31 h. ago Beijing Crushes the Stablecoin Dream as Tech Giants Learn Who’s Boss

Beijing Crushes the Stablecoin Dream as Tech Giants Learn Who’s Boss  TipRanks

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34 h. ago Chinese Tech Giants Pause Hong Kong Stablecoin Plans After Beijing Intervention

Chinese Tech Giants Pause Hong Kong Stablecoin Plans After Beijing Intervention  Bitcoin.com News

Politics

35 h. ago Beijing Halts Chinese Tech Giants’ Stablecoin Ambitions in Hong Kong

Beijing Halts Chinese Tech Giants’ Stablecoin Ambitions in Hong Kong  Crypto News Australia

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37 h. ago Beijing Halts Tech Giants' Stablecoin Ambitions in Hong Kong: FT

Beijing Halts Tech Giants' Stablecoin Ambitions in Hong Kong: FT  Decrypt

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47 h. ago Beijing moves to stop Chinese tech giants from issuing stablecoins in Hong Kong: FT

Beijing moves to stop Chinese tech giants from issuing stablecoins in Hong Kong: FT  theblock.co

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49 h. ago Chinese tech giants pause stablecoin projects amid Beijing opposition

Chinese tech giants pause stablecoin projects amid Beijing opposition  CoinCentral

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53 h. ago Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT

Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT  TradingView

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63 h. ago Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports By Reuters

Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports By Reuters  Investing.com

Politics

63 h. ago Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports

Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports  Reuters

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64 h. ago Chinese tech giants pause stablecoin plans after Beijing steps in

Chinese tech giants pause stablecoin plans after Beijing steps in  Financial Times

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4 d. ago A token of intent: Doubao’s data surge cements ByteDance’s AI ambitions

Chinese tech giant ByteDance has more than doubled the number of tokens processed by its flagship Doubao large language models (LLMs) in the past six months, highlighting a surge in artificial intelligence use among Chinese consumers and placing it among the top global hyperscalers. Doubao’s average daily token usage jumped from 12.7 trillion tokens in March to over 30 trillion tokens in September, ByteDance’s Volcano Engine cloud unit president, Tan Dai, said at a corporate event on...

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7 d. ago How China's threats to clamp down on rare earth exports could wreak havoc on US tech giants, military contractors

How China's threats to clamp down on rare earth exports could wreak havoc on US tech giants, military contractors  New York Post

Events

1 week ago Chinese fintech giant Ant releases powerful AI model to rival DeepSeek, OpenAI

Chinese fintech giant Ant Group has released a new open-source, trillion-parameter large language model (LLM) that boasts stronger maths and coding capabilities than rival models from DeepSeek and OpenAI, escalating the intense competition in artificial intelligence systems. The new general-purpose Ling-1T model, with 1 trillion parameters, demonstrated “superior complex reasoning ability and overall advantage” against both open-source and closed-source rivals, the company said on Thursday. It...

Economics

1 week ago China Tightens Grip On Rare Earth Exports To Protect 'National Security' As Tech Giants Brace For Impact

China Tightens Grip On Rare Earth Exports To Protect 'National Security' As Tech Giants Brace For Impact  Benzinga

Events

1 week ago Alibaba’s Qwen lab sets up robotics team, showcasing its AI ambitions

Alibaba Group Holding has established a robotics artificial intelligence team at its Qwen laboratory, marking its entry into the AI-powered hardware industry as tech giants accelerate their development in the field, according to a researcher from the lab. “In case you don’t know, I set up a small team for robotics and embodied AI inside Qwen,” Lin Junyang, a tech leader at Qwen, said in a social media post on Wednesday, sparking speculation about Alibaba’s strategic initiatives in creating...

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2 w. ago Alibaba’s Amap AI feature an instant hit with 400 million users since launch

Alibaba Group Holding said the destination ranking feature in its Amap mapping service has racked up 400 million users since being launched last month, as the tech giant doubles down on efforts to challenge rival delivery platform Meituan in local services. Amap Street Stars, launched on September 10 to provide artificial intelligence-based rankings for restaurants, hotels and tourist attractions, has so far been used by 400 million users, nearly half of Amap’s monthly active users, Alibaba said...

Events

3 w. ago Chinese display manufacturing giant BOE makes foray into robotics, AI software

Apple supplier BOE Technology Group, the world’s largest display maker, has established a new subsidiary to lead its foray into robotics and artificial intelligence software. Launched on Thursday, Beijing BOE Robot has a registered capital of 200 million yuan (US$28 million), according to corporate data provider Qichacha. The subsidiary was described as a developer of industrial robots and AI software, joining other major manufacturers that are pursuing robotics-related development...

Events

3 w. ago Stablecoin giant Tether seeks funding at US$500 billion valuation

Tether Holdings, issuer of the world’s largest stablecoin, is in talks with investors to raise as much as US$20 billion, a deal that could propel the cryptocurrency firm into the highest ranks of the world’s most valuable private companies. The El Salvador-based company is seeking between US$15 billion and US$20 billion in exchange for a roughly 3 per cent stake through a private placement, according to two people familiar with the matter. Another person involved in the process cautioned that...

Economics

3 w. ago Alibaba to boost AI spending as China tech giant sees AGI as new start

Alibaba Group Holding plans to increase its capital expenditures on artificial intelligence infrastructure from the original 380 billion yuan (US$53 billion) over the next three years, the group’s CEO said on Wednesday. Eddie Wu Yongming, also the chairman of Alibaba Cloud, said at the Apsara Conference in Hangzhou, in China’s eastern Zhejiang province, that Alibaba’s cloud unit aimed to become “the world’s leading full-stack AI service provider” from computing power to models. Wu did not,...

Politics

3 w. ago Hong Kong stocks rise, led by tech as Alibaba surges on AI investment boost

Hong Kong stocks rose on Wednesday, ending a two-day decline, after Chinese tech giant Alibaba announced plans to scale up investment in artificial intelligence infrastructure and got a vote of confidence from a prominent US investor, sparking a rally in the wider Chinese tech sector. The Hang Seng Index rose 1.4 per cent to close at 26,518.65. The Hang Seng Tech Index rose 2.5 per cent. On the mainland, the CSI 300 Index rose 1 per cent and the Shanghai Composite Index added 0.8 per...

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