[Photo/VCG] While the surge of Chinese domestic artificial intelligence companies has led to upbeat sentiment in the A-share market recently, the inflow of more long-term and patient capital and improving fundamentals will be the major drivers of the market’s bullish performance in a more sustained manner, said experts. Although the benchmark Shanghai Composite Index and…
The DeepSeek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] The meteoric rise of DeepSeek, a Chinese private artificial intelligence startup, sheds light on a new way for Chinese AI chip companies to seek breakthroughs amid Washington’s tougher tech restrictions to challenge the dominance of US semiconductor company Nvidia and reshape the…
Ne Zha 2, China’s box-office sensation, smashed through the key 10 billion yuan ($1.37 billion) mark in ticket receipts on Thursday, including presales and overseas revenue, signaling the vast potential of the domestic cinema industry. Since its debut on Jan 29, the film – a sequel to the 2019 top-grossing movie in China Ne Zha – has…
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Alibaba Group Holding Ltd’s co-founder and chairman Joe Tsai revealed on Thursday that Alibaba will partner with US tech giant Apple Inc to roll out artificial intelligence features for iPhone users in China. Tsai made the announcement at the World Governments Summit in Dubai, the United Arab Emirates. He stated that Apple required a local…
[Photo/VCG] Eight Chinese securities will be added to the MSCI China Index, and 20 Chinese securities will be deleted, according to MSCI Inc, a global leading provider of key tools and services for global investors. The eight Chinese securities are J&T Global Express B, Bestechnic A (HK-C), CCOOP Group A (HK-C), CSI Solar A (HK-C),…
YANGON — As technology continues to expand across Myanmar, artificial intelligence (AI) is helping people solve everyday challenges, learn new skills and boost productivity. AI-powered tools, particularly chatbots, have become a key part of this technological transformation, offering practical solutions and engaging users from various walks of life. One notable development is the recently launched…
Visitors view a BYD Sealion 7 electric vehicle on display at the Singapore Motorshow on Jan 9, 2025. [Photo/VCG] SINGAPORE — Chinese car brands have expanded their market share in Singapore, while Japanese and German automakers have seen declines, The Straits Times reported on Monday. Citing data from the Land Transport Authority, the report said…
[Photo/VCG] Chinese tech heavyweight ByteDance announced on Thursday the launch of its new model architecture, UltraMem, which reduces the inference costs of artificial intelligence-powered models by up to 83 percent. According to the company’s Doubao LLM team, UltraMem enhances the inference speed by 2 to 6 times compared to traditional MoE (mixture-of-experts) architectures. This technological…