OpenAI says Zhipu AI accelerates China’s global efforts to challenge US tech dominance

OpenAI says Zhipu AI accelerates China’s global efforts to challenge US tech dominance

OpenAI said its analysts found that Chinese artificial intelligence (AI) start-up Zhipu AI had made “notable progress” in providing infrastructure solutions to governments and state-owned firms in non-Western markets, as Beijing seeks to strengthen its global leadership in the rapidly evolving technology. In a post on Wednesday, the ChatGPT maker, which has previously urged Washington…

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The electronic display board at the Connect Hall in the Hong Kong stock exchange building on May 20, 2025. Photo: Xinhua

Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai…

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The electronic display board at the Connect Hall in the Hong Kong stock exchange building on May 20, 2025. Photo: Xinhua

Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

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…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

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…

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Tech war: Nvidia CEO’s China visit seen as sign of market commitment amid US restrictions

Tech war: Nvidia CEO’s China visit seen as sign of market commitment amid US restrictions

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,…

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