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US President Donald Trump gestures as he departs Beijing Capital International Airport aboard Air Force One, in Beijing on Friday. Photo: Reuters
2026 Xi-Trump summit

Trump poured millions into tech giants seeking China deal, ethics filing shows

In the first quarter, Trump made at least nine trades in Nvidia, with transaction values ranging from US$1,001 to US$5 million.

Artificial intelligence

Ex-Meta Chinese star joins race for self-improving AI with US$4.6b start-up

Semiconductors

China’s top chip foundries forecast second-quarter growth amid AI boom

Artificial intelligence

Alibaba, Tencent present a tale of two strategies for AI spending

Alibaba will focus its AI capex on cloud services, while Tencent is prioritising internal demand with its spending.

Alibaba Cloud signage is pictured at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Alibaba Cloud signage is pictured at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Alibaba

Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI

The Chinese tech giant’s New York-listed shares also closed up 8.2 per cent on Wednesday, after it reported triple-digit growth in AI revenues.

Tencent

AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

CEO Pony Ma told shareholders there was the beginning of a turnaround, but that the company was ‘not yet seated’.

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Alibaba

Alibaba CEO signals capex boost as China tech giant forges full-stack AI path

Alibaba’s quarterly revenue arrived largely in line with estimates as the tech giant disclosed its first AI sales data, and in early US trading, the shares jumped 6%.

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A man walks past an Alibaba display featuring the Olympic rings outside an Alibaba office building in Shenzhen, Guangdong province, on Tuesday. Photo: Getty Images
A man walks past an Alibaba display featuring the Olympic rings outside an Alibaba office building in Shenzhen, Guangdong province, on Tuesday. Photo: Getty Images
Artificial intelligence

China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

The role of tech products in April’s trade data reflects how computing-related goods are a ‘new and important growth driver’ for exports.

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Semiconductors

SMIC founder warns against ‘blind pursuit’ of cutting-edge nodes

Richard Chang’s rare public remarks highlight importance of mature chips to China’s supply chain security.

Artificial intelligence

China ranks third in global index for AI competitiveness in life sciences

China listed behind only the US and UK, reflecting the country’s ‘major scale’ in AI, biotechnology and talent, says data consortium.

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Visitors experience AI-powered traditional Chinese medicine healthcare during the 6th China (Gansu) TCM Industry Expo in northwest China. China and Hong Kong have ranked third on a global AI life sciences index. Photo: Xinhua
United States

US nears US$400 million settlement with TikTok on child-privacy, report says

The money will be used to fund Trump’s ‘beautification’ projects in Washington, the report says.

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The ⁠US alleges that for years, millions of American children under age 13 have been using TikTok and that the ‌site “has been collecting and retaining children’s personal information”. Photo illustration: AFP
The ⁠US alleges that for years, millions of American children under age 13 have been using TikTok and that the ‌site “has been collecting and retaining children’s personal information”. Photo illustration: AFP
Samsung Electronics

Samsung halts all home appliance sales in China as pivot to AI accelerates

The South Korean firm had seen its market share in mainland China dwindle amid intense competition from a slew of domestic rivals.

Semiconductors

China’s chipmakers rush to embrace DeepSeek’s V4. Which names stand out?

A growing list of Chinese firms – from Huawei to Cambricon – moves fast to integrate DeepSeek’s latest AI model across diverse architectures.

China technology

Foxconn, BYD among top exporters as China-listed firms hit overseas revenue mark

Companies such as Foxconn and BYD are among the top performers as overseas revenues account for nearly 17 per cent of total income.

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The BYD Datang is displayed at the Beijing Auto Show on April 30. Photo: AFP
US-China tech war

AI | AI ecosystems in China and US grow apart amid tech war

China and US have different goals for artificial intelligence and ways of developing it. Washington’s curbs on tech exports have widened the gap between them.

AI ecosystems in China and US grow apart amid tech war
Semiconductors

China’s chipmakers pour revenue into R&D, outpacing US ratios

Earnings show Chinese chip designers devote up to half of revenue to research, far above US peers, as Beijing pushes tech self-reliance.

Artificial intelligence

Supersized and scaling: China pushes 10,000-card computing clusters in AI race

Cities and tech giants are racing to build massive AI clusters, betting scale will drive faster model training, lower costs and wider adoption.

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Robotics

Hype or real: China’s robot boom faces reality check as commercialisation lags

Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model.

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One of Agibot’s wheeled robots works at a supermarket checkout as the robotics sector reconsiders its business model to make the venture profitable. Photo: Handout
One of Agibot’s wheeled robots works at a supermarket checkout as the robotics sector reconsiders its business model to make the venture profitable. Photo: Handout
China stock market

Who could gain from DeepSeek’s V4 with China chips poised for stronger demand?

Breakthrough launch could lift stocks from chipmakers to model developers as demand for computing power builds and adoption widens: analysts.

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.

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Semiconductors

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

South Korea’s memory chip giants warn of a prolonged crunch, with worried Samsung customers already pre-booking memory capacity for 2027.

Samsung says its order fulfilment rate has plunged to a “record low”. Photo: Reuters
Ant Group

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

Company says it is seeking to broaden its market reach in Asia, Latin America and Europe, the Middle East and Africa.

Ant International’s logo displayed on a smartphone screen. Illustration: SOPA Images/LightRocket via Getty Images
Ant International’s logo displayed on a smartphone screen. Illustration: SOPA Images/LightRocket via Getty Images
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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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.

A Cainiao post station seen in Jiangmen, Guangdong province on February 14, 2024. Photo: Simon Song
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