https://www.scmp.com/rss/523187/feed The latest news and top stories on Andreessen Horowitz. A leading entity in the venture capital sector, California-based Andreessen Horowitz (a16z) specialises in investing in technology companies, from early-stage start-ups to established growth firms. It primarily targets entrepreneurs across diverse sectors like AI, crypto and healthcare, providing capital and strategic support. Known for significant investments in industry giants and managing over $42 billion in assets, a16z is a prominent... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Eunice Xu Eunice Xu China’s open-source artificial intelligence models accounted for nearly 30 per cent of total global use of the technology, while Chinese-language prompts ranked second in token volume behind English, according to a report. This year’s surge in open-source large language model (LLM) usage around the world had been fuelled by Chinese-developed systems, including Alibaba Group Holding’s Qwen family of models, DeepSeek’s V3 and Moonshot AI’s Kimi K2, according to a recently published report by... https://www.scmp.com/tech/tech-trends/article/3335602/chinas-open-source-models-make-30-global-ai-usage-led-qwen-and-deepseek?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3335602/chinas-open-source-models-make-30-global-ai-usage-led-qwen-and-deepseek?utm_source=rss_feed Mon, 08 Dec 2025 09:30:07 +0000 Vincent Chow Vincent Chow When Alibaba Group Holding’s CEO Eddie Wu Yongming took the stage at the company’s annual Apsara conference in Hangzhou on September 24, few people expected the media-shy executive to deliver anything shocking, especially since he read from prepared statements at last year’s event. Wu, however, immediately outlined a clear road map for Alibaba’s AI development, with a goal towards so-called artificial superintelligence (ASI) – when the firm’s Qwen open-source models and cloud services would... https://www.scmp.com/tech/tech-war/article/3328568/chinas-lesson-us-it-takes-more-chips-win-ai-race?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3328568/chinas-lesson-us-it-takes-more-chips-win-ai-race?utm_source=rss_feed Sat, 11 Oct 2025 04:00:13 +0000 Frank Chen Frank Chen The White House claimed on Saturday that the US operations of TikTok will be spun off, its board will be mostly Americans and its algorithm will be controlled in the US, after President Donald Trump and his Chinese counterpart Xi Jinping discussed a deal for the short video platform in a phone call on Friday. The US unit of TikTok will be majority-owned and controlled by American investors under the deal to separate from its Chinese owner, ByteDance, White House Press Secretary Karoline Leavitt... https://www.scmp.com/news/world/united-states-canada/article/3326269/us-tiktok-deal-gives-americans-6-7-board-seats-white-house?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3326269/us-tiktok-deal-gives-americans-6-7-board-seats-white-house?utm_source=rss_feed Sat, 20 Sep 2025 15:13:23 +0000 Bloomberg Bloomberg In a hotel-turned-campus on a reclaimed island in Malaysia, crypto and tech entrepreneurs are building software, chomping down on Australian prime rib-eye, hitting the gym – and getting schooled in a radical blueprint for creating new sovereign states from scratch. They have descended on Forest City to attend Network School, the brainchild of former Coinbase executive and The Network State author Balaji Srinivasan. In this troubled megaproject once envisaged to house some 50 times its current... https://www.scmp.com/news/asia/southeast-asia/article/3323616/can-tech-bros-build-new-nations-malaysias-forest-city-boot-camp-tests-idea?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3323616/can-tech-bros-build-new-nations-malaysias-forest-city-boot-camp-tests-idea?utm_source=rss_feed Fri, 29 Aug 2025 07:30:08 +0000 Coco Feng Coco Feng TikTok owner ByteDance has denied a recent report that it agreed to sell its US operations to a consortium led by Oracle, according to multiple Chinese media. On Monday, Chinese media GeekPark published an article saying that the Beijing-based social media giant had given the nod for a sale to a group led by Oracle, in which it would maintain a minority stake. The article has since been removed. Meanwhile, the company is reportedly working on new versions of the popular short video app, as well... https://www.scmp.com/tech/big-tech/article/3317368/tiktok-owner-denies-accepting-oracle-deal-deadline-approaches-us-sell-or-ban-law?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3317368/tiktok-owner-denies-accepting-oracle-deal-deadline-approaches-us-sell-or-ban-law?utm_source=rss_feed Tue, 08 Jul 2025 09:00:16 +0000