The Stargate Project – a venture initially led by SoftBank Group, ChatGPT creator OpenAI, Oracle and Emirati investment firm MGX – plans to plough up to US$500 billion in the US over the next four years into an advanced network of data centres, housing high-performance computing infrastructure needed for AI development initiatives. The first such…
TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US export restrictions on advanced chips. The Beijing-based company introduced its closed-source multimodal model Doubao 1.5 Pro on Wednesday, emphasising a “resource-efficient” training approach that it said does not…
Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of technology, education, science, culture, health and sports – offered Li their opinions and suggestions for a draft government work report, according to official news agency Xinhua. Hangzhou-based start-up DeepSeek last December made waves in the…
China is doubling down on efforts to appeal to foreign investors, with Premier Li Qiang promising offshore players wider access to the country’s markets and better services. Addressing company executives in the eastern economic powerhouse of Zhejiang, Li said China put high value on the development of foreign-invested firms and would “steadily expand” their access…
US-sanctioned Chinese surveillance giant Hikvision has terminated five contracts with local government authorities in Xinjiang, as it braces for the second term of US president-elect Donald Trump, who first put Hikvision on a trade blacklist in 2019. Hikvision ended the contracts for its public security projects in the far-western region of China, where local subsidiaries…
Difficulty: Summiteer (Level 3) Beer tastes better when cold, oranges are always sold in red mesh bags, and human fetuses feel disgusted at the flavour of kale but smile for carrots. Scientific explanations for these strange findings can be found in 10 studies honoured at the Pineapple Science Award in Hangzhou. Winners also included research…
Wang Xujia, a renowned Chinese-Australian mathematician and a Fellow of the Australian Academy of Sciences, has returned to his hometown of Hangzhou to join China’s prestigious Westlake University after nearly three decades abroad. Wang left his position as a professor at the Australian National University’s Centre for Mathematics and its Applications – where he has…
China has created a new specialist committee on artificial intelligence (AI), as part of the country’s vision for the development and governance of the technology, amid simmering tensions between Beijing and Washington. The AI Experts Committee will help spearhead efforts to promote the country’s perspective on how the fast-growing technology should be governed, according to…
The e-commerce giant is committed to laying the infrastructural groundwork and supporting systems for AI development in the country, Wu told attendees at the World Internet Conference hosted by the Cyberspace Administration of China in the canal town of Wuzhen in eastern Zhejiang province. “In the next three decades, AI will comprehensively enhance productivity across…
Alibaba Group Holding raised US$5 billion from a multi-tranche dual-currency bond offering, the Chinese e-commerce giant said on Wednesday, an initiative that looks to enhance Hong Kong’s role as an international financial centre. The company’s latest bond offering reflects efforts by the mainland and Hong Kong to bolster the city’s financial standing, including its function…