Shares in ZTE rose as much as 7 per cent in Hong Kong on Tuesday morning after the Chinese telecommunications…
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Launch of DeepSeek’s Harness marks its strategic pivot towards autonomous agentic AI
Chinese artificial intelligence company DeepSeek is venturing into a new battleground beyond large language models, launching a developer preview of…
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As US AI costs soar, global businesses pivot to China’s low-cost, open-weight models
Global businesses are increasingly switching from premium, closed-source US software – such as OpenAI’s GPT and Anthropic’s Claude – to…
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Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
Shares of Alibaba Group Holding opened up 7.8 per cent in Hong Kong, after the firm reported strong growth from…
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Samsung halts all home appliance sales in China as pivot to AI accelerates
South Korean tech giant Samsung Electronics said on Wednesday it would end sales of all home appliance products in mainland…
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Chinese AI giants pivot toward proprietary models to drive revenue, performance
Chinese companies including Alibaba Cloud and Zhipu AI have opted not to open-source some of their latest artificial intelligence models…
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Hong Kong’s pivot to hi-tech development gets boost as city hosts global AI summit
In his video address to the conference held in the Hong Kong Science Park, Chief Executive John Lee Ka-chiu said:…
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China’s ZTE names Fang Rong as chairman amid AI pivot, revenue drop
Chinese telecommunications equipment giant ZTE Corp has named veteran industry executive Fang Rong as its new chairman, succeeding Li Zixue,…
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Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay
Alibaba’s Hong Kong-listed shares surged 15 per cent to close at HK$138.50 on Friday, following an 8 per cent gain…
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