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China???willing??? to hold AI talks with US despite row over models
3+ day, 3+ hour ago (270+ words) China said it’s willing to hold talks with the US on artificial intelligence, but vowed to retaliate if Washington takes actions against Chinese companies over accusations of systematic technology theft. The Commerce Ministry in Beijing on Wednesday hit back against…...
US accuses Chinese AI firms of 'malicious' copying of AI technology
4+ day, 9+ hour ago (209+ words) Moneycontrol.com US accuses Chinese AI firms of 'malicious' copying of AI technology U.S. cyber and law enforcement officials accused Chinese AI companies on Tuesday of maliciously copying technology from sophisticated American-made AI models through a technique known as distillation, according…...
DeepSeek plans massive Huawei chip cluster as China pushes to replace Nvidia
1+ week, 1+ day ago (599+ words) DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co.’s top accelerators at a massive data center it’s building in Inner Mongolia, which could create one of the largest known clusters of Huawei AI chips and advance China’s efforts…...
ByteDance gets $30 billion loan, Asia's second-largest this year
1+ week, 2+ day ago (390+ words) ByteDance Ltd., the developer of TikTok, has secured a $29.6 billion loan, according to people familiar with the matter, in Asia’s second-largest dollar-denominated borrowing this year. The Chinese tech giant, which is on the forefront of developing artificial intelligence technology, was…...
Xiaomi develops its own AI mobile chip in challenge to Qualcomm
2+ week, 5+ day ago (176+ words) Xiaomi Corp. launched a mobile processor for its marquee devices, putting pressure on Qualcomm Inc. and MediaTek Inc., which for years supplied the key component to the Chinese company. Xiaomi’s new silicon is made using a 3-nanometer fabrication process, according to…...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI- Moneycontrol.com
2+ week, 5+ day ago (287+ words) The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a $10.2 billion share placement, as investors worried about payback from its massive AI spending. Alibaba said on Sunday its HK$80 billion ($10.21 billion)…...
Alibaba seeks $10 billion from share sale, draws flak from Michael Burry
2+ week, 6+ day ago (402+ words) Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale, its latest move to compete for global leadership in artificial intelligence. The move immediately spurred criticism from investor Michael Burry. The online retail giant-turned-AI…...
Alibaba to raise $10 billion by selling shares for AI expansion
2+ week, 6+ day ago (240+ words) Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10 billion) from a share sale, its latest move to compete for global leadership in artificial intelligence. The online retail giant-turned-AI player is offering 710 million shares at HK$112.7 each, according…...
Alibaba revenue rises 9% as AI cloud business surges 45%; capex jumps 75%
3+ week, 2+ day ago (167+ words) China's Alibaba on Thursday reported a 9% rise in quarterly revenue, as strong demand for AI services fueled growth in its cloud business, while an extended "618" shopping festival boosted its core e-commerce unit. As businesses increasingly deploy artificial intelligence applications, demand…...
Crypto firm OKX bars Claude use in Hong Kong after suspension
3+ week, 3+ day ago (333+ words) Crypto exchange OKX has barred staff based in Hong Kong or traveling through China from using Anthropic PBC’s Claude artificial-intelligence model after having its corporate account briefly suspended, the latest example of how friction between the US and China over…...