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AI: Companies

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AI: Companies
Explore cutting-edge AI developments in China that are transforming various industries and reshaping the future.
Representatives of the “Pax Silica” signatories hold signed documents at a summit held in Washington on December 12. The initiative is America’s new vision for the international AI supply chain. Photo: Getty Images/AFP
US-China trade war

Explainer | Will US-led ‘Pax Silica’ be a new dawn for the international AI supply chain?

Trump administration aims for deeper technology cooperation on new AI infrastructure with allies.

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IPO

Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

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Japan

Japan announces US$6 billion support for home-grown AI development

Australia

Bondi Beach attack sparks global misinformation crisis, and AI-driven hate

A leading counterterrorism expert warns that ‘agentic AI’ and political point-scoring are fuelling a toxic symbiosis between extremists.

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A memorial is seen on the footbridge used in the Bondi Beach attack in Sydney, Australia, on Saturday. Photo: EPA
Technology

Opinion | Why AI chatbots are unlikely to bring about human extinction

Stories of chatbots behaving in surprising ways are fuelling the rise of ‘AI doomers’ who warn of the risk of human extinction. This extreme view is misguided.

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Artificial intelligence

ByteDance pushes frequent updates to Doubao AI as privacy concerns persist

Strong demand for Doubao AI phone eclipses concerns its agent-like functions pose a security risk.

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Artificial intelligence

China’s open-source AI models rival US giants, making engagement urgent: report

The report calls on US actors to engage with Chinese firms as the AI landscape continues to evolve.

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Chinese AI developers are largely pursuing an open-source approach, releasing the weights of their models for end-users to freely deploy and modify. Photo: Shutterstock
E-commerce

No ‘lowest-price’ requirement: China warns platforms on monopolistic tactics

Regulators tell platforms that demanding the ‘lowest price’ from vendors may not be permitted under new draft guidelines.

Artificial intelligence

OpenAI in talks to raise US$10 billion from Amazon and adopt Trainium chips

The deal is under discussion could value OpenAI upwards of US$500 billion, a source said.

MetaX

MetaX stock soars 700% in Shanghai debut as traders snap up Chinese GPU maker

MetaX closes at 829.90 yuan on Wednesday, from its IPO price of 104.66 yuan, after gaining as much as 755 per cent in intraday trading.

People learn about the AI computing power cabinet equipped with MetaX C600 general-purpose GPU chip at the 2025 World Artificial Intelligence Conference in Shanghai. Photo: Getty
Artificial intelligence

China’s Qwen and DeepSeek edge out US AI models in Christian values benchmark

US start-up Gloo’s Flourishing AI Christian benchmark tested how the output of AI models ‘help people flourish’, CEO Pat Gelsinger said.

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The questions in FAI-C were reviewed by a panel of Biblical experts, including theologians, pastors, psychologists and scholars of ethics. Photo: SCMP
Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

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Artificial intelligence

Chinese expert calls for world models and safety standards for embodied AI

Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.

Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

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Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power. Photo: Shutterstock
United States

China’s AI sector poised for growth despite US restrictions: venture capitalist

China’s AI sector gains confidence with DeepSeek’s emergence, but tech ecosystem needs to improve, GSR United Capital’s Zhou Qi says.

China and the US are the two top players in global AI development, with the former leading in humanoid robotics and open-source large language models, according to a venture capitalist. Photo: Reuters
Artificial intelligence

Sea change: China narrows AI gap with US 3 years after ChatGPT shock

The turning point came when DeepSeek released its V3 and R1 models, which were on par with OpenAI’s GPT and Meta’s Llama models at the time.

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China stock market

Look beyond AI ‘titans’ for growth stocks, BofA Securities says

Investors should shift focus to AI-driven sectors with more rising stars, under-covered companies and pair-trading opportunities.

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Artificial intelligence

China’s Xreal to power Google’s Android AI glasses as smart eyewear demand grows

Project Aura, which features dual-chip design and optical see-through lenses, is a fresh example of China’s expanding R&D capabilities.

Aura projects applications directly into the user’s sightline, enabling interaction via hand gestures and granting access to Google Play apps. Photo: Handout
Artificial intelligence

AI race: Meta reportedly uses Alibaba’s Qwen for its ‘Avocado’ model

Reported move to reinvigorate Meta’s faltering AI effort with new ‘Avocado’ model is another likely win for Chinese AI.

Artificial intelligence

Alibaba names AI-lab leader Zhou Jingren as new group partner

He will join the 17-member Alibaba Partnership, which steers the company’s course and includes co-founders Jack Ma and Joe Tsai.

Artificial intelligence

Alibaba creates new unit to push consumer use of its Qwen AI models

Significant organisational change underlines company’s determination to turn the Qwen chatbot into a ‘super app’.

Alibaba has been driving the adoption and commercialisation of the Qwen series over the past two years amid the global AI surge. Photo: Reuters
China technology

Opinion | Why the Global South is embracing Chinese AI

The US champions AI as an autonomous agent, a content creator. China exports a vision of AI as a digital nervous system for the real economy.

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The Chinese approach, forged in the fires of domestic industrial competition, views AI as “relational infrastructure”: a connective tissue for physical systems. It is designed to get its hands dirty, such as in mining, ports and factories. Photo: Adobe Stock
US-China trade war

US-China tech thaw? Trump clears Nvidia H200 exports – why it matters

It’s a ‘sliding scale’ strategy, analysts say of Trump’s U-turn – preserve American market share while dampening Beijing’s self-reliance push.

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Artificial intelligence

China AI chipmaker MetaX draws more IPO investors than Moore Threads

More than 5 million investors vied for allotments in the chipmaker’s share offering, which aims to raise US$594 million.

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American Samoa

L&G Asset Management sees AI equity upside despite US$3 trillion debt concerns

‘We are defensive in terms of allocating to that particular sector,’ says Ben Bennett, L&G’s head of investment strategy in Asia.

Credit related to the AI sector could grow between US$500 billion and US$800 billion a year and reach nearly US$3 trillion by 2030, according to Ben Bennett of L&G Asset. Photo: Shutterstock
Technology

Opinion | Does AI’s rise have to mean job losses? East Asia tells a different story

Studies from Vietnam to South Korea show AI adoption has not cannibalised jobs. Instead of simple mechanisation, economies are synergising.

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The automated Seres Super Factory fpr electric vehicles in Liangjiang New Area, southwest China’s Chongqing, on September 19. Photo: Xinhua
Huawei

Huawei founder Ren Zhengfei sees divergence in US and China AI strategies

US focusing on supercomputing power while China is adopting a more practical approach to solve real-world problems, says Ren Zhengfei.

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US-China tech war

Editorial | China’s low-cost AI is showing up America’s high-cost tech model

The real China threat is in exposing America’s AI myths by showing what can be achieved at much lower costs and with greater efficiency.

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