI providers suspended custom agent and compan...
Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
Tencent in talks to become AI startup Manus' largest shareholderTencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less th...