The US artificial intelligence giant Anthropic has warned of the potential danger posed by Chinese firm Z.ai’s GLM-5.3, with the…
Read More
China’s Z.ai raises revenue target 25% after US$5 billion cash injection
Chinese artificial intelligence developer Z.ai has raised its year-end annual recurring revenue (ARR) outlook by 25 per cent to US$3…
Read More
EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m
Chinese electric vehicle (EV) maker Xpeng has secured US$900 million in funding from high-profile investors including Alibaba Group Holding and…
Read More
Pentagon blacklist raises spectre of investment curbs for Chinese tech firms
The Pentagon’s expanding blacklist of Chinese companies is increasing reputational risks for some of the country’s biggest technology firms and…
Read More
AMD CEO’s meeting with China’s vice-premier raises optimism about US AI chip imports
A recent meeting between Chinese Vice-Premier He Lifeng and Advanced Micro Devices (AMD) CEO Lisa Su signals a potential loosening…
Read More
Baidu’s robotaxi breakdown in Wuhan strands riders, raises safety concerns
The breakdown of Chinese tech giant Baidu’s autonomous driving vehicles in Wuhan on Tuesday evening affected services and left many…
Read More
Flying car dreams gain altitude as Xpeng affiliate Aridge raises US$200 million
Aridge, the flying-car developer backed by Chinese electric vehicle maker Xpeng, has raised nearly US$200 million in fresh funding as…
Read More
Meta’s multibillion Manus buyout draws plaudits, but raises spectre of a China AI exodus
Meta Platforms’ multibillion-dollar acquisition of Manus, a Chinese-founded artificial intelligence agent start-up, has set off a mix of excitement and…
Read More
AI-for-Science start-up DP Technology raises US$114 million in Series C round
DP Technology – the developer of a suite of AI tools used by researchers for work spanning drug design to…
Read More
ByteDance raises pay, boosts bonuses to retain staff amid AI talent war
Beijing-based ByteDance has raised pay and sweetened incentives as the TikTok owner steps up efforts to retain and attract talent…
Read More