State-owned giants Postal Savings Bank and Industrial and Commercial Bank of China (ICBC), as well as regional lenders Bank ...

Chinese AI startup DeepSeek on Saturday disclosed some cost and revenue data related to its hit V3 and R1 models. It claimed ...

DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose ...

Tencent claims its Hunyuan Turbo S model is able to reply to queries within a second, distinguishing itself "from DeepSeek R1 ...

Unitree Robotics, the Hangzhou-based firm behind the viral G1 robot, has open-sourced its cutting-edge algorithms and hardware designs, mirroring the collaborative ethos that propelled AI ...

Tencent Holdings Ltd. became the latest tech company to unveil or enhance an AI model intended to eclipse DeepSeek, joining a ...

The AI API Market is expected to reach USD 179.14 billion by 2030 from USD 44.41 billion in 2025, at a CAGR of 32.2% during 2025-2030, according ...

Strategies to boost AI development will likely be discussed at China's upcoming Two Sessions - the country's most important political gathering of the year. China's top economic officials have already ...

DeepSeek is comparable to the ChatGPT and Claude models by US-based OpenAI and Anthropic in terms of performance, while being ...

Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces ...