Hong Kong stocks rose on Thursday, led by carmakers, after China pledged to curb “irrational competition” in the electric vehicle (EV) sector. The Hang Seng Index advanced 0.3 per cent to 24,602.04 at 9.40am local time. The Hang Seng Tech Index added 0.3 per cent. On the mainland, the CSI 300 Index strengthened 0.3 per…
Beijing-based Baidu has now enlarged the mobile app’s search bar and turned it into a “smart box” that supports long text input and handles more tasks than simple text-based queries and information retrieval, according to the company’s statement on Wednesday. This search box is capable of handling prompts that are thousands of words long, rather…
Hong Kong stocks rose for a sixth straight day after Beijing unveiled a number of measures to support the economy and stabilise its markets ahead of US-China tariff talks this weekend. Overnight, the US Federal Reserve kept its interest rate unchanged, reiterating that it was not in a hurry to make cuts. Also, the Trump…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…
Major Chinese technology companies are racing to launch services based on the open model context protocol (MCP), which enables Manus-like artificial intelligence (AI) agents to connect with third-party online tools, data sources and systems – a trend that could expand the commercial adoption of such applications. Alipay operator Ant Group – the fintech affiliate of…
Chinese tech giants are playing a different AI game. US AI companies — like OpenAI and Anthropic — usually keep their most powerful models locked behind paywalls for consumers or license them to enterprises. China’s biggest players, in contrast, are handing theirs out for free — and rolling them out across everyday tech at breakneck…
Microsoft has closed its IoT & AI Insider Lab in Shanghai’s Zhangjiang hi-tech zone, marking the latest sign of the US tech giant’s retreat from China amid rising geopolitical tensions. The Shanghai lab, meant to help with domestic development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, closed earlier this year, according…
DeepSeek has not only boosted China’s confidence in its quest for leadership in the global artificial intelligence (AI) industry, but also rapidly transformed the domestic AI model landscape into a solar system, where the start-up becomes the sun around which a number of major planets revolve. A year ago, China’s large language model (LLM) sector…
Listen to article Baidu, a leading Chinese internet search company, has unveiled new low-cost artificial intelligence (AI) reasoning foundation models in an effort to remain competitive in China’s rapidly advancing AI sector. Introduced the X1 reasoning model and a new version of its foundation model, Ernie 4.5, marking a significant development in the Chinese AI race. Baidu’s…