ByteDance’s next step in the AI race is to use Huawei’s Ascend 910B chip to train a large language AI model, said the people.
Huawei is sending out samples of its Ascend 910C processor for testing as the tech giant races to fill a void left by Nvidia.
The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.
The job cuts by Shein in Singapore reflect how the Chinese-founded fast fashion company is grappling with a series of challenges.
In the high-level inquiry, Arm did not express interest in Intel’s manufacturing operations.
Tencent has been unwinding some of its investment portfolio and the Futu share sale is in line with the strategy, a source says.
The financial tech firm launched PayPal Complete Payments on Thursday, allowing merchants to accept foreign credit cards and mobile wallets.
Delivery charges on the city’s Taobao users will be waived for certain orders that cost more than US$14 during this fourth quarter.
Taobao and Tmall plan to give out 30 billion yuan in consumer vouchers and use 10 billion yuan worth of resources to boost traffic amid e-commerce competition.
The fast-fashion retailer is laying off more than 20 people in a restructuring of its IT R&D centre.
