Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
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Dimon Confronts New China Reality in First Visit Since Covid
When Jamie Dimon takes center stage at JPMorgan Chase & Co.’s China summit Wednesday, he’ll be confronting a
1970-01-01 08:00
Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd.
1970-01-01 08:00
Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to
1970-01-01 08:00
Nvidia CEO Says Those Without AI Expertise Will Be Left Behind
Firms and individuals should familiarize themselves with artificial intelligence or risk losing out, according to Nvidia Corp. co-founder
1970-01-01 08:00
Xi Remade China's Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy
1970-01-01 08:00
China Tech Giants Face Final Earnings Check After Upbeat Results Signal Revival
China’s tech behemoths will shed more light on their prospects this week after peers signaled the industry is
1970-01-01 08:00
Alibaba to Exit Cloud Business After Beijing Undercuts Potential
Alibaba Group Holding Ltd.’s surprise move to fully spin out a potentially transformative $12 billion cloud business is
1970-01-01 08:00
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off
1970-01-01 08:00
Tencent’s Revenue Grows Most in Over a Year After China Reopens
Tencent Holdings Ltd. grew revenue at its fastest pace in more than a year, fueling hopes the world’s
1970-01-01 08:00
Chinese ChatGPT Rival Mobvoi Picks Banks for $300 Million Hong Kong IPO, Sources Say
Mobvoi, a Chinese artificial intelligence company and smart device maker, has selected banks for a Hong Kong initial
1970-01-01 08:00
China Arrests ChatGPT User Who Faked Deadly Train Crash Story
Chinese authorities have detained a man for using ChatGPT to write fake news articles, in what appears to
1970-01-01 08:00