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How China ‘risk factors’ loom over Anthropic’s hotly anticipated IPO filing
Open-weight models, China-US tensions, Taiwan – just a few of the more than dozen references to China-related risks cited in Anthropic’s much-anticipated listing prospectus, which was finally released on Monday after months of speculation. Mostly concentrated within the 93-page “risk factors” section of the filing with the US Securities and Exchange Commission, the disclosures reveal how the Silicon Valley start-up assesses the commercial threats posed by China and its artificial intelligence...
How China ‘risk factors’ loom over Anthropic’s hotly anticipated IPO filing
Open-weight models, China-US tensions, Taiwan – just a few of the more than dozen references to China-related risks cited in Anthropic’s much-anticipated listing prospectus, which was finally released on Monday after months of speculation. Mostly concentrated within the 93-page “risk factors” section of the filing with the US Securities and Exchange Commission, the disclosures reveal how the Silicon Valley start-up assesses the commercial threats posed by China and its artificial intelligence...
ByteDance’s Zhang Yiming tops China rich list with US$99.7 billion as AI fuels fortunes
ByteDance founder Zhang Yiming has reclaimed the title of China’s richest person with a nearly US$100 billion fortune, as artificial intelligence powers a surge in wealth among China’s top entrepreneurs, according to the Hurun Research Institute. The 43-year-old Zhang, who topped the ranking in 2024, saw his wealth rise 43 per cent to US$99.7 billion – a record for China’s richest individual – as TikTok owner ByteDance aggressively expanded into AI, according to the 28th edition of the Hurun...
China to boost protection of trade secrets against foreign entities
China plans new measures against foreign entities that infringe on local trade secrets, a boost to its legal defences in a technology race with the United States. New rules will cover any infringement that harms or “poses a real threat to China’s national sovereignty, security and developmental interests”, according to proposals released by the commerce ministry on Monday. The window for public comment is open until November 24. The draft rules toughen China’s intellectual property protection by...
Beijing pushes for UN-led governance of artificial intelligence at global forum
China is pitching open-source artificial intelligence and a greater voice for the Global South as cornerstones for future tech regulations, ramping up efforts to challenge US dominance in setting rules for the rapidly evolving sector. The push was laid out in Global Governance: Xiong’an Vision, a consensus document released on Sunday at the close of a three-day forum in Xiong’an New Area, a “city of the future” west of Beijing established under Chinese President Xi Jinping’s directive. The event...
Moonshot apologises after Kimi K3.1 Pro roll-out stumbles as promotional scrutiny widens
Chinese artificial intelligence start-up Moonshot AI, developer of the popular Kimi series, apologised on Monday for limiting customers’ use of its latest model in a botched roll-out that has also invited scrutiny over its promotional practices and cybersecurity measures. “We’re sorry for the rate limits and unnecessary quota consumption on the K3.1 Pro subscription plan,” Moonshot said in a post on social media. In a separate Chinese-language notice, it said it took responsibility for the...
Moonshot apologises after Kimi K3.1 Pro roll-out stumbles as promotional scrutiny widens
Chinese artificial intelligence start-up Moonshot AI, developer of the popular Kimi series, apologised on Monday for limiting customers’ use of its latest model in a botched roll-out that has also invited scrutiny over its promotional practices and cybersecurity measures. “We’re sorry for the rate limits and unnecessary quota consumption on the K3.1 Pro subscription plan,” Moonshot said in a post on social media. In a separate Chinese-language notice, it said it took responsibility for the...
Apple’s new iPad mini gets a larger OLED display and A20 Pro chip
The updated tablet keeps the previous model’s footprint, adds an IP67 rating and starts at $999 in Singapore.
ZTE up 7% after AI pivot, computing surge drive massive increase in third-quarter profit
Shares in ZTE rose more than 7 per cent in Hong Kong on Tuesday after the Chinese telecommunications equipment maker posted a nearly fivefold jump in third-quarter profit, driven by rapid expansion in its computing infrastructure and overseas operations. Net profit attributable to shareholders reached 1.31 billion yuan (US$196.3 million) for the three months ended September 30, up 395 per cent from a year earlier, according to an exchange filing released on Monday evening. Revenue climbed 34 per...
ZTE up 7% after AI pivot, computing surge drive massive increase in third-quarter profit
Shares in ZTE rose more than 7 per cent in Hong Kong on Tuesday after the Chinese telecommunications equipment maker posted a nearly fivefold jump in third-quarter profit, driven by rapid expansion in its computing infrastructure and overseas operations. Net profit attributable to shareholders reached 1.31 billion yuan (US$196.3 million) for the three months ended September 30, up 395 per cent from a year earlier, according to an exchange filing released on Monday evening. Revenue climbed 34 per...
AMD makes FSR Upscaling 4.1 available for Radeon RX 6000 GPUs and Ryzen handhelds
What’s more, Xbox Series X|S consoles are set to receive FSR Upscaling 4.1 in the future too.
Singapore Airlines is upgrading KrisWorld with 4K screens and Starlink Wi-Fi
The new system will arrive on selected aircraft from 2027, while PPS and KrisFlyer members will continue to get unlimited complimentary Wi-Fi.
iPhone Duo 2 already? Apple reportedly testing prototypes with Face ID and Action Button
Apple’s next foldable iPhone could address one of the current model's biggest omissions by adding Face ID.
Apple’s next event is called “Pro and Tell”, and it’s happening on 28 October
The event will likely see the unveiling of the long-awaited MacBook Pro with an OLED touchscreen, along with a new iPad mini and other new Macs.
The new Cayenne Electric is a looker
Porsche has officially introduced the all-electric Cayenne to the Philippine market. This transitions its flagship SUV line to a high-voltage battery architecture. The launch coincides with the brand’s 30th anniversary in the country. It marks a critical hardware milestone for Porsche’s transition to software-defined, zero-emission platforms across Southeast Asia. Specced Out The Philippine-spec Cayenne Electric packages a
Apple iPhone Duo price premiums evaporate in China’s scalper market
Scalpers in mainland China are slashing prices on Apple’s newly released iPhone Duo after the US tech giant’s first foldable smartphone drew mixed early consumer reviews over durability and software glitches. In Shenzhen’s Huaqiangbei electronics market, a vendor surnamed Shen on Monday cut the premium on a black iPhone Duo with 1 terabyte of memory – one of the most popular models – by 2,800 yuan (US$420), bringing the asking price down to 24,300 yuan from more than 25,000 yuan when the device...
Europe can still shape the rules of AI
In October, two technology executives offered Europe similar advice. In Turin, Alibaba Group Holding chairman Joe Tsai urged European companies to use open-source models and their proprietary industrial data to build AI capabilities. In Berlin, Nvidia chief Jensen Huang pressed German manufacturers to apply AI to factories, robotics and other physical industries. Both see opportunity in Europe’s engineering strengths, while their companies stand to benefit from supplying the technology. Recent...
M1’s 10TB mobile data plan is insane as much as it is brilliant
The orange telco’s fixed monthly allowance offers a striking point of comparison in a market where unlimited data plans are already available.
Razer’s Kraken Kitty V3 headset upgrades its cat ears with reactive RGB lighting
It brings the reactive lighting feature down from its more expensive cousin, the Kraken Kitty V3 Pro.
In a global first, Hong Kong opens secondary trading for tokenised public funds
The Hong Kong Securities and Futures Commission (SFC) on Monday approved the world’s first-ever secondary trading of tokenised public funds, reinforcing the city’s push to build the region’s leading ecosystem for tokenised finance. Investors can now trade two tokenised money market funds – the Hong Kong dollar and US dollar versions of the ChinaAMC Digital Money Market Fund – on an SFC-licensed virtual asset trading platform (VATP). “For retail investors, this marks a vital upgrade in time...
China’s AI race needs data fuel. Can a new state-owned giant deliver?
Beijing is making an ambitious bid to turn China’s vast ocean of data into fuel for artificial intelligence and economic growth with the launch of a centralised national data group, though experts warn its success will depend on tearing down entrenched data-sharing barriers. The venture – established on October 20 as a centrally managed state-owned enterprise headquartered in Xiongan New Area, Hebei province – signals Beijing’s intent to translate its digital trove into competitive...
Could new US investment curbs complicate China’s biotech licensing surge?
Chinese biotech firms face fresh headwinds in their global expansion as Washington’s proposed outbound investment restrictions threaten to disrupt deal structures, even though drug licensing agreements remain untouched for now, analysts say. The US Treasury Department’s draft rules released last week would “make it much harder for Chinese biotech firms to attract direct US investment or enter joint ventures”, according to David Zhang, an analyst at policy research firm Trivium China. US Treasury...
Chinese video AI models beat US rivals in visual quality, but lag on safeguards: HKU study
Chinese AI video-generation models have surpassed leading US rivals in visual quality, but several fall behind in safety precautions, according to researchers at the University of Hong Kong. ByteDance’s Seedance 2.0 Pro took top spot in a ranking of 12 leading artificial intelligence video-generation models, scoring 3.84 out of 5 for visual quality. It outperformed Google DeepMind’s Veo 3.1, which scored 3.47, and OpenAI’s Sora 2 Pro, on 3.27, in a study led by Zhenhui Jack Jiang, professor of...
South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share
China’s expanding semiconductor industry is fuelling anxiety in South Korea, where a new report from PwC has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing. To stay ahead, Samil PwC...
Early user reports of iPhone Duo mishaps see cracked screens and faulty pixels
Users report that inner displays become damaged after a few folds, with
Alibaba Cloud founder on how AI can unlock human potential
Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...
Alibaba Cloud founder on how AI can unlock human potential
Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...
Weapon or armour? The contentious debate over China’s open-weight AI
Are China’s increasingly powerful open-weight AI models a cybersecurity threat, or could restricting them ultimately make the internet less secure? The dilemma has become a growing concern as Chinese developers including DeepSeek, Z.ai and Alibaba Group Holding – owner of the South China Morning Post – continue to challenge their American rivals by releasing models that anyone can download, modify and deploy. The growing impact of advanced AI on global cybersecurity has also forced governments...
China shoots ahead on AI video models
While few dispute that China is narrowing the gap with the United States in developing artificial intelligence (AI) models, there is one area where Chinese firms are already the undisputed leaders: video. China has seen a proliferation of advanced generative AI video models – systems trained on visual data to generate or edit video content based on user inputs such as text prompts, images and audio. The country’s vast short-video ecosystems and looser copyright rules have helped give Chinese...
China shoots ahead on AI video models
While few dispute that China is narrowing the gap with the United States in developing artificial intelligence (AI) models, there is one area where Chinese firms are already the undisputed leaders: video. China has seen a proliferation of advanced generative AI video models – systems trained on visual data to generate or edit video content based on user inputs such as text prompts, images and audio. The country’s vast short-video ecosystems and looser copyright rules have helped give Chinese...
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