Lingxi Games has discontinued its Ant Engine project, as parent Alibaba pares down investment in its non-core businesses.
Data centre deals in the Asia-Pacific this year are expected to surpass the region’s record tally of US$3.45 billion in 2023.
Alat CEO Amit Midha said the only request so far has been to keep supply chains separate, but it would divest if asked because the ‘US is the number one partner for us’.
The Beijing-based start-up, dubbed one of the ‘four new AI tigers’ of China, is said to have plans to release ‘high-quality text-to-video tools’ by this year at the earliest.
KeeTa seized a 43 per cent share of the city’s food delivery market by order volume in the first quarter to surpass rival Foodpanda, which had a 37 per cent share in the same period.
The company’s flagship EH216-S autonomous flying vehicle took off in Abu Dhabi, as part of a plan to launch commercial flights in the UAE.
Meta AI recently brought assistants powered by generative AI to Instagram and WhatsApp. But beyond helping personalise social media, the technology may threaten democracy, and even freedom of speech.
Lenovo founder Liu Chuanzhi made a rare public appearance via video at the anniversary celebration for a patent registration firm, a year after Beijing cracked down on online attacks against entrepreneurs.
The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services in the city state.
The MAI-1 model is being overseen by Mustafa Suleyman, the Google DeepMind co-founder and former CEO of AI start-up Inflection, The Information reported.
US chip maker Nvidia is investing in Wayve Technologies, joining a US$1.05 billion funding round for the UK start-up that wants to get its autonomous-driving technology into cars.
Lemon8 has been the most downloaded lifestyle app on Apple ’s App Store in the US since April 7, ahead of Pinterest and dating platform Tinder.
Beijing has introduced measures aimed at boosting inbound tourism, including visa-free travel for a number of European and Southeast Asian countries.
Foxconn, the world’s largest electronics contract manufacturer, expects its second-quarter financial results to show both quarter-on-quarter and year-on-year growth.
The city’s three ETFs that invest directly into bitcoin saw US$5.5 million change hands on Friday, down from US$8.6 million in their Tuesday debut.
This marks the domestic freight transport industry’s first attempt to cover truckers’ rights on a nationwide scale.
Global iPhone revenue fell 10 per cent in the first quarter, but Apple CEO Tim Cook said he has a “very positive viewpoint” on China despite increased competition.
The new pact promises to deliver improved remuneration and promotion for UMG-represented songwriters and artists on TikTok, as well as protections related to generative artificial intelligence.
Huawei’s latest flagship smartphone, the Pura 70, has received certification in Malaysia for two models, paving the way for their sale in the country even though they do not support popular apps such as Google.
The South Korean memory chip maker has already sold out its high-bandwidth memory chips for this year, as enterprises aggressively expand artificial intelligence services.
Z-Library denied rumours of temporarily restricted access in China, promising to maintain access and saying it’s open to censoring some titles.