Meituan expects to raise US$3 billion from a dual-currency bond offering, as the Chinese on-demand delivery giant looks to bolster its war chest to stave off the challenge from rivals led by Alibaba G...

OpenAI is laying the groundwork for an initial public offering that could value the company at up to US$1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs...

Samsung Electronics’ semiconductor arm reported a bigger-than-expected 80 per cent surge in profit, suggesting global AI demand is helping drive a recovery at the Korean company’s most important busin...

Nvidia founder and CEO Jensen Huang said he remained hopeful of returning to the China market, as US President Donald Trump signalled that the company’s state-of-the-art Blackwell artificial intellige...

Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence partnership, giving both companies greater independence while maintaining their close collaboration...

Alibaba Cloud’s Qwen family of large artificial intelligence models is currently the world’s largest open-source AI ecosystem. At the core of the Chinese company’s road map towards Artificial Superint...

Qualcomm shares rose to their highest price in 15 months after the company unveiled chips and computers for the lucrative AI data centre market, aiming to challenge Nvidia in the fastest growing part ...

Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three...

Shanghai-based artificial intelligence chip start-up MetaX has stepped into the spotlight after winning approval last week from Shanghai’s exchange to list on the city’s Nasdaq-style Star Market, unde...

Tencent Holdings has seen a more than 20 per cent boost in research and development (R&D) efficiency because of artificial intelligence-powered automation, China’s most valuable tech conglomerate said...