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US firms in China report record pessimism, ‘brain-like’ AI unveiled: SCMP daily highlights

From Comac scoring one of its biggest overseas orders to US Supreme Court reviewing Trump’s tariffs, here’s a round-up from today’s coverage

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In a new survey, only 41 per cent of surveyed American firms expressed optimism about their five-year business outlook in China, or almost half the rate in 2021.
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1. ‘It’s hard to succeed’: US firms in China report record pessimism amid tensions

American companies doing business in China are more pessimistic about the next five years than ever before, in the face of rising geopolitical uncertainties, fierce competition and a chronic economic slowdown, according to findings by a prominent business chamber.

2. China’s aircraft maker Comac wins one of its biggest overseas orders for C909 jets

Chinese-made aircraft are set to spread their wings further in Southeast Asia after Air Cambodia announced what could become the largest ever overseas order for C909 passenger jets.

3. ‘Brain-like’ AI uses Chinese chips to run 100 times faster on ultra-long tasks

The AI system mimics how the human brain fires only the neurons it needs, according to its developers. Photo: Shutterstock
The AI system mimics how the human brain fires only the neurons it needs, according to its developers. Photo: Shutterstock

A Chinese team has unveiled what it calls the world’s first “brain-like” large language model – an artificial intelligence system designed to use less energy, perform better and operate without Nvidia chips.

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