The cloud-computing units of Alibaba Group Holding and Baidu are raising prices for certain services by as much as 34…
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Ant’s AQ health app breaks through 100 million users amid holiday surge
Ant Group’s artificial intelligence health app AQ surpassed 100 million users during the Lunar New Year holiday, the company said,…
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Memory price surge of ‘more than 600%’ squeezes China’s device makers
A global memory supply shock is sweeping through the electronics industry, as surging component costs threaten to squeeze China’s smartphone…
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Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’
Chinese robotics firms continue to secure fresh financing, including from state-backed funds, as investors shift focus from hardware to the…
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Chinese power stocks surge on State Grid’s record US$574 billion investment plan
Shares of Chinese electricity and grid equipment makers surged after State Grid unveiled a 4 trillion yuan (US$574 billion) plan…
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Memory chip prices surge amid strong demand from the AI sector: analysts
The steep rise in memory chip prices is expected to continue on the back of heightened demand from the artificial…
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Ant Group joins China’s nuclear fusion funding surge as AI race fuels energy demand
Investment in nuclear fusion power is heating up in China, with Ant Group placing a bet on the developing technology…
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China’s ‘little Nvidia’ Cambricon sees 4,348% revenue surge amid AI frenzy
Cambricon Technologies, the Beijing-based chipmaker seen as a potential alternative to Nvidia’s graphics processing units (GPUs), reported a record revenue…
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Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
Social media platform Xiaohongshu, known as China’s Instagram, has the wind at its back in its pursuit of an initial…
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Ant International reports growth after March spin-off as cross-border payments surge
Ant International reported a robust growth across its core business segments following a spin-off in March as its mainstay cross-border…
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