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2 weeks ago | 
scmp.com | Matt Haldane |Zhou Xin
Hours after US President Donald Trump hosted a dinner with holders of his cryptocurrency token $TRUMP, the White House has not released a complete list of attendees, which reportedly included major industry players from overseas. But Justin Sun, the top holder of $TRUMP and founder of the blockchain company Tron, has not been shy about his participation. “The gala dinner we had today I think sends a very strong signal,” Sun told the South China Morning Post in a video interview after the dinner.
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2 weeks ago | 
flipboard.com | Matt Haldane |Zhou Xin
NowCNN — More than 200 wealthy crypto bros gathered for a private event at President Donald Trump’s golf club just outside Washington, DC, on Thursday night — dining on filet mignon and halibut while the president stood at a podium regaling them with tales of his 2024 victory. The black-tie dinner was a …
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2 months ago | 
scmp.com | Xinmei Shen |Zhou Xin
DeepSeek’s launch of its latest open-source models has heralded China’s own “ChatGPT moment” by igniting a frenzy around artificial intelligence (AI) adoption, while raising questions about the viability of developing pre-trained in-house models, according to Lee Kai-fu, founder and CEO of Chinese start-up 01.AI.
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Feb 7, 2025 | 
msn.com | Ben Jiang |Ann Cao |Wency Chen |Zhou Xin
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Feb 7, 2025 | 
scmp.com | Ben Jiang |Ann Cao |Wency Chen |Zhou Xin
In 2022, under the pseudonym “an ordinary little pig”, the founder of artificial intelligence (AI) start-up DeepSeek quietly donated 138 million yuan (US$19 million) to Chinese charities. The name, a nod to Wang Xiaobo’s dark-humour short story “A Maverick Pig”, reportedly masked the true identity of Liang Wenfeng, a man whose quantum trading operation was facing mounting regulatory pressure.
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Jan 28, 2025 | 
scmp.com | Zhou Xin |Che Pan
The first major casualty of the success of Chinese artificial intelligence (AI) start-up DeepSeek has turned out to be Nvidia, whose stock slumped 17 per cent on Monday amid fears that innovations from the Hangzhou-based firm could reduce the industry’s reliance on the US firm’s advanced chips.
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Jan 28, 2025 | 
scmp.com | Zhou Xin |Che Pan |Ben Jiang
Chinese artificial intelligence (AI) start-up DeepSeek has gone quiet this week as it enters “holiday mode” for Lunar New Year while its recent technological developments continue to send shock waves through Wall Street and Silicon Valley, prompting reflections about current industry strategies and business models.
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Jan 21, 2025 | 
scmp.com | Coco Feng |William Zheng |Zhou Xin
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ByteDance to begin talks with American investors, according to people familiar with the matter. With US President Donald Trump’s recent enthusiasm over striking a deal on TikTok, Beijing is seeing the value of a fair arrangement for the sake of improving the bilateral relationship, said one person who was briefed on the Chinese government’s considerations.
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Jan 15, 2025 | 
scmp.com | Zhou Xin
China’s most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months, predicted its first-ever quarterly profit, adding fuel to hopes among some investors that the firm could replace US chip designer Nvidia in the local market amid Beijing’s self-sufficiency drive.
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Jan 13, 2025 | 
scmp.com | Zhou Xin
As China faces new headwinds from threats of new tariffs by US president-elect Donald Trump in his second term, Beijing has demonstrated extraordinary resilience in maintaining the country’s overall export momentum. China’s export machine remained formidable last year. Latest data from the customs office valued the country’s exports at US$3.58 trillion, rendering it the world’s top exporter. Its role as a key global supplier of finished products continued to be solid.
