-
1 month ago | 
ffnews.com | Lauren Towner |Yi Luo
Eunice, an AI fintech company solving B2B challenges in crypto, has launched the MiCA Whitepaper Library, an AI-powered solution designed to simplify compliance with the Markets in Crypto-Assets Regulation (MiCA). The platform streamlines the whitepaper process for crypto projects and exchanges, reducing operational burdens and helping avoid the risk of delisting in Europe.
-
Jan 10, 2025 | 
scmp.com | Yi Luo
Chinese enterprise software company Yonyou Network Technology has named Huang Chenhong – former global executive vice-president at German rival SAP – its new president, as the mainland’s tech sector scoops up talent from multinational firms that are scaling back operations in the country.
-
Jan 9, 2025 | 
scmp.com | Yi Luo
Alibaba Group Holding founder Jack Ma on Tuesday reiterated his expectation that artificial intelligence (AI) is set to reshape the world over the next decade, a month after predicting how changes brought by the technology will surpass everyone’s imagination.
-
Jan 9, 2025 | 
flipboard.com | Yi Luo
Dec 16, 2024David Bonderman, the founder of private equity firm TPG, and the founding owner of the Seattle Kraken, died on Dec. 11. Bonderman was my mentor, and his passing has led me to reflect on the key lessons I have learned from him. What’s striking is Bonderman’s willingness to take the time to mentor—not …
-
Jan 7, 2025 | 
scmp.com | Yi Luo
US cloud computing and cybersecurity firm Akamai Technologies’ content delivery network (CDN) services in mainland China will cease from the second half of next year, the company said in a recent letter to customers, becoming the latest foreign tech firm to scale back operations in the country amid geopolitical headwinds. “Effective June 30, 2026, all China CDN services will reach their decommission date,” the Akamai letter said.
-
Jan 6, 2025 | 
scmp.com | Yi Luo
In a speech at his alma mater Zhejiang University, Duan professes his admiration for PDD founder and fellow alumnus Colin Huang ZhengPublished: 9:00pm, 6 Jan 2025Chinese-American billionaire and low-key entrepreneur-investor Duan Yongping publicly praised e-commerce giant PDD Holdings’ Temu for its marketing success, highlighting the budget-shopping site’s high-profile advertisements during the Super Bowl in 2023 and 2024.
-
Jan 4, 2025 | 
scmp.com | Yi Luo
Alibaba Group Holding is pushing further into the expanding market for artificial intelligence (AI) hardware through a new partnership with Hong Kong-based augmented reality (AR) glasses maker RayNeo. Under the deal, the cloud computing and AI unit of Alibaba will provide exclusive technology support for RayNeo’s products through its Qwen large language models (LLMs), the companies said on Thursday. LLMs are the technology underpinning generative AI services such as OpenAI’s ChatGPT.
-
Jan 2, 2025 | 
scmp.com | Yi Luo
The founder of Baidu, an artificial-intelligence (AI) pioneer in China that unveiled its own large language model (LLM) just months after OpenAI released ChatGPT, said AI applications would grow “exponentially” in 2025. Baidu’s investments in AI are expected to generate returns this year, according to Robin Li Yanhong, CEO of China’s largest search-engine operator, in a New Year’s message to all staff on Wednesday.
-
Dec 31, 2024 | 
scmp.com | Yi Luo
Freshippo, Alibaba Group Holding’s grocery chain known as Hema in its home market, was profitable for nine straight months in 2024, the unit’s chief executive Yan Xiaolei said in an internal letter on Tuesday. The supermarket opened 72 new stores across China in the past year, averaging one every five days, the most in five years, according to Yan, who assumed the CEO role in March.
-
Dec 30, 2024 | 
scmp.com | Yi Luo
TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu, Alibaba Group Holding and Tencent Holdings, according to new research.
