HP, the world’s second-largest personal computer vendor, has denied a report that it was shifting more than half of its production away from China.
Alibaba’s online shopping platforms have experienced a surge in interest and sales of sporting goods, as Chinese consumers keenly follow the country’s gold medal wins at the Paris Olympics.
The niche Shanghai-based e-commerce platform said it is cutting about 5 per cent of its workforce of 10,000 and reducing spending on ‘low-yield’ projects.
While the West is collectively still ahead of China when it comes to AI development, that lead is quickly narrowing.
Chinese start-ups and tech giants have rushed to offer AI video-generation tools in recent weeks, but face challenges in differentiating their offerings.
The map service operated by Baidu reported a brief service breakdown on Wednesday, causing disruptions to smart vehicle operations that use the app.
Semiconductor imports totalled 308.1 billion units, worth about US$212 billion, in the first seven months of 2024, according to customs data.
Jimeng is now available on Apple’s mainland App Store and various local Android app stores, following the desktop version’s release in May.
After Delta’s CEO criticised Microsoft platforms as ‘fragile’, Microsoft said Delta turned down Microsoft’s offer of technical support every day from July 19 through July 23.
Big bets made by Alibaba, Tencent and other investors on Yang Zhilin’s leadership have boosted Moonshot AI’s valuation to US$3.3 billion.
