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Google and Microsoft both expect 2026 capex to reach about US$190 billion. Photo: AP Photo
Artificial intelligence

Chinese firms face pressure on AI investments as US peers’ spending soars

Largest US companies on track for US$700 billion in AI capital expenditures this year, versus about US$105 billion in China.

Semiconductors

Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars

Ant Group

Ant International serves 150m merchants, 2b consumers, bets on AI commerce

Artificial intelligence

DeepSeek mystery: who is speaking for start-up amid CEO Liang Wenfeng’s absence?

Researcher Chen Deli is emerging as DeepSeek’s new public face as speculation over the whereabouts of the company’s founder and CEO lingers.

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DeepSeek’s logo is reflected in the glasses of a student. The company recently released its V4 model. Photo: Getty Images
DeepSeek’s logo is reflected in the glasses of a student. The company recently released its V4 model. Photo: Getty Images
Artificial intelligence

China blocks Meta’s Manus deal, raises Mythos concerns

The US and China may have to cooperate on managing the growing capabilities of artificial intelligence even as the technology starts to dominate competition between them.

Alibaba

Alibaba’s plan to list Cainiao logistics hub will ‘unlock’ value, analysts say

The Reit’s underlying asset will be Jiaxing Park, a key Cainiao logistics and fulfilment facility located in Zhejiang province.

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China jobs

China outlines new labour protection plan for nation’s 200 million gig workers

The 12-point document pledges stronger protections for gig-economy workforce, which has rapidly grown amid China’s economic slowdown.

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A group of delivery riders for the Chinese online platform Meituan takes a break in Chongqing, southwest China. Photo: Getty Images
A group of delivery riders for the Chinese online platform Meituan takes a break in Chongqing, southwest China. Photo: Getty Images
Artificial intelligence

DeepSeek takes step away from Nvidia amid export curbs on China

DeepSeek’s new artificial intelligence model puts up a price challenge to US rivals and is a further step towards a stand-alone Chinese AI ecosystem.

Artificial intelligence

China blocks Meta’s Manus deal after months-long probe, thwarting purchase

Economic planner asks both parties to withdraw from deal for AI firm, in move with wider implications for other start-ups operating overseas.

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Robotics

AI | China’s physical AI prowess on roads, in skies and factories

Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.

China’s physical AI progress seen on roads, in skies and factories
China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
DeepSeek

Huawei, DeepSeek strengthen China’s AI self-reliance with V4 collaboration

DeepSeek says its V4 model will have throughput issues until the second half of the year, until Ascend 950PR supernodes ‘ship at scale’.

US-China relations

Trump ally visits China, DeepSeek releases V4, EV earnings

This week: Trump ally Daines is set to visit China, DeepSeek unveils new AI model, Xi calls for Strait of Hormuz reopening, Auto China opens. Next week: BYD, Geely and Chinese banks post earnings, Politburo probably meets, May Day holiday begins, and more.

Electric & new energy vehicles

Huawei earmarks US$11.7b for training of autonomous-driving systems

Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems.

Richard Jin, CEO of Huawei’s intelligent automotive solutions business unit, introduces the company’s latest advanced driving system in Beijing on April 23, 2026. Photo: Reuters
Artificial intelligence

DeepSeek unveils next-gen AI model as Huawei vows ‘full support’ with new chips

The company says its cost-efficient new V4 model is competitive with top closed-source models from OpenAI and Google DeepMind.

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The logo of Hangzhou-based AI start-up DeepSeek. Photo: Reuters
The logo of Hangzhou-based AI start-up DeepSeek. Photo: Reuters
Artificial intelligence

Tencent unveils first flagship AI model under former OpenAI researcher

The model is relatively small with only 295 billion parameters, bucking a recent trend of large models with trillions of parameters.

Artificial intelligence

Alibaba opens Qwen app to partners with China Eastern Airlines tie-up

Company pledges more partnerships to expand the agentic capabilities of its flagship consumer chatbot app.

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Apple

Can new Apple CEO John Ternus replicate Tim Cook’s success in China?

Market researcher IDC says the Apple CEO transition marks ‘the most consequential leadership change in consumer technology in years’.

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Apple senior vice president of hardware engineering John Ternus announces new products in New York on March 4, 2026. Photo: EPA
Apple senior vice president of hardware engineering John Ternus announces new products in New York on March 4, 2026. Photo: EPA
Artificial intelligence

Open or closed? Moonshot AI keeps its code out in the open

Open-source push continues with Kimi K2.6, but pressure to monetise is nudging some Chinese AI firms behind closed doors.

Science

Semiconductors | China bets on RISC-V in global AI race

RISC-V, an open-source chip architecture, has gained popularity in China in reaction to widening US restrictions on exports of advanced technology.

Apple

Apple’s Tim Cook to step down as CEO, handing reins to John Ternus

After 15 years at the helm, Cook will transition to executive chairman, placing the company’s future in the hands of Apple’s hardware chief.

Apple CEO Tim Cook during an announcement of new products at Apple in 2025. Photo: AP
Robotics

Chinese tech giants advance robotics push as sector sees rapid growth

From marathon-winning humanoids to potential robot guide dogs, tech firms showcase breakthroughs as Beijing backs robotics as growth driver.

Team members celebrate next to Honor’s Lightning humanoid robot. Photo: Reuters
Team members celebrate next to Honor’s Lightning humanoid robot. Photo: Reuters
ByteDance

ByteDance profit plunges on AI push as TikTok Shop fuels overseas surge: reports

‘All-in’ AI drive cuts profits by 70 per cent, while booming TikTok Shop sales help overseas markets outpace China, reports say.

Artificial intelligence

‘State-of-the-art’ models can struggle with basic office work, says AI executive

Advanced AI can ace Olympiad maths yet falters in routine office tasks as enterprises turn to smaller models for everyday use: David Meyer.

Artificial intelligence

Asia’s supply chains could give it edge over US in AI race: Granite Asia’s Foo

Asia’s industrial ecosystem could deliver faster deployment of robotics and embodied AI systems, veteran venture capitalist says.

The current wave of AI development has entered a new phase where physical applications – from robotics to industrial automation – are becoming increasingly important, playing to Asia’s long-standing manufacturing strengths, according to a veteran venture capitalist. Photo: Xinhua
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