Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
The Hangzhou-based start-up’s cryptic one-line post on WeChat triggered online discussions about which AI chip supplier, or suppliers, would unveil this breakthrough, even as US tech restrictions remain in place. DeepSeek’s post on Thursday said the “UE8M0 FP8 scale” of its V3.1 AI model was particularly designed “for home-grown chips to be released soon”. Apart…
LONDON, July 23, 2025–(BUSINESS WIRE)–What are the biggest cloud providers in Asia doing to meet the rising demand for AI inference? Omdia’s latest research offers an in-depth look at the evolving challenges of AI inference operations, the key trade-offs between throughput, latency, and support for diverse AI models, and the possible solutions. The report provides…
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…
Nvidia CEO Jensen Huang’s surprise visit to Beijing to meet top Chinese officials this week was meant to convey the US chip giant’s commitment to China amid Washington’s tighter restrictions on semiconductor exports, analysts said. According to the official Xinhua news agency, Huang met He Lifeng, the Chinese vice-premier in charge of US-China trade talks,…
Two Hong Kong films broke records by surpassing HK$100 million (US$12.9 million) in box office takings last year, but that did little to ease the woes of cinemas in the city. Audiences are shrinking, and venues are closing. From a peak of more than 125,000 seats in 112 cinemas in 1994, there are now under…
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…
China’s crowded and closed generative artificial intelligence (AI) market, in which at least 100 large language models (LLMs) are jostling for attention and revenues, is facing consolidation, according to analysts. One implication is that China’s AI start-ups will pivot to revenue-generating applications instead of pouring resources into basic research, an approach that would differentiate them…