China's cloud service providers (CSPs) have been engaged in fierce price competition since 2024, deploying aggressive cost-cutting strategies to expand market share. This battle is...
Alibaba Group (Alibaba) has announced that its upgraded Qwen 2.5 Max model has achieved superior performance over the V3 model from Chinese artificial intelligence (AI) startup DeepSeek...
Amid rising US restrictions on China's tech sector, leading Chinese cloud computing and AI companies are forging alliances with DeepSeek to challenge global industry leaders and expand...
China's AI sector is transitioning from massive model development to inference applications. While tech giants like ByteDance and Alibaba have constructed large GPU clusters, much...
SoftBank Group CEO Masayoshi Son has made a strategic pivot toward the US market, appearing alongside President Donald Trump twice since his November election victory to unveil major...
ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao achieved an impressive 29% growth in downloads, reaching...
The latest US restrictions on AI chip exports have sent shockwaves through the global tech industry, casting a shadow over China's burgeoning tech sector. The restrictions create...
SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time when it is struggling to compete in the post-ChatGPT era.
The development of AI models in China has progressed at an impressive pace, with a proactive embrace of open-source strategies in recent years. These efforts have not only garnered...
DeepSeek, an emerging AI company, has launched DeepSeek-V3, the first version of its new open-source model series. According to official data, this model outperforms other leading...
Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has recently slashed prices on its visual language model Qwen-VL by more than 80%, as price wars continue to rage...
Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online...
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator's failed attempt to list in mainland...
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
