The five firms that invested in Moonshot AI founder Yang Zhilin’s last venture, Recurrent AI, claim he has ‘uncleared liability’.
Willow processor completes statistical tasks that are beyond the reach of the world’s fastest supercomputers.
The action is an apparent response to Washington’s tightened chip restrictions against China.
Alibaba’s Fan Luyuan admitted he was ‘out of line’ with controversial remarks that he said during a meeting with employees of Lingxi Games.
Chinese chip firms have become the new darlings for retail investors, who see more opportunity for local development under tighter US sanctions.
The Chinese entrepreneur addresses the fintech giant for the first time since it withdrew its mega IPO in 2020.
Four pillars comprising Alipay+, Antom, WorldFirst and Embedded Finance have delivered strong performance: company statement.
Cut-to-the-bone pricing is eating into the profit margins of Chinese merchants selling online to global shoppers.
Mainland shipments of Huawei’s premium-priced smartphones – handsets that cost more than US$600 – rose 34 per cent in the third quarter.
Washington has excluded some of China’s largest semiconductor companies from its latest export restrictions.
