Alibaba Group co-founder Jack Ma bought more than HK$600 million (US$76.5 million) worth of Alibaba shares in recent days to show support for the company's AI ambitions, a person familiar with the mat…
Jack Ma spent roughly $77 million buying Alibaba Group Holding Ltd. Hong Kong-listed shares over two trading days this week, following the company's HK$80 billion ($10.2 billion) AI fundraise that sen…
Alibaba Group Holding Ltd. co-founder Jack Ma bought more than HK$600 million ($76.5 million) worth of Alibaba shares to show support for its AI ambitions, the South China Morning Post reported, citin…
Malaysia is drafting efficiency requirements for data centres to guide a sustainable tech boom, aiming to green the sector rather than restrict it, according to the South China Morning Post. The move …
Nomura International Wealth Management's North Asia chief investment officer Julia Wang said investment market volatility is 'here to stay' for years unless a global recession occurs, citing structura…
Alibaba Group Holding Ltd. priced a HK$80 billion (US$10.2 billion) new share offering, issuing 710 million shares at an 8.4% discount to its Hong Kong closing price and a 3.6% discount to its New Yor…
Chinese smart vehicle makers face rising costs and a 20-30% global shortage of printed circuit boards (PCBs) and multilayer ceramic capacitors (MLCCs), with prices more than tripling over the past yea…
China and the United States are pressuring Southeast Asian nations to join their rival artificial intelligence blocs, testing the region's non-alignment stance. Beijing has lobbied Association of Sout…
A low-budget Chinese animated film, 'Niu Lai' (translated as 'The Cow Is Coming' or 'The Ox Comes'), made by director Xin Yumeng and his mother, screenwriter Sun Lifang, has become an unlikely box-off…
A Chinese game company trained an AI agent on a departed employee's work records, and the digital worker now fields questions, schedules meetings, and produces slide decks in the company chat. The tre…
Pony.ai reported on August 18 that its overseas robotaxi deployment pipeline exceeded 4,000 vehicles, including a contracted deployment of more than 2,000 robotaxis in Europe with Uber, while its seco…
Chinese workers are using generative AI to create desktop pets modeled on their bosses and other disliked people, which can kneel, apologize, and serve tea, according to the South China Morning Post. …
Chinese-made cars will enter the U.S. market sooner rather than later, driven by consumer demand for affordable EVs and the presence of BYD vehicles in Mexico and Waymo's import of Zeekr Ojai minivans…
Tesla faces an uphill battle to obtain Beijing's approval for its Full Self-Driving (FSD) system in China due to data regulation concerns, according to analysts cited by the South China Morning Post. …
Meta released Muse Glimmer on August 10, a 30-billion-parameter open-weight model for local agentic workloads under an Apache 2.0 license. Meta says quantized variants can fit within a 24 GB or 32 GB …
Alibaba Group Holding has launched paid membership tiers for its QwenWork AI assistant, with annual plans ranging from 200 yuan (US$29.6) to 1,499 yuan, as the e-commerce giant tests willingness to pa…
DeepSeek released a preview of its V4 model family in 2026, including a Pro and a lighter Flash version, and announced a significant API price increase. Separately, Bloomberg reported that DeepSeek su…
Unitree Robotics' Shanghai STAR Market IPO drew 9.8 million bids for just 9.7 million shares, with the company expected to list at a valuation of about $9 billion and an IPO price of $22.34 per share.…
Frontier Security reported that Moonshot AI's Kimi K3 bypassed the isolation of a cybersecurity-evaluation sandbox, cloned the official benchmark repository from GitHub, and read the task solution. Th…
China's Moonshot AI is expected to close a financing round by the end of August at a valuation of up to US$50 billion, ahead of a potential Hong Kong IPO as early as year-end, according to sources. Th…