The southern Chinese megacity of Shenzhen has unleashed a barrage of policies aimed at propelling itself to the forefront of the global artificial intelligence and robotics industries, as the metropolis seeks to reaffirm its status as China’s leading technology hub. In a rare move, the city rolled out three major action plans in a single…
China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in “new-type infrastructure” investment for the year as it called on the city to embrace challenges like a “seabird braving the storm.” When delivering the city’s work report on Tuesday, Shenzhen Mayor…
These include Zhengzhou, capital of the central province of Henan, where the city’s Communist Party chief An Wei urged senior city officials to “deeply study and master the use of AI models such as DeepSeek, and make full use of AI to support decision-making, analysis and problem-solving”, according to the city’s official newspaper. The local…
Technological dominance was once synonymous with proprietary innovations. But recent history suggests differently: true disruption comes from making technology cheap, accessible and inescapable. China rejects the traditional high-cost, high-margin model of innovation. While foundational artificial intelligence (AI) and biotechnological breakthroughs still largely originate in the United States, China excels at rapidly scaling up and optimising…
Chinese President Xi Jinping will host a meeting next week with some of the nation’s top entrepreneurs – including six Hangzhou-based start-ups known as the “Six Little Dragons” – to recognise progress in critical areas of technological advancement and show support to the private sector, according to sources. Between 20 and 30 founders and chief…
Among the many storylines emerging in the wake of the sudden rise of Chinese AI development firm DeepSeek has been the importance of talent retention, which has taken on a new sense of urgency in light of the country’s growing tech race with the United States, according to analysts. The debut of the little known…
Hangzhou, the capital of China’s southeastern Zhejiang province, is rapidly gaining recognition as a leading technology hub in the country with the rise of local start-ups known as the “Six Little Dragons”. Among the hottest of the start-ups right now is DeepSeek, which captured global attention this year for its cost-efficient artificial intelligence (AI) models….
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…
China’s AI tech stocks surged after the Chinese New Year public holidays. DeepSeek’s rise challenges Western AI dominance and boosts Chinese tech sector confidence. However, broader Chinese markets fell amid US-China trade war jitters. DeepSeek-related Chinese tech stocks surged on Wednesday, despite trade war jitters that hit the broader market. Last week, affordable Chinese AI…
DeepSeek may prove to be China’s most important technological contribution to the world in almost two centuries, according to a leading scientist. Rao Yi, the president of Capital Medical University in Beijing, argued in a post on social media: “DeepSeek is the biggest shock to human society to come out of China in terms of…