China targets AI-powered price manipulation in new antitrust guidelines

China targets AI-powered price manipulation in new antitrust guidelines

A draft of the “Anti-Monopoly Compliance Guidelines for Internet Platforms”, published over the weekend by the State Administration for Market Regulation (SAMR), focused heavily on the sophisticated, often opaque ways in which online platforms with significant market power can exploit technological advantages to exclude rivals and harm consumer interests. The document identified eight “new risks”,…

Read More
Cambricon, SenseTime form strategic cooperation to support China’s tech self-reliance push

Cambricon, SenseTime form strategic cooperation to support China’s tech self-reliance push

The two companies intend to leverage their respective hardware and software expertise to promote “a new indigenous AI development paradigm”, according to a WeChat post by SenseTime, in response to the “AI Plus” strategy unveiled in August by the State Council, China’s cabinet. Beijing has made self-reliance across China’s AI stack – from integrated circuits…

Read More
Long-standing US–China rivalry continues in tech

Long-standing US–China rivalry continues in tech

HANGZHOU, China  The tech war between the US and China continues as Chinese firms Tencent and Deep Robotics produce artificial intelligence (AI) and robot technologies that rival those of their American counterparts, becoming viable alternatives in the global tech scene. The fierce and long-standing US–China rivalry is not only diplomatic or via trade but also…

Read More