China

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Rakuten is set to introduce its own large language AI model aimed at boosting operational efficiency.

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TikTok is channeling $1.5 billion into Indonesia’s GoTo to expand its e-commerce presence in Southeast Asia.

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Naver Cloud’s CEO is optimistic about a surge in exports as global demand for AI technology continues to rise.

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Shanghai reaches out to Microsoft to encourage advancements in AI technology within the city.

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ByteDance launches a platform for chatbot development aimed at simplifying the creation of generative AI.

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Chinese AI chip manufacturer Biren Technology secures $280 million in funding amidst tightening U.S. regulations.

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In a ruling by the Beijing Internet Court, creators retain copyright over images generated by AI.

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HSBC China makes history as the first foreign bank to roll out operations with the digital yuan.

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Alibaba has shut down its quantum computing laboratory and donated its assets to Zhejiang University.

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Nvidia delays the release of its revamped AI chip intended for the Chinese market.

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Shanghai introduces a $707 million investment fund to stimulate innovation in AI.

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The Yijiang District Court in Wuhu City makes a decisive ruling on a 100,000-yuan dispute related to Dogecoin mining.

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Nvidia presents AI chips for the Chinese sector but does not meet investor expectations.

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China’s SAMR greenlights Broadcom’s acquisition of VMware amid heightened regulatory scrutiny.

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Baidu surpasses Q3 revenue forecasts and reveals plans for expanding its AI capabilities.

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CoinFund expands its operations to Hong Kong, citing a supportive regulatory climate for cryptocurrency.

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Tencent navigates U.S. chip restrictions with a stockpile of Nvidia GPUs and ongoing AI innovations.

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The CEO of Cerebras accuses Nvidia of aiding the enhancement of China’s AI capabilities.

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The Monetary Authority of Singapore announces plans to introduce central bank digital currencies (CBDCs) by 2024.

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Baidu's CEO Robin Li calls for caution regarding the rapid pace of AI development within China.

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HKPC shares nine strategic insights aimed at boosting the AI industry in Hong Kong.