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Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
- Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to ChinaArm Holdings CEO Rene Haas said on Tuesday that it would be difficult to block the export of CPUs to China that are useful for AI becaus...
- Korean chipmakers face critical trade-offs over China exports post Trump-Xi talksKorea's chip industry faces a dilemma as US-China talks on tech exports and rare earths unfold. While potential sales in China beckon, manu...
- US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
- Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- ByteDance targets 25% rise in AI infrastructure spendingByteDance has significantly increased its AI infrastructure spending by 25% to 200 billion yuan ($29.4 billion) this year, driven by rising...
- Thailand's SiamAI denies exporting US AI servers to ChinaBangkok-based SiamAI has denied allegations of exporting AI servers to China, stating full compliance with US export control laws. The comp...
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
- China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
- China to curb US investment in tech companies: ReportChinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms t...
- Tesla registers its AI-driven voice assistant in ShanghaiTesla has registered its voice assistant feature, which is powered by a generative artificial intelligence (AI) model, with China's cybersp...
- China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
- Indian digital ad market likely to double to USD 22 bn by 2030: ReportIndia's digital advertising market is set for significant growth. Projections indicate it will double in five years, reaching up to 22 bill...
- Chinese startup ShengShu raises $293 million to advance artificial general intelligenceFounded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model wh...
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