Optimism over the promise of AI technology has sparked a rush of multi-billion-dollar deals (Kazuhiro NOGI) Japan’s SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market bubble. The tech investment giant — a major backer…
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 7% in the afternoon session after it experienced continued positive sentiment following the company’s record second-quarter financial results reported in early August. The recent momentum follows a period where the stock has gained significantly, driven by the strong quarterly performance. In its last report, the…
Home » CHINA TRAVEL NEWS » Tianjin Binhai Airport, China Enhances Immigration Facilities with AI Travel Technology Ahead of SCO Summit Published on August 29, 2025 Tianjin Binhai International Airport, China has made a significant upgrade to its immigration inspection facilities, just in time for the upcoming Shanghai Cooperation Organization (SCO) Summit. This newly expanded…
Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first…
Investors have been eager to know if the billions of dollars of AI investment are actually delivering a return for companies. Morgan Stanley thinks the answer is yes. The bank’s latest version of its AI Adopter survey shows that AI exposure and adoption are clearly gaining steam. Over the last few months, the financials sector…
NEW YORK and PARIS, June 10, 2025 /PRNewswire/ — PicCopilot, an AI-powered visual design platform within Alibaba International Digital Commerce Group (“Alibaba International”) today announce the official launch of PicCopilot Fashion Reels, a tool that transforms product photos into model try-on videos for fashion retailers. PicCopilot, known for its AI-powered e-commerce design tools, developed PicCopilot Fashion Reels…
IN A NUTSHELL 🚫 Trump’s Ban on advanced AI chip exports to China aims to curb China’s technological rise but has paradoxically fueled its self-reliance. 🌐 Over six years, China has developed a self-sufficient tech ecosystem, with companies like Huawei and ByteDance leading the way in innovation. 🔗 The move has accelerated a technological decoupling…
Mar 10, 2025 Full Truck Alliance (FTA), often hailed as China’s “Uber for trucks,” is contemplating a renewed push for a secondary listing in Hong Kong. According to Reuters, this reconsideration comes amid a surge in investor optimism and ongoing geopolitical frictions between China and the United States. Originally, FTA had planned a dual primary…
OpenAI has announced that it has banned several users from China and North Korea from using its ChatGPT platform. The decision comes after the company discovered that these users were exploiting the AI technology for malicious purposes, including surveillance and influence operations.According to OpenAI, the banned accounts were involved in activities that align with tactics…
(Bloomberg) — Apple Inc.’s iPhones will use Alibaba Group Holding Ltd.’s AI technology, the Chinese firm’s chairman said, affirming reports the e-commerce pioneer had scored a coveted role in helping power the iPhone in the world’s top mobile arena. Most Read from Bloomberg Joseph Tsai’s comments came after his company’s shares rose to a 2022…