US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…
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…
Homepage > News > Business > Hong Kong university launches first local AI language model A Hong Kong university has become the first in the city-state to launch a domestic large language model (LLM) known as HKGAI V1. The new model was developed by researchers at the Hong Kong University of Science and Technology (HKUST)…
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China will hold off on entering serious trade talks with the US while it waits to see which of Donald Trump’s advisers will have his ear and how other countries will respond to the 90-day pause on tariffs, according to sources. The Trump administration was “too divided” and China was in no rush to negotiate…
Hong Kong businesses have made extensive efforts to entice mainland Chinese visitors during the five-day Labour Day “golden week” holiday, but many tourists will opt to take recommendations from social media platform RedNote. The government anticipates around 840,000 mainland visitors between Thursday and Monday, about 10 per cent more than last year during the same…
Unlike previously, when May 1 was marked by large-scale demonstrations calling for better protection for workers, Labour Day in more recent years has passed by as a paid holiday for people to take a break. But this year offers double the reason to celebrate as two key improvements in benefits take effect today. The hourly…
After being forced to quit, Har Cheng* went to the Hong Kong food stall she had worked at for almost two decades, only to find out she had been replaced by imported labourers from mainland China. Feeling angry and mistreated, Cheng, 67, who helped wash dishes, clean tables and sell beers at the traditional dai…