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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…
An aerial drone photo shows US carmaker Tesla’s Megafactory in Shanghai, East China, Feb 8, 2025. [Photo/Xinhua] SHANGHAI – Despite geopolitical tensions and rising trade protectionism, international businesses are deepening their commitments in China as 2025 unfolds, demonstrating the country’s appeal to those seeking to stay competitive globally. US automaker Tesla’s Megafactory in Shanghai began…
Dancers perform next to a BYD Sealion 7 at the Singapore Motor Show on Jan 9, 2025. ROSLAN RAHMAN/AFP Right after the Spring Festival holiday, automobile markets in China have become hectic, touting new features, offering discounts and even appearing in movies to woo potential car buyers. Tesla announced on Wednesday, the first working day…
The planned restructuring of Chongqing Port Co and Beijing-headquartered China Logistics Group Co (China Logistics) is expected to boost the growth of the New International Land-Sea Trade Corridor and further unlock the economic potential of China’s western region, said market watchers on Wednesday. Chongqing Port said on Monday that it had received a notification letter…
Lexus’ booth at the 2024 Beijing auto show in April. SONG YU/FOR CHINA DAILY Toyota, the world’s leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai to produce batteries and electric vehicles for its high-end Lexus brand. The new facility, set to begin production in 2027, will…