Hong Kong is expected to serve as iFlytek’s launch pad to expand overseas, with a focus on the Middle East and Southeast Asia.
Hong Kong Investment Corporation is partnering with the start-up to create the HK-Galbot Embodied AI Lab, with prioritisation for the city as an IPO destination.
Despite the departure, Alibaba has emerged as one of the most prolific investors in mainland China’s growing artificial intelligence start-up sector.
Chinese smartphone maker Xiaomi is back on top in India after losing its crown in the world’s second-largest handset market 18 months ago, but has to share the leaderboard with rival Vivo.
Major Android handset vendors are betting on foldable, artificial intelligence-powered models to compete with Apple ’s iPhone in the high-end segment of the smartphone market.
The HKMA announced the first stablecoin issuers to trial e-commerce, trade settlement and tokenised assets, with final rules to be submitted to Legco this year.
Large language models are ‘bad at maths’ and can only predict answers based on training data, according to Zhejiang University researcher Wu Yiquan.
Hong Kong’s approval of spot ether ETFs in April was seen as a unique but brief advantage for the city, which may now attract investors looking to avoid US taxes.
Motivated by AI surge and restrictions in the tech trade, China poured resources into its smart computing power over the past year – with more growth likely on the way.
Shenzhen plans to have 20 driverless buses on the road by the end of 2024, which comes amid safety and job loss concerns over autonomous driving tech.
The latest initiative by Huawei, the world’s largest telecoms equipment supplier, shows its focus on expanding into industrial solutions.
China Grand Automotive Service is set to be expelled from the Shanghai Stock Exchange after its shares traded below their par value for 20 straight days, the latest sign of cracks appearing in the world’s largest vehicle market.
A sea change is taking place in China’s venture capital industry as the two-decade marriage between US investors and mainland start-ups comes to an end, casting a shadow over the country’s tech landscape.
Out of 100 Hong Kong companies surveyed by CyberArk, 98 said they were victims of identity-related breaches, with AI an increasingly important contributor.
ASML’s latest quarterly results are the first under new chief executive Christophe Fouquet , who took over the reins at Europe’s biggest technology firm in April.
Johnson Controls International, which provides energy management products and services for buildings, said it will continue to invest in manufacturing facilities in China to meet demand from high-growth sectors like data centres.
Huawei distributors have started giving customers details of the processors used inside the company’s flagship smartphones, even though the US-sanctioned tech giant remains mum on the subject.
Around 30,000 Huawei research and development personnel are expected to move into the Shanghai campus, which will start operations this year.
The global smartphone market grew by 6 per cent year on year in the second quarter, with Apple and Samsung occupying the top two spots, followed by Chinese brands Xiaomi, Vivo and Oppo.
Some Chinese artificial intelligence firms expect to spend more time and money to comply with the European Union’s comprehensive new regulation.
Honor expects on-device artificial intelligence and a slim design will differentiate its foldable smartphones against rival models from Huawei and Samsung.