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Aug 5, 2025

Alibaba unites online shopping, travel booking under new loyalty scheme

Alibaba Group Holding is set to launch a new membership programme spanning a range of services from an online marketplace to food delivery and travel booking, according to Chinese media reports and a person with knowledge of the matter, as the tech giant strives to recapture its leading position in China’s competitive e-commerce market. Alibaba’s e-commerce group, led by Jiang Fan, will provide members of Taobao – China’s largest online marketplace – with subsidised access to various other...

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Aug 5, 2025

Huawei to open-source AI chip toolkit to take on Nvidia’s proprietary platform

Huawei Technologies will open-source its Compute Architecture for Neural Networks (CANN) – the software toolkit used to develop applications on the firm’s Ascend AI processors – as the Shenzhen-based company steps up efforts to compete against Nvidia, days after Beijing raised concerns about its H20 chip’s security. That move would help “speed up innovation from developers” and “make Ascend easier to use”, Huawei rotating chairman Eric Xu Zhijun said on Tuesday at the company’s developer...

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Aug 5, 2025

Alibaba, ByteDance kick off campus recruitment campaigns as AI drives growth

Chinese tech giants Alibaba Group Holding and ByteDance are targeting fresh graduates in separate recruitment campaigns, a sign of their confidence in future growth driven by AI adoption. Taobao and Tmall Group, Alibaba’s e-commerce unit, kicked off its global recruitment campaign on Tuesday, offering an unspecified number of roles to students who were due to graduate between November 2025 and October 2026. According to the job posting, half of the roles would be related to artificial...

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Aug 5, 2025

SoftBank’s growing stakes in Nvidia and TSMC show focus on AI gear

SoftBank Group Corp is building up stakes in Nvidia and Taiwan Semiconductor Manufacturing Co (TSMC), showing founder Masayoshi Son’s focus on the tools and hardware underpinning artificial intelligence. The Japanese technology investor raised its stake in Nvidia to about US$3 billion by the end of March, up from US$1 billion in the prior quarter, according to regulatory filings. It bought around US$330 million worth of TSMC shares and US$170 million in Oracle Corp, the filings show. That was...

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Aug 5, 2025

Alibaba, Beijing United Family Hospital partner to use AI in cancer diagnosis

Alibaba Group Holding’s research arm Damo Academy and Beijing United Family Hospital (BJU), the flagship facility of the private United Family Healthcare network in mainland China, have formed a strategic partnership to use AI in complicated cancer diagnosis and treatment. The collaboration will leverage Damo Academy’s medical artificial intelligence system, called “One Sweep Multi-Check”, as part of efforts to offer multi-disease AI screening services to the public, according to Monday’s...

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Aug 5, 2025

Palantir raises annual revenue forecast again on surging AI demand

Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked services from businesses and governments, sending its shares up 5 per cent in extended trading. Initially backed by the CIA, the company has capitalised on its expertise in managing and analysing data to help train and run new artificial intelligence apps using its platforms. The data analytics and defence software firm projected revenue in the range of...

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Aug 4, 2025

Alibaba’s maps app gets an AI upgrade with Qwen-powered agent

Amap, a mapping and local services provider under Alibaba Group Holding, launched an artificial intelligence (AI) agent on Monday, giving its services a major tech upgrade. Powered by Alibaba’s in-house AI models, the agent can navigate roads, plan trips and recommend places to visit using natural language commands such as “send me to the office” or “please find a quiet place with a lake view”, according to Amap. The AI agent serves as a key consumer-facing tool for Alibaba to deploy its...

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Aug 4, 2025

Baidu partners with Lyft to launch robotaxis in UK and Germany

Chinese internet search giant Baidu is partnering with US ride-hailing firm Lyft to launch robotaxis in Europe, marking the latest initiative by a Chinese company to expand its autonomous-driving technologies globally. Under the partnership, the companies plan to introduce autonomous vehicles in Germany and the UK as early as 2026, pending approval from local regulators, according to a joint announcement by Beijing-based Baidu and San Francisco-based Lyft on Monday. The companies said they...

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Aug 4, 2025

Ex-Huawei employees sentenced to jail for stealing semiconductor-related secrets

A Shanghai court sentenced 14 former Huawei Technologies employees to jail for stealing chip-related business secrets from the company, the state-owned Securities Times newspaper reported on Saturday. According to the report, the Shanghai Third Intermediate People’s Court on July 28 sentenced 14 employees of Zunpai Communication Technology, a start-up founded by engineers from Huawei’s chip development unit HiSilicon, to jail terms of up to six years on top of financial penalties. The court has...

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Aug 1, 2025

ByteDance finds median service length of employees at about 3 years

Social media giant ByteDance, owner of TikTok and its Chinese sibling Douyin, says the median service length of existing employees was 2.9 years, while their average tenure was three years, the Beijing-based company disclosed at an internal meeting. According to two sources briefed on Thursday’s town hall meeting that was led by co-founder, chairman and CEO Liang Rubo, about half of the firm’s 120,000 employees have spent more than three years there. The median service length of former employees...

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