China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions that have pushed Beijing to bolster its homegrown tech industry. Analysts and the companies themselves…
Construction has begun on a major data centre in Northern Metropolis, with Hong Kong’s innovation and technology minister saying the project will supercharge the city’s computing power and drive the national AI push. A groundbreaking ceremony was held on Saturday at the Range (Hong Kong) Sandy Ridge Data Facility Cluster, which spans more than 110,000…
NEWYou can now listen to Fox News articles! Sen. John Fetterman, D-Pa., pushed back against the prospect of imposing a moratorium on artificial intelligence data centers in the U.S., blasting the policy proposal as “China First.” “The emerging chassis of AI must be built by America. We can put appropriate guardrails in place without handing…
Hong Kong’s Ocean Park has started using AI to better track the behaviour of its giant panda twins and golden monkeys, allowing for more personalised care and improved habitat design, with plans to extend the technology to dolphin research. The theme park’s chairman, Paulo Pong Kin-yee, also reported a surge in overseas visitors over the…
“AI Anxiety” is real and its growing as fast as the spread of AI in daily life. In China, where the spectacle of humanoid robots performing a perfectly synchronised dance is seen as technological progress, it has also occasioned “AI Anxiety”. It reflects a fear of being outpaced by technology. Of what it could mean…
Global investors should take a fresh look at China, where rapid technological advancement is converging with declining geopolitical risk relative to other regions, senior investment executives said at the Milken Institute’s Global Investors’ Symposium on Monday. The event in Hong Kong brought together 500 business leaders and senior executives from the investment, banking, finance, technology…
NEWYou can now listen to Fox News articles! Federal prosecutors charged three men linked to Super Micro Computer Inc. in a sweeping scheme to smuggle billions of dollars in U.S. artificial intelligence technology to China using fake documents, shell companies and staged equipment, officials said. The defendants allegedly diverted $2.5 billion worth of AI servers…
HONG KONG (AP) — China’s technology giant Alibaba Group pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it said would be powered by the AI demand boom. The announcement of the ambitious target came as the company posted a…
Artificial intelligence has become the central battleground of global power. Governments are now competing not just in algorithms but across four strategic assets: Compute, chips, data and talent. The result is an emerging geopolitical map often described as the “AI Cold War” with the United States, China and Europe building competing ecosystems while middle powers…
Forbes has released their annual billionaires list. For their 2026 list of the richest people in the world, the business magazine saw 400 new individuals added to their rankings since last year, citing the proliferation of artificial intelligence as the primary reason for their arrival. This marks a new record for the publication, a total of…