Eswin, China’s largest supplier of 12-inch silicon wafers, has received approval for an initial public offering (IPO) in Shanghai, the latest sign of increased efforts by Chinese chip companies to raise funds amid the rapid development of artificial intelligence (AI) and the country’s tech self-sufficiency drive. The company, which produces monocrystalline silicon polished wafers and…
Highlights AI-generated fashion shoots are becoming popular. They are being offered by companies such as BetterStudio, Lalaland, Botika and FashnAI. The value proposition is clear: Using AI-generated models to showcase clothes and accessories is less expensive than hiring a photographer, model and arranging a shoot. But fashion industry workers are concerned that their…
Ant Digital Technologies, the technology arm of Ant Group, has chosen Hong Kong for its international headquarters in a show of commitment to artificial intelligence (AI) and Web3 technologies, the unit announced on Tuesday. The subsidiary cited Hong Kong’s role as a “bridgehead” for its global strategy. The company plans to establish joint laboratories with…
Misa Zhu Mingming, an engineer who had worked at Alibaba Group Holding, left in 2014 to found his own venture, Rokid. The start-up, which develops smart glasses, was backed by angel investors that included Vision Plus Capital, formed by Eddie Wu Yongming and others before Wu became CEO of Alibaba in 2023. A decade later,…
Feb 12, 2025 Chinese chipmakers are rapidly aligning with DeepSeek’s popular AI models, which is significantly boosting China’s strategic efforts to reduce its dependence on U.S. technology. For further insights, visit this source. Following the introduction of DeepSeek’s V3 and R1 models, major domestic chip developers are working tirelessly to distance themselves from Nvidia‘s technological…
China’s three major telecoms operators have rushed to integrate DeepSeek’s artificial intelligence (AI) models into their services, as firms across the country jump on the bandwagon of the country’s hottest tech start-up. In a bid to “promote the universal application of latest AI technologies”, China Mobile, China Telecom and China Unicom have integrated DeepSeek’s models…
Beijing has announced the formation of a new artificial intelligence standardisation technical committee, Reuters reports. The committee will establish industry guidelines for emerging technologies such as large language models and AI risk assessment. As per the wire, the 41-member committee, which includes representatives from prominent tech firms like Baidu and prestigious academic institutions such as…
Chinese authorities have informally advised local companies to use domestic-made artificial intelligence (AI) chips over those from Nvidia, according to two sources familiar with the matter, as alternative suppliers on the mainland look to catch up with the US tech giant. While there is no official ban on Nvidia’s China-tailored H20 graphics processing unit (GPU),…
Kai-Fu Lee, the former president of Google China, predicts that AI-powered applications will gain widespread adoption in China more quickly than in the US. While Chinese AI models currently lag behind the US by about six months, they could soon surpass them in terms of usage. According to Lee, some of China’s less advanced AI…