Baidu, SenseTime Among First Firms to Win China AI Approval
China approved a first batch of generative artificial intelligence services for public rollout, freeing up homegrown technology champions
2023-08-31 09:16
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-17 10:50
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:48
Alibaba Takes Step Toward Comeback as Growth Finally Returns
Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take
2023-08-10 23:21
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 11:19
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 11:26
Alibaba unveils open-sourced AI model similar to Meta's Llama 2
HONG KONG Chinese tech giant Alibaba Group's cloud computing unit released two open-sourced artificial intelligence (AI) models on
2023-08-03 15:26
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:58
China's Alibaba says it will not join Ant Group share buyback
BEIJING China's Alibaba Group said on Sunday it had decided not to participate in a proposed repurchase of
2023-07-23 19:57
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
2023-07-20 09:48
China Tech Overseer Plans Computing Power Push to Back AI Boom
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital
2023-07-19 13:20
Temasek Posts Worst Return in Seven Years as Markets Slump
Singapore’s state-owned investor Temasek Holdings Pte warned of an uncertain road ahead as it chalked up its worst
2023-07-11 18:28