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Korea delays decision on DeepSeek
Mar 28,2025
Korean authorities say no decision has been made on when China's DeepSeek AI app can resume operations in the country. The app was suspended last month due to concerns over its data handling practices. Talks are ongoing between the Personal Informati...
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SK Hynix sees surge in chip orders ahead of US tariffs
Mar 28,2025
South Korea's SK Hynix has reported that some customers are accelerating orders ahead of potential US tariffs on semiconductor imports. Speaking at the company's annual shareholder meeting, Head of Global Sales and Marketing Lee Sang-rak noted that t...
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China faces Nvidia chip shortages
Mar 27,2025
Chinese server manufacturer H3C has warned of potential shortages of Nvidia's H20 chip, the most advanced AI processor still legally available in the country under US export controls. In a notice to clients, the company revealed that its stock of H20...
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Tech investors shift focus to AI adopters over hardware makers
Mar 27,2025
European companies investing heavily in generative AI must start delivering returns by next year or risk losing investor confidence. While AI stocks have seen significant interest, recent market volatility and recession fears have led to a shift in i...
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DeepSeek launches V3 to challenge OpenAI
Mar 25,2025
Chinese AI startup DeepSeek has unveiled a major upgrade to its V3 large language model, intensifying the competition with US tech giants like OpenAI and Anthropic. The new model, DeepSeek-V3-0324, is available via the AI development platform Hugging...
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Chinese AI startup Manus gains recognition in state media
Mar 21,2025
Chinese AI startup Manus has registered its AI assistant for the domestic market and gained state media attention, signalling government support for its expansion. The company, which recently gained global recognition, was featured on China's CCTV in...
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Tencent sees surge in profits and revenue
Mar 19,2025
Tencent, a leading Chinese tech giant, has reported impressive financial results for the fourth quarter and full year, boosted by its strategic investment in AI. For the three months ending December 31, Tencent's net profits soared by 90% year-on-yea...
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Tencent unveils new AI tools for 3D visuals
Mar 18,2025
Tencent has unveiled a suite of new AI tools aimed at converting text and images into 3D visuals, showcasing China's growing presence in the generative AI field. The company launched five open-source models based on its Hunyuan3D-2.0 technology, incl...
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US bans Chinese AI LLM DeepSeek from government devices
Mar 18,2025
Several US Commerce Department bureaus have recently prohibited using the Chinese AI model DeepSeek on government-issued devices, according to internal communications and sources familiar with the matter. A mass email circulated among staff emphasise...
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Chinese hedge funds boost AI for competitive edge
Mar 15,2025
China's hedge fund industry is undergoing a transformative shift, spurred by High-Flyer's integration of AI in its trading strategies. The multi-billion-dollar fund not only uses AI to enhance its portfolio but also created DeepSeek, a game-changing ...
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Singapore fraud case involves $390 million in transactions
Mar 13,2025
Singapore prosecutors revealed on Thursday that a fraud case involving local firms accused of illegally supplying US servers to Malaysia involves transactions worth$390 million. Three men-Singaporeans Aaron Woon and Alan Wei, along with Chinese natio...
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Zhipu AI raises 500 million yuan amid rising competition
Mar 13,2025
Chinese startup Zhipu AI has secured 500 million yuan (
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