Juro Osawa
Reporter at The Information
Reporter for @theinformation covering tech in Asia. Ex-WSJ. DMs open. Tips to: [email protected]
Articles
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1 week ago |
theinformation.com | Juro Osawa
Source: The InformationZhipu AI, a major Chinese artificial intelligence startup that develops its own AI foundation models, is aiming to go public as soon as October, according to a regulatory filing. Beijing-based Zhipu, backed by Alibaba Group, Tencent Holdings and multiple state-backed funds, has enlisted investment bank China International Capital Corp. to lead the offering in the Chinese stock market, the filing shows.
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1 week ago |
theinformation.com | Juro Osawa
Source: The InformationChina’s Ministry of Commerce said Sunday that the country urges the U.S. to “completely cancel” its reciprocal tariffs.
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1 week ago |
theinformation.com | Juro Osawa
Source: The InformationAs Chinese exporters of consumer products face challenges due to President Donald Trump’s tariffs, some of China’s biggest e-commerce companies are launching new initiatives to help export-oriented merchants sell their goods in the domestic market. JD.com, a major online retailer, on Friday announced a new program to purchase at least 200 billion yuan ($27.4 billion) worth of goods from Chinese exporters over the next 12 months and sell them to domestic consumers.
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1 week ago |
theinformation.com | Juro Osawa
ByteDance, the owner of TikTok, is planning to sell its own version of artificial intelligence–powered smart glasses, according to two people with direct knowledge of the effort. It’s the latest sign that tech giants globally see gadgets as the next new market for AI services. Meta Platforms has had success with its Ray-Ban smart glasses, which offer access to its AI chatbot as well as the ability to take photos and videos.
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1 week ago |
theinformation.com | Juro Osawa
Source: The InformationThe Chinese government said on Friday it will increase tariffs on U.S. imports to 125% from 84% effective Saturday, as the trade war between the two nations continues to escalate. China’s Ministry of Finance said in a statement that, if the U.S. decides to impose further tariffs from now on, Beijing will ignore such moves because the current tariff level already makes it impossible for any U.S. imports to be accepted in China based on market merit.
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