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A screenshot of Happy Oyster’s world model.
Artificial intelligence

Chinese tech giants, AI ‘godmother’ Li Fei-Fei race into world models

Alibaba’s introduction of Happy Oyster model for real-time creation of virtual worlds follows unveiling of Spark 2.0 from Li’s World Labs.

Semiconductors

TSMC targets over 30% revenue surge in 2026, ramps up capex amid AI boom

Artificial intelligence

Lightelligence on track with IPO plans as China’s AI photonics race gathers pace

Artificial intelligence

China’s AI world model edge: abundant data and faster deployment, executive says

China’s strong industrial base, abundance of factory data give its world models a decisive push, says executive from leading start-up GigaAI.

GigaAI, a company specialising in embodied intelligent models, has secured another round of financing. Photo: Handout
GigaAI, a company specialising in embodied intelligent models, has secured another round of financing. Photo: Handout
Semiconductors

How prolonged Iran war could disrupt Asia tech from chipmaking to data centres

LNG and helium shortages risk crippling Asia’s semiconductor supply chain and delaying AI infrastructure expansion, experts say.

Artificial intelligence

‘Common ignorance’: how China took the lead in global efforts to govern AI

As AI development gathers speed, governments and industry leaders say guardrails are needed to protect the public from the fast-moving tech.

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Artificial intelligence

DeepSeek ramps up hiring ahead of V4 launch as chip strategy questions swirl

New roles in Inner Mongolia point to expansion of computing capacity ahead of V4 release, fuelling speculation over chip sourcing.

DeepSeek’s hiring push comes ahead of the expected debut of its next-generation flagship model, V4. Photo: AFP
DeepSeek’s hiring push comes ahead of the expected debut of its next-generation flagship model, V4. Photo: AFP
Semiconductors

Samsung weighs China overhaul as local rivals pile on the pressure

Reports of a potential pullback come as domestic competitors gain ground in China, forcing Samsung to reassess where it deploys resources.

Artificial intelligence

Alibaba’s Qwen family captures over 50% of global open-source downloads: report

Qwen hits nearly 1 billion cumulative downloads, far surpassing rivals like Meta Platforms’ Llama and DeepSeek, researchers say.

Artificial intelligence

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say.

The Alibaba building in Xuhui Binjiang Park, also known as “AI Park”, in Shanghai. Photo: EPA
Artificial intelligence

AI fuels global trade growth as China-US flows shift, McKinsey finds

Data-centre expansion and AI investment push global trade ahead of economic growth, consultancy says.

AI-linked goods accounted for about one-third of global trade growth last year, according to McKinsey. Photo: AFP
AI-linked goods accounted for about one-third of global trade growth last year, according to McKinsey. Photo: AFP
ByteDance

ByteDance valuation exceeds US$600 billion after proposed equity sale: sources

The seller originally had the valuation at US$550 billion, but raised the amount after multiple parties expressed interest, one source said.

Artificial intelligence

China taps offshore wind, subsea data centres to ease AI computing bottleneck

The underwater data centre, located 10 kilometres off Shanghai’s eastern coast, was built by Shanghai HiCloud Technology.

Artificial intelligence

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

Illustration by Victor Sanjinez
Artificial intelligence

Chinese AI giants pivot toward proprietary models to drive revenue, performance

This week, Alibaba released three proprietary models that were all accessible only via its official cloud platform or chatbot website.

People walk past the Alibaba Qwen booth at the Mobile World Congress in Barcelona, Spain, March 2, 2026. Photo: Xinhua
People walk past the Alibaba Qwen booth at the Mobile World Congress in Barcelona, Spain, March 2, 2026. Photo: Xinhua
Semiconductors

China’s No 3 foundry Nexchip files for Hong Kong listing to scale output

Wave of Chinese tech listings builds in Hong Kong as semiconductor groups scale up output.

Huawei

Huawei’s profit rises 8.6% in 2025 as overall performance remains steady

‘We are moving towards a future that is full of uncertainty, so we have to remain true to our strategy,’ rotating chairwoman Meng says.

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Artificial intelligence

Shenzhen activates China’s first 10,000-card AI cluster with Huawei’s chips

Hub launches new cluster built with Huawei advanced chips, delivering 11,000 petaflops of computing power in push for home-grown tech.

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Shenzhen has activated a new cluster, built with Huawei advanced chips, that delivers a computing capacity of 11,000 petaflops. Photo: Getty Images
Shenzhen has activated a new cluster, built with Huawei advanced chips, that delivers a computing capacity of 11,000 petaflops. Photo: Getty Images
Artificial intelligence

Xiaomi, Alibaba ramp up AI recruitment amid global talent war

AI-related positions account for more than 80 per cent of Alibaba’s open roles, up from around 60 per cent last year.

DeepSeek

‘I no longer knew how to work without it’: DeepSeek outage cuts off millions

Chinese AI start-up restores chatbot service by Monday morning after overnight disruption affects millions of users.

Artificial intelligence

What is Yuanjie, the Chinese chipmaker whose share price has soared nearly 900%?

Yuanjie’s rise underscores how China’s optical chip firms are riding the AI infrastructure boom, with data centre demand driving growth.

Many companies have capitalised on China’s AI infrastructure build-out. Photo: AFP
Semiconductors

Chinese analogue chipmakers raise prices as mature-node producers poised to gain

Higher prices give China’s mature-node producers room to compete with US, European rivals without sacrificing too much margin, analysts say.

A broader pricing wave has swept across the semiconductor supply chain. Photo: AFP
A broader pricing wave has swept across the semiconductor supply chain. Photo: AFP
Artificial intelligence

Alibaba to deploy AI ‘digital workforce’ for millions of merchants on Taobao, Tmal

OpenClaw frenzy accelerates shift to autonomous AI, as Alibaba equips merchants with always-on digital workers.

Semiconductors

China’s self-sufficiency drive hits new milestone with powerful RISC-V chips

The Xiangshan high-performance processor is the latest effort from China to push the boundaries with RISC-V architecture.

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Artificial intelligence

OpenClaw effect: explosion in AI token use adds fuel to Chinese AI development

Surging demand supports price increases that will sustain development of new and better models, Zhipu AI CEO says.

Zhang Peng, CEO of Zhipu AI (left), Xia Lixue, co-founder and CEO of Infinigence (centre) and Luo Fuli, head of the MiMo model at Xiaomi, speak at the Zhongguancun Forum in Beijing on Friday. Photo: Ben Jiang
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