Naphjas Inc. |

13 Mar Geely-backed smartphone maker DreamSmart taps CICC, Huatai for potential Hong Kong IPO, sources say

Posted at 03:54h in Asia

DreamSmart Group, the smartphone maker that last year pivoted towards developing artificial intelligence (AI) for mobile devices, has selected banks to prepare for its Hong Kong initial public offering (IPO) that may value it at more than 15 billion yuan (US$2.1 billion).The start-up behind popular...

11 Mar ‘Two sessions’ 2024: China’s lawmakers call for more AI development to catch up with US, while keeping it under regulatory control

Posted at 01:00h in Asia

“We must establish a unified market for computing power services and the effective use of resources across the country,” Yu, a CPPCC member, said.Xi Jinping’s hi-tech push steals the spotlight at China’s ‘two sessions’His appeal resonated with other delegates, including telecoms equipment maker ZTE’s senior...

08 Mar Alibaba pushes AI tools to merchants wanting to tap overseas markets, as competition with Temu and Shein heats up

Posted at 14:30h in Asia

Alibaba International has launched a new campaign to promote its artificial intelligence (AI) tools aimed at helping merchants to tap overseas markets on Alibaba.com, in the latest push to expand cross-border e-commerce business.The new campaign says Alibaba’s generative AI tools can be used to “lower...

07 Mar GenAI poised for rapid adoption in fight against online fraud, according to researchers

Posted at 23:00h in Asia

Generative artificial intelligence (GenAI) technology is poised for rapid adoption in the fight against cybercrime, helping to reverse some of the fraud driven by AI, recent research finds.More than 83 per cent of organisations said they intend to use GenAI to combat fraud efforts over...

07 Mar Lenovo to increase its AI efforts in Hong Kong, citing city’s embrace of emerging technology

Posted at 11:30h in Asia

Lenovo Group, the world’s biggest personal computer (PC) maker, is increasing its artificial intelligence (AI) initiatives in Hong Kong, where it says companies are more willing to embrace AI than elsewhere.In a recent survey of global corporate chief information officers (CIOs) by Lenovo, 95 per...

04 Mar Chinese researchers aim to ‘reproduce’ OpenAI’s text-to-video model Sora with help from open source community

Posted at 13:00h in Asia

A team of researchers is making a fresh push to develop China’s answer to OpenAI’s text-to-video model Sora, in the latest sign of the country’s generative artificial intelligence (AI) frenzy.Professors from China’s Peking University and Shenzhen-based AI company Rabbitpre on March 1 jointly launched an...

29 Feb Exclusive | AI takes priority at TikTok owner ByteDance, as Sora disrupts the future of video creation

Posted at 13:30h in Asia

ByteDance is “secretly” working on multiple AI products, including text-to-image and text-to-video technology, according to a report on Wednesday by Chinese media outlet Jiemian.The team responsible for video-editing app CapCut, managed by Kelly Zhang Nan – former CEO of the Douyin unit, which oversees TikTok’s...

28 Feb Baidu reports modest revenue growth amid signs search engine giant’s big tilt to AI is beginning to pay off

Posted at 10:08h in Asia

China search engine and artificial intelligence (AI) giant Baidu reported modest revenue growth in the three months to end-December as the Beijing-based company’s big investments in AI begin to pay off.Baidu posted revenue of 35 billion yuan (US$4.9 billion) for the quarter, up 6 per...

25 Feb Opinion | Why chipmakers’ stock surge is no guarantee of AI revolution’s future

Posted at 12:15h in Asia

Some of the controversies are easier to manage. The machine learning driven by generative AI has already shown its value in speedy and reliable early indication of diseases, for example. We are at the earliest stages of discovering how these new technologies can enhance productivity...

24 Feb OpenAI’s Sora pours ‘cold water’ on China’s AI dreams, as text-to-video advancements prompt more soul-searching

Posted at 00:00h in Asia

Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported...

AI Tag