AMD chips were compatible with DeepSeek’s AI models and Alibaba’s Qwen series, which had allowed the Chinese companies to develop their technologies faster, Su said at an AMD conference for AI personal computers in Beijing on Tuesday. Alibaba owns the […]
Chinese tech start-up DeepSeek concluded its daily technical project in “Open Source Week” with a bold claim: its online inference services generated an extraordinary 545 per cent profit margin during a 24-hour run, thanks to advanced technological optimisations. DeepSeek reported
DeepSeek shows power of V3, R1 models with theoretical 545% profit margin Read More »
CES, the annual consumer electronics trade show in Las Vegas that officially kicks off on Tuesday, is seeing a rebound in Chinese exhibitors despite an escalating tech war between Beijing and Washington. More than 1,300 Chinese companies – including 1,212
Chinese consumer spending is so weak that even Starbucks is considering selling a stake in its China franchise, but one venture capital firm is bucking the trend by finding growth in niche sectors despite overall weakness. Shanghai-based company BA Capital,
On the bustling streets of Bangkok, TikTok Shop’s Singles’ Day shopping campaign is hard to miss, as large LED screens flash promotions in endless loops. Promotions have been infiltrating people’s lives in other ways, as well. On the ride-hailing app
Southeast Asia is the new Singles’ Day battleground as lustre fades in China Read More »
State-owned media has highlighted Shein, the China-founded fast-fashion giant, as a model company reshaping the country’s garments supply chain, even as it faces uncertainties over a UK initial public offering (IPO) and slower growth overseas. Shanghai Securities News, under the
Huawei Technologies has opened a massive campus in a suburb of Shanghai, which serves as a base to promote innovations for China’s technology self-sufficiency drive, as the company demonstrates its resilience under US sanctions. The Lianqiu Lake campus, which boasts
Huawei staff arrives at new mega-campus, hub of China’s tech drive Read More »
Chinese authorities have accused an unnamed foreign company of conducting illegal mapping activities under the guise of intelligent driving research, triggering denials from several smart driving and electric vehicle (EV) firms, including Tesla, Mobileye, Geely, and Navinfo. In a post
China accuses foreign company of illegal mapping, prompting denials from some EV firms Read More »
To the unsuspecting outsider, Beixiazhu looks like any unremarkable Chinese village. But for years, this was the place to be for ambitious merchants hoping to strike gold in the country’s booming live-streaming e-commerce industry – until the competition simmered to
From bustling hub to ghost town: heart of China’s e-commerce sector feels price war pain Read More »
The Shanghai municipal government said it plans to boost the city’s live-streaming sector, targeting nearly US$85 million in online sales by 2026, as the Chinese financial hub looks to raise consumer spending in a lacklustre national economy. Under the “Three-Year
Shanghai bets on live-streaming economy to boost China’s anaemic consumption Read More »
