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CHINESE AI FIRMS
China's MiniMax sees revenue nearly quadruple in first half as AI demand surgesRevenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-s...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
India AI policy: Pragmatism before sovereigntyNavigating the road to AI sovereignty, India confronts numerous hurdles amid fierce global rivalry. A pragmatic approach suggests that some...
Vibe-coding apps gun for Indian geek loveCursor, OpenAI and Anthropic are turning up the heat in the race to win India’s fast-growing tribe of AI builders, writes Swathi Moorthy. T...
Workers in China worry over being replaced as they adapt to the growing impact of AI on jobsRapid adoption of AI in many fields, from computer programmers to script writing and physical tasks, is pushing people out of their jobs or...
Alibaba proposes $10 billion share placement to fund global AI driveThe Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the...
Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
Nvidia denies report it is rolling out China AI chip by year-end"The reporting in The Information on Nvidia's LPU is incorrect. We have no LPU sales in the China market today, and no China-specific LPU...
Chinese visa impact hits Indian physical AI startupsBeijing's move to refuse visas to Indian executives is also impacting other sectors such as automotive parts and electronics, which have st...
Citi, HSBC, StanChart adopt Ant International's forex AI toolThe Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including ...
Uber launches autonomous rides in Zagreb, its first in EuropeCurrently, riders can book robotaxis in key areas in Zagreb, including the city center, with service availability and geographic coverage e...
Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
Hong Kong Exchange posts record profit as AI, tech IPO boom drives fundraisingHong Kong Exchanges and Clearing posted record first-half 2026 results, with profit rising 24% to HK$10.6 billion. Strong IPO activity, par...
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
Global Market: Trump-backed World Liberty partners with platform offering Chinese AI modelsTrump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers access to Chinese and US AI models. The ...
How Trump and his family are profiteering from Chinese AI which his administration labels as dangerous for the USAmid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...
At Beijing AI-themed bar, DeepSeek tokens come with the pintsAs AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems s...
Trump crypto firm backs venture offering AI from restricted Chinese companiesWorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment....
Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...