China could fill a leadership vacuum left by the United States and Britain after they refused to sign a global joint declaration on “inclusive and sustainable” artificial intelligence (AI) at a recent Paris summit, analysts have said. Meanwhile, they added, countries in the Global South are unlikely to take sides in any AI rivalry between…
When Xi Jinping, China’s leader, made his entrance at a symposium with a group of top entrepreneurs this week, he seemed to be in good spirits. China has had a few good weeks. The artificial intelligence models by the start-up DeepSeek sent U.S. stocks tumbling and Western commentators screaming, “Sputnik moment.” Then an animated film…
Mainland China’s military appeared to have stepped up manoeuvres near Taiwan during the country’s extended Lunar New Year holiday, usually a quiet period for defence and exercise activity. The People’s Liberation Army (PLA) sent an average of 13 aircraft and six navy vessels near Taiwan during the 15-day holiday period, compared with nine aircraft and…
Alibaba Group’s formerly exiled founder Jack Ma’s appearance at Chinese President Xi Jinping’s recent symposium highlights Beijing’s determination to use innovative technologies to maintain its economic growth. After forcing Alibaba’s Ant Group to scrap its initial public offering in Hong Kong in November 2020, Beijing spent a year and a half tightening regulations in the…
Dependence on US chips and operating systems rapidly decreasing It would appear that US sanctions have done the opposite of what they were supposed to — the have sped up China’s chip and operating system development leading it to be less dependant on the US tech oligarchs. China’s tech giants have reassured President Xi Jinping…
Ren, the face of China’s resilience against US hostilities in technology, told Xi that concerns had eased over China’s lack of home-grown chips and operating systems – the “heart and soul” of modern technology – according to a report from the People’s Daily on Friday. “I firmly believe that a stronger China is rising at…
We recently compiled a list of the 10 Trending AI News Updates on Investors’ Radar. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against the other trending AI stocks. President Xi Jinping recently held a rare meeting at Beijing’s Great Hall of the People with some of…
Chinese President Xi Jinping. (Zhan Zheng//Xinhua via AP) China’s President Xi Jinping met with leading private sector entrepreneurs on February 17, including Alibaba founder Jack Ma, signaling a shift in Beijing’s approach toward its tech sector after years of regulatory crackdowns. The move comes as China faces economic challenges, declining business confidence, and growing concerns…
BANGKOK – An airlift carrying more than 1,000 Chinese nationals who had worked at online scam centers in eastern Myanmar began Thursday, after the rescued workers were taken across the border to Thailand and put on chartered flights to China. Thailand, China and Myanmar have coordinated efforts over the past month to shut down the…
WASHINGTON – President Donald Trump’s restrictions on foreign aid and targeting of a key agency funding programs around the world may be offering an opening to America’s biggest adversary — China. From the dismantling of the U.S. Agency for International Development to quitting international groups, Trump’s drastic “America First” moves have raised concerns among some…