Kelsey Chang
Stories by Kelsey Chang
DeepSeek proves China can catch up with US AI rivals, even with fewer resources
DeepSeek has benefited from its fast-follower advantage.
Binance eyes bigger SE Asia footprint as crypto gains traction globally
It plans to work with regulators to get more licences in the region and launch more products.
Big Chinese EV makers ride price cuts, subsidies to post record sales
During one week last month, Li Auto’s deliveries surpassed those of Mercedes-Benz, BMW, and Audi.
IBM pulls R&D units out of China in latest withdrawal by US firm
The units affected by the pullback are IBM’s China Development Lab and China Systems Lab.
Chinese cloud giants look abroad as profits wane in saturated home market
Some of China’s major cloud providers are also betting on emerging markets.
From rolling out LLMs to the pursuit of adoption, here’s how China’s AI race unfolded in 2023
Cloud services and industry applications are the two bright spots for adoption of LLMs.
IQiyi’s VR unit fails to pay staff, slashes jobs as metaverse hype fades
The company has also undergone several rounds of downsizing in the past six months.
China issues final guidelines to regulate generative AI industry
Providers of generative AI services should register their algorithms with the government.
Alibaba has hurdles to overcome before its drastic restructuring pays off
The restructuring, initially announced in March, will break up the group into six businesses.
China’s EV startup Aiways seeks to revive business by tapping overseas markets
The challenging domestic market has left the firm with a deepening liquidity crunch.
