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Zhipu AI launches video model in a sign more Chinese tech firms are taking on OpenAI's Sora
South China Morning Post via Yahoo Singapore Finance· 1 day agoChinese artificial intelligence (AI) start-up Zhipu on Friday debuted its video generation model, in...
China hedge funds brace for upheaval from tough new rules
Reuters via Yahoo Singapore Finance· 7 days agoChina's $715 billion hedge fund industry is facing renewed pressure from stringent regulations...
Chinese EV battery maker CATL posts faster profit growth in Q2
Reuters via Yahoo News Singapore· 2 days agoCATL's net profit jumped 13.4% from a year earlier to 12.36 billion yuan ($1.70 billion) in...
Market analysts react to surprise rate cut in China
Reuters via Yahoo Singapore Finance· 3 days agoStocks fell and bonds rallied after the announcement of a 20 basis point reduction in the one-year medium-term lending facility (MLF). China's GDP growth...
China cuts several major interest rates to support fragile economy
Reuters via Yahoo Singapore Finance· 7 days agoSHANGHAI (Reuters) -China surprised markets by cutting major short and long-term interest rates on...
Tencent, Microsoft, Amazon pitch AI tools for video game developers at ChinaJoy expo
South China Morning Post via Yahoo Singapore Finance· 2 days agoBig Tech companies, from Tencent Holdings to Microsoft and Amazon.com, have rushed to pitch their...