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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the...
South China Morning Post via Yahoo Finance· 3 days agoIn the 18 months since Microsoft-backed OpenAI launched ChatGPT, Chinese tech firms large and small...
Alibaba invests US$27 million in education start-up to expand its generative AI portfolio amid price...
South China Morning Post via Yahoo Finance· 5 days agoAlibaba Group Holding has invested around 200 million yuan (US$27.6 million) in artificial intelligence (AI) education start-up Zhejiang Jingzhunxue, as the Chinese e-commerce giant continues ...
Cheetah Mobile Inc. (NYSE:CMCM) stock most popular amongst public companies who own 61%, while...
Simply Wall St. via Yahoo Finance· 2 days agoKingsoft Corporation Limited is currently the company's largest shareholder with 45% of shares...
Tencent sharpens focus on ‘evergreen’ video games in mainland China
South China Morning Post· 6 days agoIn 2023, mainland video game sales increased 14 per cent year on year to 303 billion yuan, according...
Spotify Profit Push Emboldens Bulls and Spurs Record Win Streak
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- It’s been less than a year since Spotify Technology SA raised prices on its US...
Beijing asks Tencent to lower WeChat's mobile payment market share
Nikkei Asian Review· 4 days agoUbiquitous app is in the crosshairs as regulators take aim at tech 'monopolies'
Economist Paul Romer sees AI as hype, FDI real path to growth
South China Morning Post· 5 days agoFor Romer, though, waiting for AI to push worker productivity growth to new heights is a fool’s...
Bill Hwang Fights to Keep Tiger Asia Past From Archegos Jury
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- When Archegos Capital Management approached Bank of Montreal about becoming a trading...
More firms embracing generative AI tools
China Daily· 8 hours agoAbout 85 percent of Chinese business leaders plan to increase investments in generative artificial intelligence in 2024, as AI and other disruptive technologies evolve to be more human-centric ...
Didi Reports Bigger Loss as Incentives, EV Bet Continue to Weigh
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Didi Global Inc.’s net loss grew in the March quarter, after climbing marketing costs...
