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Wednesday 15 January 2025
US AI chip export control looms over China cloud computing giants
The latest US restrictions on AI chip exports have sent shockwaves through the global tech industry, casting a shadow over China's burgeoning tech sector. The restrictions create...
Monday 6 January 2025
Chinese AI firm SenseTime cuts back on Singapore office space
SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time when it is struggling to compete in the post-ChatGPT era.
Friday 3 January 2025
China's AI firms gain ground with open-source strategy
The development of AI models in China has progressed at an impressive pace, with a proactive embrace of open-source strategies in recent years. These efforts have not only garnered...
Friday 3 January 2025
China accelerates LLM development as ByteDance's AI spending rivals BAT combined
DeepSeek, an emerging AI company, has launched DeepSeek-V3, the first version of its new open-source model series. According to official data, this model outperforms other leading...
Friday 3 January 2025
China's LLM market reached a boiling point, Alibaba cuts prices again to capture market share
Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has recently slashed prices on its visual language model Qwen-VL by more than 80%, as price wars continue to rage...
Thursday 2 January 2025
Alibaba to sell Sun Art to buyout firm DCP for US$1.6 billion
Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Friday 27 December 2024
Alibaba, E-Mart to create US$4 billion e-commerce JV in Korea
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online...
Thursday 26 December 2024
Chinese Data Center Operator Yovole Is Said to Consider US IPO
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator's failed attempt to list in mainland...
Wednesday 18 December 2024
Zhipu AI secures US$412 million with backing from Alibaba, Tencent
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Thursday 7 November 2024
Huawei's HarmonyOS faces commercialization challenges, receives boost from digital yuan applications
Huawei's HarmonyOS is encountering significant hurdles in its path to successful commercialization. However, since its launch, Huawei has integrated the digital yuan into HarmonyOS,...
Wednesday 23 October 2024
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market...
Tuesday 15 October 2024
Status of domestic AI chip development in China

Introduction

Monday 23 September 2024
Alibaba reveals open-source Qwen2.5 model; surpasses Meta's Llama 3.1 in performance
China's Alibaba has announced the launch of a new generation of open-source large language models (LLMs), titled the Qwen2.5 series. Notably, Qwen2.5 has outperformed Meta's Llama...
Thursday 11 July 2024
Chinese AI models show strength and resilience amid US sanctions
Chinese AI companies showcased resilience and innovation at the 2024 World AI Conference (WAIC 2024) amid the US's tightening AI chip export sanctions.
Monday 1 July 2024
Alibaba to suspend data center operation in India and Australia
Alibaba Group Holding's cloud computing division, Alibaba Cloud, has announced plans to discontinue its data center operations in Australia and India as part of a strategic shift...
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research