Alibaba surged 7% on Thursday after it made one of its AI models public, signaling how the party isn't over for Chinese tech stocks.
Shares of Chinese tech giant Alibaba surged after revealing a new reasoning model it claims can rival DeepSeek’s global blockbuster R1.
Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit.
The artificial intelligence (AI) boom that propelled Chinese technology stocks higher has also galvanised refinancing activities in Hong Kong, as companies raise funds to expand their businesses. Around 17 tech companies have raised a combined HK$52 billion (US$6.
The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says Hong Kong's financial sector is well positioned to benefit from the rapid development of artificial intelligence (AI),
Hong Kong will soon announce guidelines on the development and application of artificial intelligence (AI), the city’s innovation chief has said.
Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out investments in artificial intelligence research.
HONG KONG, Feb 26 (Reuters) - Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from ...
Japanese government bond yields surged, with the 10-year JGB yield hitting its highest level since 2009, reaching 1.5%.
At the DWC AI STR Forum (Digital World Conference: AI Safety, Trust, and Responsibility Forum) by The World Digital Technology Academy (WDTA) in Hong