Wuzhen Summit: China creates AI advisory body, with Alibaba Cloud founder as chief expert

Wuzhen Summit: China creates AI advisory body, with Alibaba Cloud founder as chief expert

China has created a new specialist committee on artificial intelligence (AI), as part of the country’s vision for the development and governance of the technology, amid simmering tensions between Beijing and Washington. The AI Experts Committee will help spearhead efforts to promote the country’s perspective on how the fast-growing technology should be governed, according to…

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Zhipu, one of China’s ‘AI Tigers’, raises US$210 million for venture capital fund

Zhipu, one of China’s ‘AI Tigers’, raises US$210 million for venture capital fund

Zhipu AI, one of China’s top generative artificial intelligence (GenAI) start-ups, has announced the initial closing of its venture capital vehicle, which aims to invest in related start-ups to strengthen the company’s ecosystem, borrowing a page from ChatGPT owner OpenAI. The Zhipu Ecosystem Fund, also known as the Z Fund, raised 1.5 billion yuan (US$211…

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China’s small but beautiful ‘little giants’ charged with punching above their weight

China’s small but beautiful ‘little giants’ charged with punching above their weight

In China’s eastern coastal city of Ningbo lies a little-known manufacturer that makes one of the world’s thinnest amorphous-nanocrystalline alloys, more commonly known as magnetic “liquid metals”. The stand-out of the product line are soft, nano-sized magnetic materials that measure no thicker than 14 nanometres. To put that into perspective, a human hair is around…

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