News
Open or closed? Moonshot AI keeps its code out in the open
1+ hour, 16+ min ago (147+ words) Open-source push continues with Kimi K2. 6, but pressure to monetise is nudging some Chinese AI firms behind closed doors Chinese artificial intelligence start-up Moonshot AI has released its latest open-source flagship model, Kimi K2. 6, as domestic tech giants including Alibaba, Byte Dance…...
Crypto industry sees AI-driven agent economy as next growth driver
2+ hour, 8+ min ago (118+ words) South China Morning Post Experts gather in Hong Kong for Web3 Festival as firm predicts AI agents could facilitate up to US$5 trillion in global crypto sales by 2030 "How we interact with blockchain will probably change indefinitely," Lennix Lai, chief commercial…...
China bets on RISC-V in global AI race
9+ hour, 31+ min ago (75+ words) Say "open source" and "China" and most people will think of its world-conquering artificial intelligence (AI) large language models. Its open-source computer chips are just as significant. These chips are based on the RISC-V architecture (pronounced risk-five). At last month's…...
Which global firms are being attracted by Hong Kong's strategic enterprise scheme?
10+ hour, 45+ min ago (214+ words) The South China Morning Post examines 22 firms opening or expanding in the city, with HK$73 billion in investment and 25, 000 jobs expected Twenty-two strategic enterprises have signed agreements with the Office for Attracting Strategic Enterprises (OASES) to open or expand operations…...
Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut
10+ hour, 32+ min ago (216+ words) Nvidia supplier raises US$2. 6 billion in its IPO as investors rush to cash in on the AI infrastructure boom Victory Giant, a Chinese manufacturer of printed circuit boards (PCBs) for artificial intelligence and high-performance computing, rose by 57. 23 per cent in…...
Opinion | The world can look to Hong Kong as a pioneer of ethical AI
10+ hour, 46+ min ago (601+ words) South China Morning Post The reality is more complex. The emerging global AI order is neither unipolar nor strictly bipolar. Instead, it is characterised by a swathe of middle powers hedging their options and optimising their interests against the backdrop…...
Huawei launches AI glasses as China battle for smart wearables intensifies
22+ hour, 16+ min ago (211+ words) Huawei's debut adds momentum to China's booming smart eyewear market, which saw shipments surge 35-fold in 2025 Priced from 2, 499 yuan (US$367), the new eyewear weighed just 35. 5 grams and featured various AI functions ranging from voice interaction to payments, Huawei said in…...
Hong Kong launches AI flood alert system to boost forecasting and response
1+ day, 1+ hour ago (153+ words) New AI model simulates floods in 3 D, helping authorities plan faster emergency response and preventive measures across high-risk areas The technology is the latest addition to the existing territory-wide flood risk visualisation system, which was deployed after Super Typhoon Ragasa…...
Chinese tech giants advance robotics push as sector sees rapid growth
23+ hour, 16+ min ago (105+ words) South China Morning Post From marathon-winning humanoids to potential robot guide dogs, tech firms showcase breakthroughs as Beijing backs robotics as growth driver Honor, which separated from Huawei in 2020 to focus on smartphones and wearables and only expanded into robotics…...
Byte Dance profit plunges on AI push as Tik Tok Shop fuels overseas surge: reports
1+ day, 1+ hour ago (230+ words) All-in" AI drive cuts profits by 70 per cent, while booming Tik Tok Shop sales help overseas markets outpace China, reports say At the same time, revenue from overseas markets surged by nearly 50 per cent, far outpacing the roughly 20 per cent…...