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Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock

Tech Trends

Moonshot’s newest release narrows US-China AI model development gap: analysts

Kimi K2.5 raises questions about the potency of US controls on advanced chips to constrain China’s AI efforts, Brookings’ Kyle Chan says.

Beijing clears Nvidia’s H200 imports, easing chip crunch for China tech giants

‘Teach our children well’: Jack Ma urges changes to China’s education in AI era

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Tech

Price rises on horizon for Chinese cloud firms after Google, AWS set new rates

Surging AI workloads, memory prices push Chinese cloud providers to consider increases after global peers act.

Alibaba Cloud led China’s AI cloud sector in the first half of 2025 with a market share of 36 per cent. Photo: Shutterstock
Alibaba Cloud led China’s AI cloud sector in the first half of 2025 with a market share of 36 per cent. Photo: Shutterstock

Other Sport

Kai Tak Arena to host League of Legends Champions Korea Cup esports event

The tournament will attract some of the biggest names and follows the city’s successful hosting of Blast Premier at Cyberport last year.

Banking & Finance

Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth

The Hong Kong Investment Corporation will use the city’s advantages amid global competition, geopolitical challenges, CEO Clara Chan says.

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Banking & Finance

China second to US in global AI finance index, with Hong Kong third as city hub

China rated the strongest country in converting AI capacity into production use, while Hong Kong trailed New York and London as finance hub.

China outperformed all countries in financial sector AI maturity, according to the Global AI Competitiveness Index. Photo: Reuters
China outperformed all countries in financial sector AI maturity, according to the Global AI Competitiveness Index. Photo: Reuters

Tech

DeepSeek taps Alibaba open-source AI technology to boost OCR performance

The Chinese AI start-up says its latest OCR model delivers stronger performance after adopting an Alibaba-developed open-source model.

Big Tech

Iluvatar CoreX targets Nvidia’s Rubin with GPU road map amid China chip push

Chinese chip designer outlines a multi-year GPU plan to outperform Nvidia’s next-generation Rubin platform within two years.

China Business

China could approve first AI-designed drug next year, Merck executive says

AI and genetics are creating a ‘seismic shift’ in the pharmaceutical business, experts on Asian Financial Forum panel say.

AI will allow drug makers to pick better molecules, make better medicines and improve molecule design, Amgen executive says. Photo: Shutterstock

Tech

China’s manufacturing powerhouse Guangdong exports record chip equipment

Exports of chip equipment rose 20 per cent last year, while exports of EVs, lithium batteries and solar products rose 30 per cent.

Exports of tech products accelerated from China’s Guangdong province last year. Photo: Reuters
Exports of tech products accelerated from China’s Guangdong province last year. Photo: Reuters

Big Tech

China’s Alibaba, Moonshot claim latest AI models challenge OpenAI, Google

Alibaba says Qwen3-Max-Thinking is its ‘best model so far’, while Moonshot calls Kimi K2.5 the world’s most powerful open-source model.

Big Tech

China’s Baidu merges key app businesses to drive consumer AI push

Merger of Wenku and Wangpan into a new AI unit comes as tech firms race to turn their services and apps into the next ‘super app’.

Tech Trends

Alibaba’s Qwen-3 becomes one of world’s first AI models to operate in orbit

The entire Qwen-3 process – from uploading queries to on-orbit inference and sending results back to Earth – took less than two minutes.

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Adaspace Technology’s constellation of 12 satellites, equipped with AI-powered computing systems, was launched on May 14, 2025. Photo: Handout

Big Tech

How China’s AI video generator Kling challenges Google’s Veo, OpenAI’s Sora

With Kuaishou’s tool headed for US$240 million in annual revenue, the firm is one of the world’s most undervalued AI stocks, JPMorgan says.

Kling’s motion control feature, which easily lets puppies or any characters dance, fuelled viral trends. Photo: Handout
Kling’s motion control feature, which easily lets puppies or any characters dance, fuelled viral trends. Photo: Handout

Big Tech

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

Big Tech

Tencent’s Pony Ma teases new AI social feature for Yuanbao app

The Shenzhen-based firm is sharpening its AI strategy and talent pipeline, after acknowledging rivals are reshaping the pace of development.

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Tech War

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen

Tech War

China’s lesson for the US: it takes more than chips to win the AI race

The AI war is increasingly waged among ‘hyperscalers’ – companies with full-stack capabilities across software, hardware and applications.

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Tech War

How Huawei and DeepSeek are tending the garden of China’s AI aspirations

Amid growing AI rivalry with the US, the two companies are leading China’s drive to shake off the nation’s dependence on Nvidia processors.

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Big Tech

Immediate gratification: instant commerce transforms China’s retail market

Instant commerce has developed over a short period of time, as providers expanded their on-demand delivery coverage beyond food.

Illustration: Henry Wong
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

China’s Alibaba, Moonshot claim latest AI models challenge OpenAI, Google

The new models mark the first major Chinese releases this year. Photo: Shutterstock

Tech Trends

Moonshot’s newest release narrows US-China AI model development gap: analysts

Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock

Big Tech

Beijing clears Nvidia’s H200 imports, easing chip crunch for China tech giants

The first batch of Nvidia chip shipments is expected to go to China’s Big Tech companies. Photo: Shutterstock

Tech Trends

‘Teach our children well’: Jack Ma urges changes to China’s education in AI era

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Alibaba Group Holding founder Jack Ma speaks to Chinese rural teachers in a video conference call on Monday. Photo: Jack Ma Foundation

Tech

Price rises on horizon for Chinese cloud firms after Google, AWS set new rates

Alibaba Cloud led China’s AI cloud sector in the first half of 2025 with a market share of 36 per cent. Photo: Shutterstock
MORE IN China Future Tech
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OPINION
Shaoshan Liu

Opinion | In the tech race, Europe can choose a path that sidesteps US-China rivalry

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Kun Tian

Opinion | Hong Kong’s fertile ground for AI IPOs aligns with China’s tech strategy

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Opinion | The global AI race: 3 scenarios the world must prepare for

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Mark Pirie,Christopher Tang

Opinion | Why reducing AI harm requires more than tech firms’ empty promises

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Patrick Winter

Opinion | Asia needs AI talent to fuel its future growth

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Anthony Rowley

Macroscope | Can AI deliver the economic goods and high returns? Don’t count on it

Anthony Rowley
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MULTIMEDIA
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The great AI schism: China and US are superpowers with very different playbooks

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The DeepSeek shock wave: China’s Sputnik moment

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The talent engine: powering China’s AI rise

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Digital ‘Tamagotchi’ pets mark 30 years

The egg-shaped plastic toys that were a playground craze in the 1990s feature digital pets needing to be cared for like live household animals.
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