Market distortions and trillion-dollar bubbles: the reality of the AI boom
By Da Cheung The artificial intelligence boom is sweeping across global financial markets, creating a wave…
Tencent bets WeChat’s future on AI as Xiaowei reshapes the super app
By Huang Qingchun Tencent (0700.HK) is quietly attempting the biggest overhaul in the history of WeChat,…
Ant Group prepares biggest overhaul of Alipay in two decades with AI-powered reboot
By Chen Ran Fintech giant Ant Group is preparing to launch an AI-powered version of Alipay in what would be…
Tencent says WeChat is working with smartphone makers on AI assistant features
By Fan Jialai WeChat, Tencent’s super app that integrates messaging, payments, shopping and millions of mini-programs, has confirmed…
Tencent’s AI chief pushes back against ‘laggard’ criticisms, says group is playing the long game
By Lian Ran Tencent’s chief AI scientist has pushed back against criticism that the company has…
Why Liang Wenfeng needs 70 billion yuan for DeepSeek
By Song Sihang For much of the past 18 months — from the launch of DeepSeek…
Top AI researchers command celebrity-level pay as China’s talent war intensifies
By Chen Jiahui and Zhao Lei China’s race to dominate artificial intelligence is driving researcher pay…
Alibaba and Tencent burn through billions in AI race, putting profits under pressure
By Xu Yang China’s two biggest internet groups are pouring unprecedented sums into artificial intelligence, sacrificing…
Ximalaya’s IPO dream dies as Tencent finally seals takeover of China’s ‘audio king’
By Du Chen After more than a decade dominating China’s online audio market, Ximalaya has abandoned its long-running…
Kuaishou mulls spin-off of Kling AI video generation unit, seeking $20 billion valuation
Kuaishou Technology (01024.HK) is planning to spin off its Kling AI video-generation model business and raise $2 billion, giving…
Latest
- Han’s CNC rides AI infrastructure boom, but expansion brings new risks
- China demonstrates novel net-catch rocket recovery system as it races to close the gap with SpaceX
- China turns to molten salt to tackle renewable energy storage bottlenecks in the national grid
- Dramatic slowdown in China’s range-extended electric vehicle market raises concerns over Xiaomi’s strategy
- Biokin’s new cancer drug secures historic approval in China, but Western regulatory hurdles loom
