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Nio has agreed to sell a 30% stake in its battery swapping business, Nio Power, to Zhejiang Geely Holding Group, the company said on Monday. The two Chinese carmakers will also share technology and standards and build a joint service network. Geely Holding will pay with its whole battery swapping unit, Yiyi Power, plus 640 […]
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Nio sells a 30% stake in its battery swapping arm to Geely Read More »
China now requires the families of some top AI and chip executives to get Beijing’s approval before travelling abroad, Bloomberg News reported, citing people familiar with the matter. The rule covers spouses and children, even for short trips. Government agencies have started telling affected people about the wider restrictions, Bloomberg reported. Those covered include prominent […]
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China extends AI travel curbs to executives’ families, Bloomberg reports Read More »
Chinese AI company Z.ai and Beijing safety consultancy Concordia AI have published a framework for managing the risks of open-weight AI models. Anyone can download, modify and run the trained parameters of such models. The two released the report on Monday, Chong Ming Lee reported for the South China Morning Post. The report “provides the […]
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Z.ai and Concordia AI propose six stages for managing open-weight AI risk Read More »
The US and China will hold a regular dialogue on super intelligence and set up a channel for incidents. The White House announced the deal in a fact sheet on Xi Jinping’s state visit. Both leaders agreed to call the technology “super intelligence” rather than artificial intelligence. “The two countries established the U.S.-China Super Intelligence […]
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US and China agree a super intelligence dialogue and incident channel Read More »
China has overtaken the United States as the country where the most elite AI researchers work, according to a study by Carnegie China. The think tank is part of the Carnegie Endowment for International Peace. In 2025, 41% of the top researchers it tracked worked in China and 34% in the US. Three years earlier […]
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More elite AI researchers now work in China than in the US, study finds Read More »
China’s government has signalled it may let firms such as Alibaba and ByteDance buy Nvidia’s new RTX Pro 5500 chip. The Information reported the news on Sunday, citing two people familiar with the matter. China’s tech ministry recently asked some firms how many of the chips they plan to buy, and what for, according to […]
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China reportedly may let Alibaba and ByteDance buy new Nvidia chips Read More »
US chipmaker GlobalFoundries says demand for Chinese optical modules is strong as more data centres are built, one of its top bosses told the South China Morning Post. Ann Cao reported the interview from Shanghai on Sunday. Optical modules turn data into light so it can move quickly between servers in data centres. Chinese firms […]
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GlobalFoundries reportedly sees strong demand for Chinese optical modules Read More »
Chinese President Xi Jinping left Washington on Friday at the end of a state visit that extended the US-China trade truce but produced no major new agreements. Treasury Secretary Scott Bessent said the two countries had agreed to extend their trade truce to 10 January, NBC News reported. Artificial intelligence was also on the agenda. Before the […]
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Xi ends Washington visit with trade truce extended to January Read More »
Peter Thiel has called Pope Leo XIV a “useful idiot” for the Chinese Communist Party over the pope’s call to regulate AI. The PayPal and Palantir co-founder spoke to Axel Springer chief executive Mathias Döpfner on the MD Meets podcast, released on Thursday. The interview came before Thiel received the Axel Springer Award in Berlin […]
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Peter Thiel says the pope’s AI encyclical was ‘working for’ China Read More »
Local governments across China are competing to attract AI filmmakers with subsidised rent, living allowances and cheap computing power, Reuters reported on Friday. Zhu Zhili set up an AI film studio in Shenzhen two years ago. He told the agency that officials from big cities and small towns now call him every day, asking him to move […]
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Chinese cities offer subsidies and cheap computing to lure AI film studios Read More »