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Apple leads China smartphone sales after launch of iPhone 18 Pro. Can the momentum last?
Apple has claimed the top spot in China’s smartphone market following the release of its iPhone 18 Pro series, giving a potential boost to a sluggish handset market weighed down by weak consumer demand and soaring component costs. Sales of the new Pro models in their first three days after launching on September 18 were 12 per cent higher than sales of the iPhone 17 Pro line-up during its entire first week last year, according to a report published on Wednesday by Counterpoint Research. That...
Nvidia and AMD chiefs join Tsinghua advisory board as US-China chip tensions persist
Nvidia founder and CEO Jensen Huang and AMD chief Lisa Su have joined an influential advisory board at a prestigious Chinese university, placing the two US artificial intelligence chip leaders in a high-level forum known for connecting global executives with senior Chinese officials. Huang and Su were among three new members appointed to the advisory board of Tsinghua University’s School of Economics and Management (SEM), alongside Marc Pictet, senior managing partner of Swiss wealth and assets...
AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday. Li, a Stanford University professor...
Alibaba deepens sports tech push with new Brooklyn Nets partnership
Alibaba Group Holding has become an official technology and cloud partner of NBA team Brooklyn Nets, as the tech giant pushes for a deeper presence in the sports industry. The collaboration was announced on Monday under a multi-year strategic partnership between Alibaba and Brooklyn Sports & Entertainment, the parent company of the basketball team. It would also see Alibaba become Brooklyn Nets’ official jersey patch sponsor ahead of the basketball team’s 60th anniversary season, according to a...
ByteDance grabs one-fifth of China’s data centre capacity as AI drives infrastructure boom
ByteDance accounts for roughly one-fifth of China’s delivered data centre capacity, making the TikTok owner the country’s largest tenant and a main driver of its artificial intelligence buildout, according to new estimates by research firm SemiAnalysis. The estimate comes from the firm’s tracking of more than 1,000 facilities in China operated by over 60 companies. ByteDance rents nearly all of its data centre footprint, SemiAnalysis said. Its AI products include Doubao, an assistant that...
Science News
Alibaba Group Holding has introduced what it called China’s most powerful artificial intelligence chip and teased plans to train an AI model with up to 10 trillion parameters, as top executives reaffirmed the tech giant’s ambition to pursue artificial superintelligence (ASI). Speaking at the company’s annual Apsara Conference in Hangzhou on Tuesday, group chairman Joe Tsai highlighted Alibaba’s commitment to building end-to-end capabilities. “Alibaba is firmly investing in building full-stack AI...
Chinese fintech giant Ant Group has revamped its online payments operations by creating a new business group for Alipay, as it sharpens its artificial intelligence focus on “agentic commerce” to drive new growth. Ant, an Alibaba Group Holding affiliate, merged its Digital Payment Business Group, Alipay Business Group and Zhima Credit Business Group into a new business unit dedicated to Alipay, according to an internal letter from CEO Cyril Han Xinyi on Monday, as reported by Chinese media outlet...
Techonology News
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As AI safety fears mount, can a US-China hotline prevent a global crisis?
The United States and China’s agreement to establish an official AI dialogue, including a proposed threat-notification system, marks a pragmatic step towards crisis prevention in their tech war, even as deep-seated divisions over chip access, model distillation and market dominance threaten to limit its impact, analysts said. Announced following high-level talks in New York on Sunday between US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and Vice-Premier He Lifeng,...
US, China agree AI dialogue ahead of Trump-Xi summit
Chinese and US negotiators made progress on artificial intelligence (AI) and trade ahead of President Xi Jinping’s visit to the White House later this week. “We had a very successful engagement with the Chinese on trade and AI,” US Treasury Secretary Scott Bessent told reporters following Sunday’s eight-hour-long negotiations at JPMorgan Chase’s head office in New York. The talks had a “good atmosphere” and were “not bad”, said China’s Li Chenggang. Li’s promotion to international trade...
Neither the US nor China can win the AI race alone, BofA analyst says
Neither Beijing nor Washington can win the race for artificial intelligence dominance without relying on other countries, a Bank of America analyst said ahead of this week’s high-stakes bilateral summit, citing deeply entangled global tech supply chains. While China’s advantages had emerged in areas like power grids and manufacturing equipment, the country remained reliant on overseas suppliers for advanced chips, memory and some high-end materials, said Matty Zhao, co-head of China equity at...
As the US weighs restrictions on cloud computing, how will China’s AI sector adapt?
When Chinese artificial intelligence developers want to train their next-generation frontier models, they all face the same daunting wall: they cannot legally buy the world’s most powerful AI chips. However, the country’s tech giants and start-ups have still managed to quietly keep pace with global rivals. Their secret is an elusive workaround: moving heavy training workloads across borders through the cloud. By setting up proxy entities in foreign jurisdictions, domestic firms have for years...
China’s GoPro rival Insta360 opens first US flagship store in New York’s Times Square
Chinese action camera maker Insta360 is deepening its US footprint with a flagship store opening in New York as it navigates escalating price competition with DJI and industry-wide memory cost pressures. The Chinese GoPro rival was slated to plant its flag in the heart of Times Square with its first flagship retail store in the US on Saturday, a marquee launch as the firm looked to “leap to the next stage of growth”, co-founder Max Richter said. “The US market plays a very important role for us...
IT News
Chinese artificial intelligence models from seven major developers combined generate only about 10 per cent of the revenue reported for OpenAI and Anthropic, even as investor enthusiasm remains intense, according to US-based research firm Rhodium Group. The Chinese AI models earned an estimated US$10.7 billion in annual recurring revenue (ARR) from March to August, a fraction of the more than US$100 billion combined for OpenAI and Anthropic, according to the Rhodium report published on...
As market fears mount over waning Big Tech spending and calls to slow down frontier artificial intelligence development, Asia-Pacific semiconductor foundries are better positioned to withstand a potential downturn in AI investment than other tech hardware firms in the region, according to S&P Global Ratings. In a report published on Thursday, the rating agency said it had stress tested four key Asia-Pacific sectors – foundries, memory manufacturers, cooling component suppliers and original...