(Bloomberg) — Beijing Smart Walnut Education Technology Co., a provider of services that help children learn to code, is one of several Chinese firms considering initial public offerings in the US despite market turmoil and friction between Washington and Beijing, according to people familiar with the matter. Most Read from Bloomberg Walnut Coding, as Beijing…
More than $16 billion in orders for Nvidia’s (NVDA, Financials) H20 server chips have been placed by Chinese firms during the first quarter of 2025, according to a report by The Information citing individuals familiar with the matter. The buyers include some of China’s most prominent technology companies: ByteDance, Alibaba Group (BABA, Financials), and Tencent…
(Bloomberg) — Donald Trump’s push to restrict US investments in China is testing what in theory should be an ironclad financial relationship — the tight link between Chinese shares trading in New York and Hong Kong. Most Read from Bloomberg Alibaba Group Holding Ltd.’s US shares traded at an average 2.1% discount to those in…
(Bloomberg) — The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. Most Read from Bloomberg In recent days, President Donald Trump has rolled out a memorandum telling a key government…
By Samuel Shen and Jiaxing Li SHANGHAI/HONGKONG (Reuters) – Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-U.S. technology war. Feverish buying has pumped up shares of Chinese chipmakers, software…
The sudden success of Chinese artificial intelligence (AI) start-up DeepSeek comes as a morale booster for the country’s researchers and tech companies, who have been tasked by Beijing to push for breakthroughs in the face of US-led curbs on the trade, industry participants and analysts said. DeepSeek’s emergence has also changed perceptions among economists and…
Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But with OpenAI’s long-awaited Sora video generation tool launching only earlier this month, the 34-year-old entertainment industry professional from Beijing has been experimenting with a wide range of Chinese alternatives. “Whenever there’s a new product release,…
Can China innovate and outcompete the US in their pitched battle for technological supremacy? A 20-month investigation into the innovation performance of 44 Chinese firms across key technologies – including nuclear power, semiconductors, artificial intelligence, electric vehicles and materials science – revealed a troubling yes for the US. On Wednesday, analysts from the Information Technology…