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Artificial intelligence
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Brad Pitt (left) and Tom Cruise attend a film premiere in London in June 2025. Photo: TNS
Fame and celebrity

Hollywood shaken by Brad Pitt-Tom Cruise fight video made with Chinese AI

The viral clip was generated with a two-line prompt on Seedance 2.0, a platform owned by ByteDance, the company behind TikTok.

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Semiconductors

Hua Hong reports record Q4 revenue as AI-driven memory crunch fuels price hikes

Artificial intelligence

China’s MiniMax releases AI model ‘designed for real-world productivity’

Cryptocurrency

Policy to products: Web3 innovation takes centre stage at Consensus Hong Kong

SFC CEO Julia Leung Fung-yee announced that the regulator will greenlight virtual asset margin financing for clients with strong credit profiles.

A booth at last year’s Consensus held at the Hong Kong Convention and Exhibition Centre, February 19, 2025. Photo: AFP
A booth at last year’s Consensus held at the Hong Kong Convention and Exhibition Centre, February 19, 2025. Photo: AFP
Artificial intelligence

China’s Lenovo warns of ‘prolonged’ memory crunch, looks to AI for rebound

Top PC maker posts a 21 per cent profit drop amid chip squeeze, but bets on AI-powered devices to sustain growth amid industry upheaval.

Artificial intelligence

Alibaba’s Qwen tops 120 million orders in 6 days amid China’s AI shopping battle

Campaign has sparked a behavioural shift towards AI-powered shopping, which Alibaba says is becoming a more popular lifestyle choice.

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Mainland China

Baidu unveils AI-driven Wikipedia challenger in bid for global users

BaiduWiki, a version of the firm’s Baidu Baike online encyclopaedia, is available in English, Spanish, French, Russian and Japanese.

People gather near the Baidu booth at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai on July 28, 2025. Photo: NurPhoto via Getty Images
People gather near the Baidu booth at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai on July 28, 2025. Photo: NurPhoto via Getty Images
Artificial intelligence

DeepSeek boosts AI model with 10-fold token addition as Zhipu AI unveils GLM-5

The upgrade will allow DeepSeek’s AI model to remember and process more information in a single conversation or task.

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Artificial intelligence

Alibaba unveils RynnBrain, an embodied AI model that gives robots a ‘brain’

The model, which was unveiled by Alibaba’s Damo Academy, matched leading embodied models from Google and Nvidia.

Cryptocurrency

Consensus 2026 kicks off in Hong Kong amid tighter Beijing oversight

Organised by CoinDesk, the event is an important gathering for digital finance and cryptocurrency professionals.

Visitors attend a panel discussion at Consensus 2025 in Hong Kong, February 19, 2025. Photo: AFP
Artificial intelligence

Indonesia telco chief warns of digital colonisation, backs China open-source AI

Indonesian executives stress that localisation and sovereignty are key to AI adoption in the fast-growing Southeast Asian market.

From left are Jean Iau, SCMP reporter; Jo Miyake, head of banking, Asia and Middle East, corporate and institutional banking at HSBC; Qian Shihong, chief strategy officer at Huawei Indonesia; Vikram Sinha, president director and CEO at Indosat Ooredoo Hutchison; and Sean Yuan, vice president at Alibaba Cloud International and general manager of South Pacific Region, Alibaba Cloud Intelligence Group. Photo: SCMP
From left are Jean Iau, SCMP reporter; Jo Miyake, head of banking, Asia and Middle East, corporate and institutional banking at HSBC; Qian Shihong, chief strategy officer at Huawei Indonesia; Vikram Sinha, president director and CEO at Indosat Ooredoo Hutchison; and Sean Yuan, vice president at Alibaba Cloud International and general manager of South Pacific Region, Alibaba Cloud Intelligence Group. Photo: SCMP
Artificial intelligence

China’s ByteDance, Alibaba unveil AI image tools to rival Google’s popular Nano Banana

The tech giants’ new image models lower the barrier for individual users or businesses to produce professional-looking images.

China’s private sector

Before the factory floor, the dance floor: robots find path to market at US$145

Humanoid robots may one day transform factories and warehouses, but for now their most immediate role is keeping the party going.

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Robotics

Chinese vacuum maker using Temu’s playbook dreams big with Super Bowl debut

Dreame showcases robot vacuum in a Super Bowl commercial, drawing on Temu’s US prime-time campaign that helped it challenge Amazon.com.

Vacuum maker Dreame is hoping to leverage the Super Bowl’s influence to crack the North American market. Photo: Handout
Electric & new energy vehicles

Pony AI and Toyota roll out robotaxis in China’s autonomous drive push

Guangzhou-based Pony AI begins output of 1,000 autonomous cabs and targets a 3,000-unit fleet by the end of 2026 as it expands globally.

Pony AI is one of three robotaxi firms that have received approval from authorities to operate driverless cabs on designated roads in cities like Beijing and Shanghai. Photo: Handout
Pony AI is one of three robotaxi firms that have received approval from authorities to operate driverless cabs on designated roads in cities like Beijing and Shanghai. Photo: Handout
Artificial intelligence

ByteDance’s new model sparks stock rally as China’s AI video battle escalates

Seedance 2.0 thrills early adopters with cinematic realism and fuels debate over AI’s role in filmmaking and content creation.

Mergers & Acquisitions

M&A market ‘firing on all cylinders’, headed for record year: Citigroup

Confident companies and investors, solid economic growth, low inflation and ample capital drive outlook, bank’s global M&A co-head says.

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Electric & new energy vehicles

AutoFlight unveils world’s largest flying car as China races to lead the skies

CATL-backed AutoFlight debuts Matrix, targeting global expansion, as Beijing moves to set standards for domestic eVTOL makers and operators.

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AutoFlight describes eVTOL aircraft Matrix as the largest of its kind in the world. Photo: Handout
AutoFlight describes eVTOL aircraft Matrix as the largest of its kind in the world. Photo: Handout
Artificial intelligence

US software rout spills over to China’s SaaS sector

The software sector in China has long been constrained by slower cloud adoption and a weaker appetite for recurring subscription fees.

Electric & new energy vehicles

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

Artificial intelligence

Sweet surge: Qwen overtakes Yuanbao after Alibaba’s bubble tea campaign

More than 10 million free orders put Alibaba’s AI app in the spotlight amid a high-stakes battle for Spring Festival attention.

More than 10 million free orders were placed within nine hours of the campaign, overwhelming many stores in mainland China. Photo: Handout
Made in China 2025

Fosun Pharma unit licenses lung cancer drug to Eisai in US$1.55 billion deal

The deal comes as Chinese novel drug makers are having more say in how their new medicines are developed with global partners.

A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout
A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout
Robotics

China’s humanoid makers pivot from ‘body’ to ‘brain’ as commercial race heats up

Dobot claims its self-developed vision-language-action model lets humanoid robots react to the real world rather than just perform preprogrammed tasks.

Solar energy

How Elon Musk’s space-based AI vision sparked a Chinese solar stock frenzy

Musk’s pursuit of space-based data centres has drawn attention to China’s solar industry, sparking market rallies – and calls for caution.

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Artificial intelligence

China’s chip champion Moore Threads sees beyond silicon with push into AI coding

Moore Threads is betting on AI coding software to complement its flagship GPU, as the battle for developer tools intensifies.

Moore Threads’ MTT S400 GPU. Photo: Handout
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