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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...
Alibaba open-sources medical AI model that can detect cancer and nearly 150 conditions
Alibaba Group Holding’s research arm, Damo Academy, has open-sourced an artificial intelligence model capable of identifying nearly 150 abdominal conditions – including cancers – by reading computed tomography (CT) scans, marking the latest step in the firm’s growing medical AI efforts. The vision-language model, called Damo Radar, was designed to analyse contrast-enhanced CT scans covering 18 abdominal organs and identify a broad range of diseases and other abnormalities, such as malignant...
Top Chinese AI models make 10% of OpenAI, Anthropic revenue despite high valuations: report
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...
Chip foundries better insulated in an AI slowdown than Asia-Pacific tech peers, S&P says
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...
Science News
China is bracing for a potential massive sell-off of a high-profile artificial intelligence chip stock on Thursday, when a lock-up period affecting 14 million shares in MetaX Integrated Circuits is set to expire. Analysts expect MetaX to face “significant selling pressure” when the restricted shares are released for trading, after the expiry of a similar lock-up period for shares in fellow AI chip firm Moore Threads last week sparked an avalanche of sales that wiped nearly 49 billion yuan...
China’s Moonshot AI has attracted global investor interest spanning Europe, Asia and the Middle East, people familiar with the matter say, as international capital scrambles for access to Chinese frontier artificial intelligence labs, betting on their high-stakes race against US rivals. The Beijing-based developer of the Kimi family of AI models has seen mounting interest from overseas players ranging from European investment firms to Middle East family offices, with some seeking indirect...
Techonology News
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China is beating the US in consumer AI adoption, thanks to super apps: Morgan Stanley
China is surging ahead of the US in consumer AI adoption as technology giants like Tencent Holdings and Alibaba Group Holding embed artificial intelligence directly into popular everyday apps, even as American models lead in capability, according to Morgan Stanley. A survey conducted by the bank and published in a report on Monday showed that 80 per cent of Chinese respondents used AI for personal purposes at least weekly, compared with 54 per cent in the US. China’s generative AI user base grew...
Forget AI KPIs: how China’s tech giants are rationing tokens for employees
When generative artificial intelligence first swept through China’s technology sector, workers faced a clear directive from management: use AI and use it often. Consuming vast numbers of AI tokens – the basic unit of computing power needed to process text or write code – became a badge of honour, with companies often viewing a high token count as a sign that employees were productive and taking initiative. But those computing allowances are now being sharply rolled back as China’s leading...
Cloudy with a chance of Big Macs: McDonald’s and Meituan launch drone route in Shanghai
Shanghai’s bustling riverfront has become the latest testing ground for urban logistics technology, with McDonald’s and Chinese food-delivery giant Meituan joining forces to launch the country’s first catering brand-exclusive drone-delivery route. Commencing operations last week, the new service allows visitors strolling or exercising along the scenic West Bund area in Shanghai’s Xuhui district to have their fast-food orders ‘airdropped’ directly to designated kiosks, according to a recent...
Trump downplays need to check AI development, says he is unwilling to cede edge to China
US President Donald Trump on Sunday played down the need for his administration to check the development of artificial intelligence, saying he worried about ceding America’s edge over China in a global competition and that winning would help address the risks from the advancing technology. While acknowledging the need for some regulation, Trump provided no specifics about potential rules and attributed warnings about the technology moving too quickly and with little oversight to “negative...
The US and China are racing to build ‘self-improving AI’. Here’s what’s at stake
The US-China race for artificial intelligence dominance has entered a new phase: using AI to build better AI. Leading AI companies in the United States and China are increasingly focused on deploying advanced models to write code, design experiments, and develop training techniques that can be used to improve more powerful models. The ultimate goal is to achieve what the industry refers to as recursive self-improvement (RSI) – the creation of AI systems that can train themselves...
IT News
Ant International, the overseas affiliate of Chinese fintech giant Ant Group, is making a major bid to power the next phase of mobile payments: letting autonomous artificial intelligence agents handle your electronic wallet to make purchases. The company on Friday open-sourced its Agentic Mobile Protocol (AMP) on GitHub, effectively putting it forward as a potential global technical standard for how AI agents securely pay for real-world goods. AMP was built onto Ant International’s existing...
A flurry of cybersecurity breaches, internal whistle-blowing, and declining visibility into model safety has sparked fresh alarm over the US artificial intelligence boom, igniting calls from some experts to slow down development – even as critics warn that deceleration risks surrendering America’s technological lead to China. The mounting concerns come just weeks before President Xi Jinping and US leader Donald Trump are set to meet for a high-stakes summit in Washington. OpenAI CEO Sam Altman...