As Apple’s latest legal battle with OpenAI complicates the Silicon Valley race to reshape the consumer tech market, one Chinese start-up is taking a leap forward after unveiling what it claims to be the world’s first agentic smartphone. At a launch event in Shanghai on Monday, Tencent Holdings-backed StepFun introduced the StepX Neo. The device runs on Step AOS, an operating system designed specifically for artificial intelligence agents, and was launched under StepX – which the firm billed as...

12 YouTube default settings to change right now for a more enjoyable experience

YouTube works well with default settings, but I tighten some privacy controls and enable a few features to make it even better.

Don't let an AI chatbot pick your password, ever

Are AI-generated passwords truly random? Research suggests AI passwords are far less secure than you might think.

SEO is not dead: 5 ways to win more citations from AI search

Now that AI chat is becoming the new status quo of search engines, the rules for staying visible have changed for small businesses and solopreneurs.

Alibaba to team up with Honor in race to build AI agentic devices

Alibaba Group Holding and Honor are set to deepen their tie-up over an operating system for AI-powered devices, as competition in the nascent “AI phone” genre gains momentum in China. The partnership is expected to be announced at the coming World Artificial Intelligence Conference (WAIC), which kicks off on Friday in Shanghai, alongside demonstrations of new agent capabilities developed by both, according to people familiar with the matter. Shenzhen-based Honor, spun off from Huawei...

Clash of the tech titans: China’s quiet industry vs loud US innovation

Great leadership doesn’t start with what you do but who you are. There are generally two leadership styles: loud and quiet. Loud leadership considers visibility for effectiveness and often focuses on showing dominance to drive results. Quiet leadership focuses on depth rather than volume. It is marked by clarity and consistency. If the West favours highly visible, charismatic leaders, in the East, leaders are often valued for their discipline and vision. The rivalry between the East and West for...

Global AI boom sees China’s chip exports nearly double in first half of year

China’s chip exports nearly doubled in the first half of the year, customs data shows, as a global AI boom cemented computing hardware’s place as a key economic growth engine. In the first six months of 2026, China exported 179.44 billion integrated circuits (ICs) worth a total of US$177.28 billion – up more than 96 per cent year on year – according to data released by the General Administration of Customs on Tuesday. The surge in IC exports was one of the key drivers behind China’s double-digit...

Chinese AI giants, start-ups ready for the agentic web era

The agentic web era has arrived, and Chinese companies are going all in. Humans were overtaken last month by artificial intelligence (AI) agents and AI bots as the majority users of the internet, data from global network company Cloudflare shows. By early July, agents and bots accounted for more than 60 per cent of web traffic. Even Cloudflare CEO Matthew Prince expressed surprise in a post on X, having initially forecast AI agent-driven web use would pass the 50 per cent mark only in late 2027....

I tried Google Maps' new 3D Immersive View for Android Auto, and it fixed my biggest navigation problems

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Taiwan's second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook

Taiwan’s UMC has kicked off mass production of silicon photonics wafers at its Singapore facility amid positive Citi forecast.

Chinese AI labs to challenge Thinking Machines Lab with new industry focus

Two former Chinese AI lab leaders said they aim to challenge Thinking Machines Lab, a US start-up founded by ex-OpenAI executive Mira Murati, and focus on building industry-specific artificial intelligence solutions and models following their exit from the fierce frontier AI race. “All models are relentlessly chasing the ceiling of general intelligence … but in many real-world scenarios, we don’t necessarily need an absolute all-rounder,” Zhang Fan, founder and CEO of Yoolee AI and previously a...

Chinese medical device makers push into Europe as anti-corruption squeeze bites at home

Facing anti-corruption policies and profit squeezing at home, Chinese innovative medical device companies are accelerating their push into the European market despite mounting cross-border trade protectionism. Government-backed hospital purchases of medical devices in China fell about 12 per cent year on year in the first five months of 2026, partly weighed down by “a new anti-corruption probe into hospitals”, dragging on the revenue of major Chinese medical device makers in the first half, said...

CNBC's The China Connection newsletter: Betting on Shenzhen over Silicon Valley

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Jim Cramer says tech remains the market's best place to find big winners despite recent struggles

CNBC's Jim Cramer said tech stocks continue to offer the market's biggest upside.

I tested COSMIC's new Frosted Glass effect, and it's way better than MacOS' Liquid Glass

This simply gorgeous Linux desktop just stole the UI crown from Apple's Liquid Glass.

SpaceX stock sinks for a second-straight day, nearing $135 IPO price

SpaceX went public a month ago in a record IPO. Elon Musk's space and AI company was added to the Nasdaq-100 last week.

Meta's Louisiana data center investment to reach $50 billion, aided by generous tax incentives

Meta said the planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5GW facility and cost more than $50 billion.

Shein executive chairman to step down as IPO nears completion, sources say

Shein Executive Chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of the matter said on Monday, retreating to an advisory role after three years as the public face of the global fast-fashion retailer. A Chinese-American billionaire who began his career in banking, Tang has acted as the Western proxy of ‌secretive Shein founder Sky Xu, liaising with politicians and regulators around the world while also...

Is that QR code a trap? How to spot quishing scams before it's too late

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Windows questions? How Copilot can analyze your PC settings now

Now rolling out to the Copilot Windows app, the new PC Insights skill can answer questions about your Windows system, settings, and more.

Trump calls for Congress to pass Clarity Act crypto bill to honor Lindsey Graham

The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans to advance the legislation.

Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit

Sam Altman insisted that Elon Musk was again obsessed with him because of an OpenAI model release earlier this week.

This tech stock just got another Wall Street boost. Why we're on the same page

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How I tag my files to avoid endless searching and disorganized folders

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Nvidia’s future challenger? Chinese start-up reveals aggressive AI chip road map

Dongfang Suanxin, a Chinese semiconductor start-up backed by state funds and domestic tech giants, has unveiled an ambitious plan to challenge American market leader Nvidia by using alternative chip architectures to sidestep United States-led export controls. The Shanghai-based firm announced on Monday that its strategy was built on software-defined computing and 3D-stacked near-memory architecture, which it said could reduce reliance on the advanced manufacturing processes and cutting-edge...

China works on AI safety benchmark as regulators target large model risks

China’s Ministry of Industry and Information Technology (MIIT) has started building a safety benchmark to evaluate artificial intelligence models, as regulators in the United States and Europe strengthen oversight of AI security. The MIIT-led National Industrial Information Security Development Research Centre is now recruiting companies and experts to co-build the benchmark, with applications due on Tuesday, according to a notice published on Monday. The institute said that current frameworks...

Iran strikes, Lindsey Graham, Apple takes OpenAI to court and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

AI is changing older workers' careers, research finds — here's how

AI may either prompt some older workers to leave their jobs or help make their roles more efficient, research finds. Here's which careers may be most affected.

Goldman Sachs picks two stocks that could benefit from a chip designer shortage

A structural shortage in labor supply across the semiconductor industry means the firms could be uniquely placed to grow EDA revenues.

Xi Jinping to attend World AI Conference for first time as China elevates tech push

President Xi Jinping will attend the opening ceremony of the 2026 World Artificial Intelligence Conference (WAIC) in Shanghai and deliver a keynote address, the Ministry of Foreign Affairs announced on Monday. The Chinese leader’s attendance will mark his first in-person appearance at the annual event since it was launched in 2018, signalling the growing priority Beijing places on AI to drive economic growth, technological competitiveness and global rule-setting. Xi previously sent a...

China’s Midea dispatches 20,000 air conditioners in race to cool heat-stricken France

Chinese home appliance giant Midea says it has rushed production and shipment of 20,000 air conditioners to France in just seven days to meet soaring demand fuelled by the intense heatwave across Europe. To speed up output, Midea doubled capacity to 6,000 portable air conditioners per day by opening a new production line on July 7, completing manufacturing of all 20,000 units in just three and a half days, the Foshan, Guangdong-based firm said in a statement on Monday. The company added it...

China’s drug industry pivots to AI-powered candidates to drive next wave of deals

After China’s cross-border deals for innovative drugs hit a record US$110 billion in the first half of 2026, the sector is now pivoting towards artificial intelligence-powered candidates to drive the next wave of transactions. China accounted for about 30 per cent of all new drugs currently under development worldwide, ranking second globally, according to Lan Gongtao, deputy director general of the Department of Drug Registration at the National Medical Products Administration. China’s...

China’s Zhipu AI, developer of GLM-5.2, defies slump as it pursues AGI over quick profits

Chinese artificial intelligence giant Zhipu AI bucked a broad plunge of AI-related stocks across Hong Kong and the Chinese mainland on Monday, which saw arch-rival MiniMax slumping almost 20 per cent. Zhipu, trading as Knowledge Atlas Technology in Hong Kong, closed almost flat at HK$1,645 on Monday after its shares gained more than 1 per cent by midday. The company, whose stock has skyrocketed 12-fold since its January debut, over the weekend pledged to prioritise advancing towards artificial...

Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation

Helsing said "investor demand significantly exceeded the available allocation" for its $1.8 billion funding round.

TSMC, the world's largest contract chipmaker, reports 68% surge in June revenue

Ahead of its second-quarter earnings, TSMC reported its June and first-half revenue for 2026.

Meet CXMT’s Zhu Yiming: the engineer building China’s answer to global memory-chip giants

When ChangXin Memory Technologies (CXMT) – China’s attempt to build a home-grown rival to the world’s top makers of memory chips – kicked off one of the country’s most anticipated initial public offerings (IPOs) of 2026 last week, the spotlight fell on its founder Zhu Yiming. The Shanghai offering, set to start taking subscriptions on Thursday, aims to raise 29.5 billion yuan (US$4.4 billion). And some analysts predict that CXMT could eventually command a market value of 3 trillion yuan, placing...

While Musk's Neuralink drills into skulls, China's BrainCo bets the future of brain tech is wearable

Interest in brain-computer interfaces is rising as it promises to help people with compromised neural abilities.

10 years of Pokémon Go and the millions still trying to catch 'em all

Michael Steranka, vice president at the mobile game's owner Scopely, says it has always been about bringing people together.

Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds

A majority of U.S. employees now want an AI sovereign wealth fund to hold corporations more accountable, according to a recent survey, as tech layoffs rise.

China Life sets up semiconductor fund amid Beijing’s call for ‘patient’ capital

Companies backed by the state and provincial governments in China have announced new funds to focus on the semiconductor industry, which requires a large amount of time and resources to grow, at a time when the country is in need of more “patient capital”. China Life Insurance, the country’s largest life insurer, backed by the State Council, said it would establish a partnership with total capital of 5 billion yuan (US$737 million) that “principally invests in companies operating in the...

In China’s electronics hub, a memory chip crisis is hitting consumers hard

For Cai, a trader in Shenzhen’s vast Huaqiangbei electronics hub, the business of assembling computers for gamers and corporate clients has suddenly become dramatically more expensive. The price of memory products in Huaqiangbei has tripled over the past year amid the global artificial intelligence boom – and the spike has hit the world’s largest wholesale electronics market hard. “Right now, memory and SSDs are the biggest cost drivers in a personal computer build,” Cai said, referring to...

‘Almost unlimited’: Execs says AI demand remains strong even as enterprises move to ‘valuemaxxing’

AI-related chip stocks have been volatile amid a debate over AI demand and spending.

The volatile AI trade marched higher, but oil kept Wall Street on edge last week

Chip stocks had a wild but strong week. Meta led our portfolio higher.

These underperforming trades could yield big returns over next six months

ETF Action's Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks.

In China, parents turn to AI to help children select a university degree

Zhang Qi, a ride-hailing driver based in Guangzhou, has turned to artificial intelligence this year to help his son make one of the most important decisions of his young life: choosing a university degree programme. Like millions of 18-year-olds across China, Zhang’s son recently received his university entrance exam results and had to navigate the country’s labyrinthine admissions system – choosing from thousands of programmes at hundreds of schools. Many middle-class families hire expensive...

Beyond Claude Code: the Chinese AI tools poised to benefit after back-door alert

Beijing’s recent cybersecurity warning against American artificial intelligence lab Anthropic is expected to accelerate a shift among Chinese developers towards domestic coding alternatives, according to analysts. China’s National Vulnerability Database (NVDB), overseen by the Ministry of Industry and Information Technology, issued an alert this week claiming multiple versions of Anthropic’s flagship Claude Code tool contained a security “back door”. According to the agency, the software could...

Chinese chip start-up aims to build 5-nanometre equivalent chips without using EUV by 2029

A Chinese chip start-up has launched what it claims to be the world’s first 8-inch production line for two-dimensional (2D) semiconductors, marking the country’s latest push to develop alternative chip technologies amid US curbs on its access to advanced chipmaking equipment. Shanghai-based Yuanjiwei on Thursday unveiled the pilot production line, saying it supports tape-out – or final stage of chip design – and covers the entire manufacturing process from 2D material preparation to chip...

Meta pulls new AI image feature after days of backlash

Meta's release this week of an AI feature that let people alter Instagram content drew swift blowback.

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Adrienne Murray has rare access to Microsoft's Quantum Lab in Denmark.

Is the Assassin's Creed Black Flag remake worth the 13 year wait?

The BBC's Tom Gerken plays the much-anticipated pirate game which has been remade from the ground up.

Apple sues OpenAI, its employees claiming theft of trade secrets

Apple said in a Friday lawsuit that OpenAI’s nascent hardware business is “rotten to its core.”

Apple sues OpenAI for stealing trade secrets

Apple on Friday sued OpenAI, accusing the artificial intelligence company of orchestrating a campaign to steal the iPhone maker’s trade secrets as it tries to develop its own consumer hardware device. The lawsuit – filed in a federal court in San Jose, California – paints a picture of an aggressive effort by OpenAI to poach Apple employees and extract confidential information to build its own device. The lawsuit marks a dramatic escalation in tensions between two companies that partnered in 2024...

Chinese users praise OpenAI’s GPT-5.6 for efficiency, even at higher cost than local rivals

OpenAI’s latest GPT-5.6 release marks a growing emphasis on cost-efficiency, a move welcomed by some users in China who continue to access the blocked service via virtual private networks (VPNs) and third-party proxies, even as the artificial intelligence model remains more expensive than local rivals. The launch on Thursday introduced a trio of models tailored to different capabilities, speeds and price points: the flagship Sol, the balanced Terra and the lightweight Luna. According to OpenAI,...

The next frontier of AI: how ‘world models’ are simulating reality and virtual spaces

Artificial intelligence has spent years learning to generate words, images and videos. Now, the industry’s attention is shifting towards “world models” – AI systems designed to simulate how the physical or digital world changes over time. While the term was originally associated with physics simulations and robotics, a growing number of Chinese companies are applying the concept more broadly. The technology remains in its infancy, with little consensus on what a world model should ultimately...

EU threatens Meta with fines over 'addictive' Facebook and Instagram

Regulators say features such as infinite scroll contribute to "compulsive use" and "unhealthy habits".

Shein receives approval for Hong Kong IPO from Chinese regulators

Online retail giant Shein Global Holdings has secured approval from the China Securities Regulatory Commission (CSRC) to seek an initial public offering in Hong Kong, a long-awaited step for the firm after its attempts to list in New York or London stalled. The firm plans to issue up to 341.6 million shares and list on the Hong Kong stock exchange, according to a Friday statement by the CSRC. Shein previously sought to go public in New York or London, according to earlier media reports, but...

Big tech must deal with scam ads under Ofcom proposals

Ofcom says more than half of UK adults have encountered potentially fraudulent ads online.

Nvidia gets China boost, Iran ceasefire breaks, GDP release

China eased a boycott of higher-end Nvidia processors, seeking to balance concerns about chip shortages hurting local artificial intelligence (AI) developers against the risk of over-reliance on US technology. Alibaba is among select businesses that will be eligible to buy H200s, Nvidia’s second-best AI chip, the South China Morning Post reported, citing an unidentified source. TikTok developer ByteDance and AI start-up DeepSeek are also on the list, The Information said this week. Alibaba owns...

MiniMax CEO forgoes salary until ‘AGI achieved’ as firm seeks US$2b amid 80% stock plunge

MiniMax’s founder and CEO has pledged to forgo his salary until the company achieves artificial general intelligence (AGI), as the Chinese AI firm launches a US$2 billion capital raising to fund its frontier technology goals after its stock plunged 80 per cent from its peak. In an internal memo sent to employees on Friday and seen by the South China Morning Post, Yan Junjie said MiniMax remained committed to its long-term mission despite “external noise” and market fluctuations. “Effective...

Hong Kong, Macau central to China’s commercial space expansion, GalaxySpace says

Hong Kong and Macau are integral to mainland China’s ambitions to build a globally competitive commercial space industry, according to executives at Beijing-based commercial space company GalaxySpace, as it bets on the two cities to help take its technologies and services overseas. “We have come to realise in recent years that Hong Kong and Macau hold irreplaceable strategic positions and industrial value in the development of China’s commercial space sector,” Xin Yichun, general manager of...

'Cool in 90 seconds' - the fake portable air conditioners sweeping the internet

The ASA says adverts claiming small devices can rapidly cool rooms were too good to be true.

Pressure builds on Europe's biggest port to be greener

A lawsuit demands that the Port of Rotterdam moves faster to cut its dependence on fossil fuel firms.

Why China is finally letting AI firms buy the Nvidia H200

For months, the United States and China have been locked in an unusual stand-off over cutting-edge chips – the building blocks of the artificial intelligence industry. In early 2026, Washington took the rare step of approving Nvidia’s H200 graphics processing unit for export to China, but Beijing has deliberately restricted Chinese firms from purchasing them as it pursues a tech self-sufficiency drive. Now, however, China’s stance is beginning to change, as the government plans to let selected...

Porn site company fined £630,000 over failed age checks

Ofcom has fined a slew of sites it says are failing to prevent children accessing their adult content.

‘Token economy’ emerging as AI use soars in China, experts tell conference

Chinese tech industry experts say the rapidly increasing use of AI tokens is giving rise to a token-based economy, with the tiny units underpinning artificial intelligence services evolving beyond a technical metric and into the basis for delivering and pricing AI services. “The [Chinese] digital economy has gone through the stages of the data economy and the computing economy. Today, the token economy is emerging,” Yin Hao, an academician at the Chinese Academy of Sciences, said on Wednesday...

Chinese AI labs pursue custom chips to lower costs but heavy upfront investment a risk

Chinese AI labs are increasingly pursuing proprietary chips, mirroring a global trend towards software-hardware integration, but industry insiders and analysts warn that the strategy carries risk due to the massive upfront investments required. “The core motivation for choosing in-house chips lies in pursuing [greater] hardware-software synergy and lowering long-term operating costs,” said Arisa Liu, chief director and research fellow at Taiwan Industry Economics Services. Paul Triolo, a partner...

China’s top DRAM maker sets date for US$4.3b Shanghai IPO amid memory boom

Chinese memory giant ChangXin Memory Technologies (CXMT) kicked off the final stage of its Shanghai listing, setting a subscription date for a share offering that is expected to raise at least 29.5 billion yuan (US$4.3 billion) and would rank as the second-largest on the tech-focused Star Market. China’s leading DRAM maker, based in Hefei in the central province of Anhui, will hold its initial price consultation on Monday and open subscriptions on July 16. The initial public offering (IPO) will...

Shares soar as recently-listed Zhipu AI and Iluvatar CoreX launch secondary placements

Shares of Chinese artificial intelligence model developer Zhipu AI and chipmaker Iluvatar CoreX Semiconductor surged on Thursday after the tech companies launched separate secondary share placements to raise billions of Hong Kong dollars for hardware and research. Zhipu AI, which trades as Knowledge Atlas Technology, saw its stock surge 11.3 per cent to HK$2,032 (US$259.23) on Thursday after launching an accelerated bookbuild to raise HK$31.4 billion. The company is offering 19.8 million primary...

China’s circuit-board makers push capex towards record to feed AI boom

China’s printed circuit board (PCB) makers are embarking on a factory-building spree to feed demand fuelled by the global artificial intelligence boom, a rush that is expected to push their capital expenditure to a record high. In the first half of the year, more than 20 Chinese PCB companies – including Victory Giant Technology, WUS Printed Circuit, Shennan Circuits and Suzhou Dongshan Precision Manufacturing – disclosed aggressive capacity expansion plans. With major players committing...

Alibaba shares spike 12% in Hong Kong as T-Head chips, AI revenue fuel earnings optimism

Shares of Alibaba Group Holding surged to a high of 13.8 per cent in Hong Kong on Wednesday as equity analysts expect revenue to reaccelerate in the June quarter, driven by growing demand for artificial intelligence and narrowing losses in food delivery. The gain, the strongest this year, came before the company closed up 12.2 per cent at HK$107.5 (US$13.71). Rivals Tencent Holdings and Meituan saw their shares grow 3.8 and 3.3 per cent, respectively, while the Hang Seng Tech Index increased by...

Outcry as Meta lets users make AI images from public Instagram profile pics

The tech giant said people can opt out - but privacy campaigners called it a "recipe for disaster".

Physical AI ‘space race’: can Europe compete with China and the US in humanoid robotics?

European firms say they are fighting to secure a foothold in physical AI – the integration of artificial intelligence into robotics and machinery – as China and the United States take an early lead in the sector, with industry insiders warning the continent faces the threat of further deindustrialisation if it fails to establish a competitive industry. “You see China and the US … because of AI … typically they are considered the leaders, but do not count out Europe,” said David Kehr, president...

Mainland Chinese tech firms find more than just deep capital pools in Hong Kong

Mainland Chinese technology companies newly listed on Hong Kong’s stock exchange are deepening their engagement with the city, tapping not only its capital markets but also its global connectivity to refine products, forge international partnerships and expand overseas, according to executives. For Beijing-based service robot maker Yunji Technology, Hong Kong has become a key gateway to global markets since its listing in the city in October. “If we use one word to describe what Hong Kong offers...

China weighs open-weight AI’s security risks against national tech innovation strategy: researchers

China is facing a delicate regulatory balancing act as it weighs the security risks of open-weight AI models against an innovation strategy that has been crucial to its race for technological supremacy with the United States, researchers said. Traditionally, open-weight models – which allow anyone to download code for free and run it on local hardware – have lagged months behind proprietary frontier models. But recent releases from Chinese labs have significantly narrowed that gap. Zhipu AI’s...

FCC denies US firm with Chinese links approval to provide telecoms services

The US Federal Communications Commission ⁠said on Tuesday it is adding California-based Digitalsystem Technology to a list of companies posing risks to US national security, citing links to Chinese telecoms firms and its ownership by a Chinese national. The FCC also said ‌it was denying the Los Angeles-based IT company permission to provide international telecommunications services, saying it could be exploited by Chinese threat actors. “There is significant risk that the government of China and...

Tech Life

The impact screen time is having on younger children.

World working together ‘as one ecosystem’ on RISC-V chip research: executive

Global cooperation on the RISC-V chip architecture remains resilient despite intense US-China technological rivalry, according to a chip veteran at Chinese e-commerce and AI giant Alibaba Group Holding. Speaking at the South China Morning Post’s China Conference 2026 on Tuesday, Alibaba vice-president Qi Xiaoning said major companies from around the world including the United States, China, India, Brazil and Europe were working together “as one unified ecosystem” on the RISC-V open-standard chip...

Glass crashes slashed? Ant Group embodied AI unit claims breakthrough in robot sensing

Robbyant, the embodied artificial intelligence arm of Chinese fintech giant Ant Group, launched a new vision model that it claims can help robots overcome a long-standing challenge: accurately perceiving glass, mirrors and transparent objects. The unit of Hangzhou-based Ant Group on Tuesday unveiled its next-generation spatial perception model, LingBot-Depth 2.0, alongside a new foundational visual model called LingBot-Vision, as AI labs race to equip machines with the “brains” required to...

Huawei’s new computing cluster, world’s first AI agent phone to debut at China AI summit

The coming World Artificial Intelligence Conference (WAIC) is set to feature major new product releases, such as Huawei Technologies’ next-generation computing cluster, as China doubles down on AI in the global technology race. This year’s WAIC, the ninth since 2018 and running from July 17 to 20 in Shanghai, would include the first physical display of Huawei’s Atlas 950 SuperPoD, Tang Wenkan, director of the Shanghai Municipal Commission of Economy and Informatisation, said at a press briefing...

Zhipu AI, MiniMax shares to provide gut check for Hong Kong investors as lock-ups end

Hong Kong’s stock market could face sell-off pressure amid a torrent of new share supply in coming days as the six-month lock-up period ends for hot artificial intelligence and semiconductor picks including Zhipu AI and MiniMax. Meanwhile analysts warned of rising fears of a drain on liquidity as many of the same companies were eyeing large secondary share placements. The market was facing dual selling pressure, said Stevan Tam, associate director at Fulbright Financial. “These stocks have...

China’s chip equipment rally faces earnings test as memory boom fuels bets on local tools

China’s semiconductor equipment industry is heading into the first-half earnings season under intense scrutiny, as a broad stock rally turns one of the tech sector’s least visible niches into a crowded investor trade. The rally has swept across makers of etching, thin-film deposition, cleaning and testing machines, among others, reflecting bets that China’s next round of chip spending will benefit a wider group of domestic suppliers. Shares of Naura Technology Group have soared more than 70 per...

Patient Communication AI in a Hong Kong Hospital: A Privacy-First Architecture on AWS

[The content of this article has been produced by our advertising partner.] The Radiology Department fields a steady flow of enquiries from many patients at the same time, arriving at all hours of the day and night, often stretching over days or months as patients consider their options or return after consulting their referring doctor. Each time a conversation resumes, staff have to pick up where it left off. The underlying work is complex too: 1,000+ distinct examination items, each with...

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

Shares of Kuaishou Technology plunged 12 per cent on Tuesday after Tencent Holdings slashed its stake in the short-video platform by selling 273 million Class B shares, just days after leading a US$3 billion financing round for Kuaishou’s artificial intelligence video unit, Kling AI. The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent, meaning the tech giant would cease to be a substantial shareholder, according to a Kuaishou filing to the Hong Kong...

China records most new unicorn start-ups in 5 years as AI and robotics boom

China’s innovation ecosystem has witnessed a resurgence, minting 67 new unicorn start-ups in the first half of 2026 – the biggest increase in almost five years – as AI and robotics kick off a new investment cycle. The growth translates into an average of one new unicorn – private companies valued at US$1 billion or more – in less than every three days and was the highest since the second half of 2021 when 76 new unicorns were created, according to a Monday report by ITJuzi, a start-up...

Hong Kong’s IPO surge

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Robots available for rent: But what can they do?

Robotics tech is changing fast, so for many it makes sense to rent a robot.

Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'

The sweeping layoffs equate to 2.1% of Microsoft's workforce, with 1,600 immediate job losses at Xbox.

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies

Tech giant Alibaba Group Holding has secured a temporary legal reprieve that effectively allows it to resume lobbying in the United States, the latest development in its dispute with the Pentagon after the firm was included on a blacklist of companies deemed to support China’s military. A judge in the Northern District of California on Sunday ordered the Department of Defence not to enforce a lobbying prohibition against Alibaba while the court considered the firm’s constitutional challenge to...

Huawei’s next smartphone chip taps new scaling law for performance boost: paper

Huawei Technologies’ coming smartphone processor is on track for a performance boost, without the need for more advanced processing nodes or lithography technology, according to new production data unveiled by the firm. Using Huawei’s LogicFolding architecture, the Kirin 2026, a mobile processor set to power the firm’s coming flagship Mate handsets launching this autumn, has increased transistor density by 55 per cent compared to last year’s Kirin9030 Pro, according to an updated paper on the...

Global robotaxi market set to hit US$1t by 2040 as China tech costs plummet: Morgan Stanley

The global robotaxi sector is on track to become a US$1 trillion market by 2040, according to Morgan Stanley, with Chinese players like Baidu, Xpeng and WeRide primed to be regional front-runners alongside global leaders Tesla and Waymo. In a research note on Friday, the US investment bank forecast that falling manufacturing costs in China would act as a “major underappreciated accelerant” for the industry. Driven by cheaper supply chains, the cost of parts per vehicle for Chinese-made robotaxi...

Tech Now

Adrienne Murray meets the team using technology to preserve a historic warship in Sweden.

Parents warned not to publicly share children’s images amid AI abuse risks

The NCA says there is a growing threat of children's images being used to create child abuse material.

Tech Life

We hear concerns that shadow banning is limiting access to health advice for women.

Tech Life

We're at one of Europe's biggest tech events.

Tech Life

The prompt that made ChatGPT generate disturbing images. What does this tell us about AI?

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Shiona McCallum visits Fifa HQ in Zurich to see new tech being used in the World Cup.

Tech Now

Shiona McCallum meets a medical expert testing out the future of prosthetics.

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