ByteDance loses key AI research leader behind Seed models amid monetisation push

South China Morning Post - Jun 2, 2026

A renowned artificial intelligence researcher who spearheaded foundational AI research for TikTok owner ByteDance has announced his departure from the company. The unexpected development comes as the firm is increasingly looking to monetise its core AI offerings, including subscription plans for its flagship consumer AI app Doubao. Gu Quanquan, also an associate professor of computer science at the University of California, Los Angeles (UCLA), announced his departure from ByteDance on social...

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Alibaba’s RISC-V IP powers over 6 billion shipped chips as tech giant targets AI, autos

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CXMT shares fall 7.8% despite blockbuster earnings figures

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Chinese memory chip giant ChangXin Memory Technologies (CXMT) saw its shares fall more than 8 per cent in early Monday trading, despite forecasts of strong profits and plans for a share buy-back amid a global sector-wide market rout. CXMT shares dropped 7.8 per cent on Monday to close at 41.52 yuan. The company’s stock surged to a peak of 61.8 yuan in August – up as much as 614 per cent from its initial public offering price of 8.66 yuan in July – before paring back gains. The market reaction...

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The AI promise was automation. The reality? Managing digital workers

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China’s proposed AI tech export bans may create short-term costs, long-term gains: analysts

China’s proposed AI tech export bans may create short-term costs, long-term gains: analysts

China’s proposed export bans and controls of artificial intelligence technologies aim to tighten Beijing’s grip in the strategically vital sector, casting a cloud over the commercial prospects of domestic model developers in the global AI race, analysts say. The new measures come as concerns mount globally over the risks of advanced AI systems, following a string of recent cyberattacks, while also underscoring AI’s growing national security importance for both Beijing and Washington. Zhang Yi,...

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