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Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....- Alibaba unveils new AI chip in push for domestic alternativesAlibaba has launched its new Zhenwu M890 AI chip, offering triple the performance of its previous model. This development is part of China'...
- Semaglutide API price plunges amid GLP-1 rushGlobal demand for weight-loss drugs Ozempic and Wegovy has caused semaglutide prices to drop significantly. Manufacturing has expanded rapi...
- Dr Reddy's gets nod to roll out generic oral semaglutide drug"The formulation was clinically evaluated in a head-to-head comparative study conducted in India, which established the non-inferiority to ...
- DeepSeek V4 model to use Huawei chips? But, can Huawei truly match Nvidia in power and scaleDeepSeek is moving V4 AI model to Huawei chips, reducing reliance on Nvidia hardware. This shift reflects China’s AI independence strategy ...
- DeepSeek goes down for seven hours in biggest outage since debutDeepSeek’s chatbot in China experienced a rare seven-hour outage, disrupting users overnight. The startup deployed multiple updates to fix ...
- China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
- Alibaba leads $140 million funding round in X Square RobotThe Hangzhou-based company has said it plans to spend $53 billion on AI infrastructure over three years in a major pivot. Artificial intell...
- The coder 'village' at the heart of China's AI frenzyIn Hangzhou’s Liangzhu suburb, a thriving AI startup scene is emerging, driven by young coders, government support, and low living costs. E...
- China's Deepseek cuts off-peak pricing by up to 75%Usage costs during this timeframe for the API of the hit R1 and V3 models would be 75% and 50% cheaper, respectively, according to the Hang...
- Six top Chinese startups, commonly known as the Six Little Dragons, catapult this city as the next tech hub of China; here's all about itHangzhou is rapidly emerging as a major technological hub of China, and the rise of local startups are major current contributor to the sam...
- Alibaba unveils open-sourced AI model similar to Meta's Llama 2The Hangzhou-based company said it will open-source two large language models (LLM), a type of AI model, named Qwen-7B and Qwen-7B-Chat on ...
- Ant Group profit falls 56% amid overhaulAnt is waiting for a financial holding company license, more than two years after authorities torpedoed its planned initial public offering...
- China's anti-corruption watchdog involved in probe of Jack Ma's AntThe Central Commission for Discipline Inspection (CCDI) was seeking to understand the influence of Ma's fintech empire and the extent of it...
- Alibaba fights fake university, shopping mallsChina's e-commerce giant Alibaba said fake universities and shopping malls had illegally used the name of its online shopping sites.
- Alibaba-backed taxi app to raise $500 millionThe Hangzhou-based company will issue new shares and receive investment from Alibaba, SoftBank Corp and Tiger Global Management, a source s...
- Alibaba Group's Jack Ma refutes rumours of migrating to Hong KongSpiking online rumours, he said he has no plans to emigrate to Hong Kong, a former British colony now under Chinese sovereignty.
- Microsoft, China's Hangzhou set 'model city' pactMicrosoft Corp announced a partnership aimed at helping make the eastern Chinese city of Hangzhou a model for innovation and protection of ...
- Morgan Stanley buys stake in Chinese trust bankMorgan Stanley has completed a deal to buy a 19.9 pc stake in a medium-sized Chinese trust bank.
- Danone files lawsuit against Chinese partnerGroupe Danone, the world’s biggest yoghurt maker, said it filed a US lawsuit against units of its Chinese partner, Hangzhou Wahaha Group.
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