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Alibaba’s Qwen family captures over 50% of global open-source downloads, report finds
Apr 10, 2026

Alibaba’s Qwen family captures over 50% of global open-source downloads, report finds

Alibaba Cloud captured more than 50 per cent of global open-source model downloads as of March following the release of its Qwen 3.5 model series, a new report has found. The finding underscores the d...

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Alibaba cloud growth forecast to accelerate with AI push, higher service charges: analysts
Apr 9, 2026

Alibaba cloud growth forecast to accelerate with AI push, higher service charges: analysts

Alibaba Group Holding’s cloud and artificial intelligence unit is expected to remain a prime engine for the March quarter, with the growth rate forecast to accelerate as the company steps up AI moneti...

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AI fuels global trade growth as China-US flows shift, McKinsey finds
Apr 8, 2026

AI fuels global trade growth as China-US flows shift, McKinsey finds

Artificial intelligence has emerged as the driving force behind global trade growth, fuelled by a surge in data-centre buildouts at a time when geopolitical tensions are redrawing trade flows, accordi...

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ByteDance valuation surges to record high of over US$600b on proposed equity sale: sources
Apr 8, 2026

ByteDance valuation surges to record high of over US$600b on proposed equity sale: sources

ByteDance, the Chinese owner of TikTok, has seen its valuation surge to a record high of more than US$600 billion after a proposed equity sale from one of the founding shareholders, according to two s...

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China turns to offshore wind farms, subsea data centres to ease AI computing bottleneck
Apr 7, 2026

China turns to offshore wind farms, subsea data centres to ease AI computing bottleneck

China is looking to the ocean to power its artificial intelligence computing ambitions, as it seeks new ways to meet soaring demand for computing power through underwater data centres in eastern and s...

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Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?
Apr 4, 2026

Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?

There was a surprise guest speaker at Nvidia’s widely watched GPU Technology Conference (GTC) in San Jose, California, last month: Yang Zhilin, the founder of Beijing-based Moonshot AI, the developer ...

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Chinese AI giants pivot toward proprietary models to drive revenue, performance
Apr 2, 2026

Chinese AI giants pivot toward proprietary models to drive revenue, performance

Chinese companies including Alibaba Cloud and Zhipu AI have opted not to open-source some of their latest artificial intelligence models as they look to capture the full value of their usage through o...

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China’s Nexchip files for Hong Kong listing as chip expansion race heats up
Apr 1, 2026

China’s Nexchip files for Hong Kong listing as chip expansion race heats up

China’s third-largest chip foundry, Nexchip Semiconductor, filed for a Hong Kong listing on Tuesday as domestic wafer fabs race to expand production capacity amid surging artificial intelligence deman...

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Huawei’s profit rises 8.6% in 2025 as overall performance remains steady
Mar 31, 2026

Huawei’s profit rises 8.6% in 2025 as overall performance remains steady

Huawei Technologies maintained “steady” recovery momentum in 2025, with its profit rising 8.6 per cent, as the Chinese telecommunications gear maker doubled down on chip development and smartphones in...

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Shenzhen activates China’s first 10,000-card AI cluster with Huawei’s advanced chips
Mar 31, 2026

Shenzhen activates China’s first 10,000-card AI cluster with Huawei’s advanced chips

China’s southern tech hub Shenzhen began operations of the country’s first 10,000-card intelligent computing cluster, built with advanced chips made by Huawei Technologies, in the latest sign of how t...

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