Contemporary Amperex Technology Ltd (CATL), China’s electric vehicle (EV) battery king, plans to earmark 30 billion yuan (US$4.4 billion) to…
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Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors…
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ByteDance’s TikTok to invest more than US$37 billion in Brazil data centre
ByteDance’s TikTok will invest more than 200 billion reais (US$37.7 billion) to build a data centre in Brazil, marking its…
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Microsoft, Nvidia to invest in Anthropic as Claude maker commits US$30 billion to Azure
Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a US$30 billion commitment by the…
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Deloitte China to hire 1,000 staff, invest US$64 million in Hong Kong over next 4 years
Deloitte China plans to hire about 1,000 people in Hong Kong and invest HK$500 million (US$64 million) over the next…
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Alphabet, Nvidia invest in OpenAI co-founder Sutskever’s SSI: source
Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a start-up co-founded by OpenAI’s former…
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ByteDance to invest US$614 million in computing centre in China amid high AI demand
ByteDance, the parent company of TikTok and Douyin, is set to invest 4.5 billion yuan (US$614 million) in a new…
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