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IPO
SoftBank selects banks for US IPO of payments app amid tech rebound
US IPO activity has gained momentum in a long-awaited rebound, supported by strong tech earnings and signs of progress in trade talks.
42 minutes ago
Alibaba
Alibaba’s AI lab becomes target for talent poaching by Chinese rivals
10 Aug 2025 - 10:00AM
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Artificial intelligence
OpenAI’s GPT-5 draws mixed reviews in China amid heightened AI competition
9 Aug 2025 - 7:06PM
12
Semiconductors
Unicorn Z.ai adapts models for Huawei chips to broaden China’s AI ecosystem
Huawei’s Ascend processors used on AI servers and Kirin chips that run inside smartphones are now compatible with Z.ai’s GLM models.
9 Aug 2025 - 5:09PM
Huawei’s tie-up with Z.ai shows a deeper integration of China’s AI ecosystem. Photo: Shutterstock
Semiconductors
US starts issuing licences to Nvidia to export H20 chips to China, official says
It is unclear how many licences may have been issued, which firms Nvidia was permitted to ship to, and the value of the shipments allowed.
9 Aug 2025 - 11:35AM
8
E-commerce
Free drinks fuel delivery wars between Alibaba and Meituan
The past week has seen an escalation in the ‘free drinks war’ between the delivery giants, an extension of their broader price competition.
8 Aug 2025 - 9:08PM
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Banking & finance
China Renaissance founder Bao Fan set free more than 2 years after disappearance
News of Bao’s release could provide some relief for his company, which recently invested in stablecoin issuer Circle Internet Group.
8 Aug 2025 - 8:54PM
Bao Fan, founder of China Renaissance Holdings. Photo: Nora Tam
Semiconductors
China’s SMIC downplays impact of Trump’s proposed 100% tariff on chip imports
China accounted for 84.1 per cent of SMIC’s sales in the second quarter, compared with 12.9 per cent from the Americas.
8 Aug 2025 - 7:00PM
Tesla
Tesla disbands Dojo supercomputer team in blow to AI semiconductor effort
The decision marks a major shift for a programme years in the making, with Dojo once positioned as central to Tesla’s AI ambitions.
8 Aug 2025 - 3:09PM
TSMC
TSMC trade secrets leak puts Japan’s Tokyo Electron on hot seat
The chip-gear maker and its peers have regularly been targeted for their intellectual property by entities with ties to China.
8 Aug 2025 - 10:26AM
Semiconductors
China’s chipmakers to see small impact from Trump’s 100% tariff on imports: CLSA
In the first half of 2025, China’s chip exports to the US reached US$983.7 million, an 11 per cent year-on-year decline, customs data show.
8 Aug 2025 - 7:00AM
China’s integrated circuit exports to the US last year were valued at US$2.2 billion, according to customs data. Photo: Shutterstock
Artificial intelligence
OpenAI poised to release GPT-5 model days after launching 2 new open systems
Speculation on GPT-5’s capabilities includes improved overall efficiency, increased problem-solving and logic-based decision-making.
7 Aug 2025 - 8:10PM
Robotics
World robotics conference in China marks 10th year with JD.com as partner
JD.com will announce a strategic plan for promoting the industry’s development at the 2025 World Robot Conference in Beijing.
7 Aug 2025 - 7:00AM
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Donald Trump
Trump says Apple investing another US$100 billion in US manufacturing
CEO Tim Cook says the company will be bringing more of its supply chain and advanced manufacturing to the United States.
7 Aug 2025 - 5:56AM
9
Alibaba
Alibaba debuts loyalty scheme with shopping discounts, hotel perks
The membership programme is designed to drive mutual growth in various Alibaba services by leveraging the firm’s core e-commerce business.
6 Aug 2025 - 9:24PM
A new multi-tier membership programme on Taobao offers users benefits across several Alibaba apps in an effort to drive business synergy. Photo: Shutterstock
Semiconductors
‘No kill switches and back doors’: Nvidia reasserts security of its AI chips
Embedding weaknesses into chips would ‘undermine global digital infrastructure and fracture trust in US technology’, Nvidia says.
6 Aug 2025 - 7:06PM
10
Artificial intelligence
OpenAI’s new open-source models seen as challenge to China’s lead in the field
Co-founder and CEO Sam Altman said in an X.com post that OpenAI’s two new open-source models were ‘a big deal’.
6 Aug 2025 - 3:00PM
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OpenAI
OpenAI in talks for share sale at US$500 billion valuation, sources say
If the deal goes ahead, it would elevate OpenAI’s valuation on paper by two-thirds to US$500 billion, making it one of the world’s largest privately held companies.
6 Aug 2025 - 12:18PM
OpenAI’s logo on May 20, 2024. Photo: Reuters
Artificial intelligence
Palantir books its first US$1 billion in quarterly sales and dodges DOGE axe
Since going public in 2020, the artificial intelligence software company has swung swiftly to a profit and sales are booming.
6 Aug 2025 - 11:40AM
Banking & finance
Exclusive
|
Standard Chartered says it saves millions of dollars with ‘talent marketplace’
London-based bank says with its talent platform, share of jobs filled internally increases by 10 per cent over the past year.
6 Aug 2025 - 8:45AM
Artificial intelligence
AI is the new buzzword at China’s biggest video gaming trade show
From AI-generated characters to 3D technology, companies showcase the expanding applications of AI in video games.
6 Aug 2025 - 7:00AM
Alibaba
Alibaba unites online shopping, travel booking under new loyalty scheme
Members of the new membership programme will enjoy benefits across a range of Alibaba services, sources say.
5 Aug 2025 - 9:00PM
The Taobao app. Photo: Simon Song
Semiconductors
Huawei to open-source AI chip toolkit to take on Nvidia’s proprietary platform
The move will help accelerate innovation from developers, while making Ascend chips easier to use, Huawei’s Eric Xu says.
5 Aug 2025 - 8:29PM
16
China jobs
Alibaba, ByteDance kick off campus recruitment campaigns as AI drives growth
Campus recruitments have become routine for Big Tech firms as they answer Beijing’s call to help create jobs for young graduates.
5 Aug 2025 - 6:00PM
Softbank
SoftBank’s growing stakes in Nvidia and TSMC show focus on AI gear
Son eyes a more central role in the spread of AI with SoftBank’s access to some of the semiconductor supply chain’s most lucrative parts.
5 Aug 2025 - 5:07PM
HIGHLIGHTS FROM
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Unitree founder: ChatGPT moment in robotics could come within 2 years
10 Aug 2025 - 3:02PM
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Rocketing to riches: China’s cash-hungry aerospace firms aim for IPOs
10 Aug 2025 - 2:00PM
Business
Yuanhua eyes Hong Kong for assembly plant, IPO in overseas surgical robot push
10 Aug 2025 - 11:35AM
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