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CHINA TECH INDUSTRY NEWS
OpenAI spending hit $34 billion last year ahead of planned IPO: ReportAudited financial figures show the ChatGPT maker spent about $19 billion on research and development in 2025 and nearly $6 billion on sal...
Alibaba unveils AI models for robots, amid shift from chatbots to agentsChinese tech and ecommerce giant Alibaba unveiled on Tuesday its first suite of AI models for robots, as China's tech industry shifts i...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
China launches national AI pilot base for steel industryChina has launched a new AI application pilot base in Nanjing for its metallurgical sector. This initiative aims to accelerate the adoption...
AI replaces Paul the Octopus for 2026 World Cup tipsChatGPT and Claude are betting on Spain. Another news site, Decrypt, received similar results from western chatbots like ChatGPT and Anthro...
OpenAI considers drastic price cuts, anticipating war for users with Anthropic: ReportThe ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman...
OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centersThe company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Bosch CEO notes rising memory chip prices but says bottlenecks not an issue"In the coming years, we will likely have to expect significantly higher memory chip prices, and that will affect all of us," CEO Stefan ...
Applied Materials can respond to rise in demand with eight quarters of lead time, CEO saysDickerson was speaking at a press conference before the opening of Applied Materials' new facility in Singapore.
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
Jin Ze Death Update: How did the Chinese star die? Check cause of death amid social media buzzChinese actor Jin Ze, real name Zhang Jiawei, has died at 33. His agency confirmed his passing on June 6, 2026, at his Hangzhou home. Jin Z...
Another Yu Menglong like death? Chinese actor Jin Ze dies at 33; here’s what we know so farChinese actor Jin Ze, real name Zhang Jiawei, has passed away at 33. His agency confirmed his death at his Hangzhou home on June 4, 2026. A...
China bets on AI to promote President Xi Jinping's thinkingThe project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Ji...