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China’s CXMT wins a reported $3bn memory deal with Tencent

Business, China, Digital Marketing, SEO Tips, Technology /

ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, two people familiar with the matter told Reuters, in a deal that would bind one of China’s largest cloud operators to its largest homegrown DRAM maker. Neither company has confirmed the agreement publicly, and the figure comes from sourcing rather than […]

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Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors

China, Deep tech, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

Baidu’s AI chip unit Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday. In an unusual twist, the company asked prospective IPO investors to also commit to purchasing its semiconductors, according to the report. Reuters could not independently verify the report. The $50 […]

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A Tokyo startup and a Beijing security firm just launched AI tools to fill the gap Anthropic’s export ban created

Anthropic, Artificial Intelligence, China, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Two Asian AI companies launched products this week that position themselves as alternatives to Anthropic’s suspended Mythos and Fable 5 models. Tokyo-based Sakana AI released Fugu, an orchestration model it says matches Fable 5 on key benchmarks, while Beijing cybersecurity firm 360 Security unveiled Tulongfeng, a vulnerability-discovery tool it claims can rival Mythos. Both launches […]

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Apple wants US approval to buy chips from CXMT as memory prices quadruple

Apple, China, Digital Marketing, Government and policy, SEO Tips, Technology /

Apple has been lobbying Commerce Department officials and other members of the Trump administration for approval to buy memory chips from ChangXin Memory Technologies, according to the Financial Times. CXMT is China’s largest DRAM manufacturer and sits on the Pentagon’s list of companies with alleged ties to the Chinese military. Six people familiar with the […]

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A Michigan township killed a $2.4 billion Chinese battery plant, and now the company might bankrupt it

Battery, Business, China, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]

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China wants its green power wired straight into the data centre

China, Digital Marketing, SEO Tips, Sustainability, Technology /

In the desert outside Zhongwei, in the northwestern region of Ningxia, four dedicated power lines now run from a field of solar panels to a cluster of computers. They do not pass through the public grid. That detail, dull as it sounds, is the whole point. China is encouraging its sprawling data centre industry to […]

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Morgan Stanley doubles its China robot forecast again

Artificial Intelligence, China, Corporates and innovation, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Technology /

Morgan Stanley has doubled its forecast for China humanoid robot shipments again, to 50,000 this year. The bank says the machines are moving from stage demos to real factories, shops and restaurants. China’s robots are leaving the showroom and reaching the shop floor. Morgan Stanley has doubled its forecast for China humanoid robot shipments for […]

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Zhipu weighs multibillion-dollar raise after 2,000% surge

Anthropic, Artificial Intelligence, China, Digital Marketing, Government and policy, Money, SEO Tips, Technology /

A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese artificial-intelligence lab fresh off a $558M Hong Kong listing. Its shares priced at […]

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JD.com says robots will replace its 700,000 couriers

Artificial Intelligence, China, Digital Marketing, Future of work, robots, SEO Tips, Technology, World /

JD.com robots will eventually replace the company’s 700,000 couriers, its founder says. It is a rare admission that automation is coming for blue-collar jobs. Most tech bosses hedge when asked whether machines will take people’s jobs. Richard Liu just said it plainly. He chairs JD.com, one of China’s biggest e-commerce groups. At the APEC China […]

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China hits back at the Pentagon with curbs on 56 US firms

China, Defence, Digital Marketing, Government and policy, Politics, SEO Tips, Technology, United States /

China’s new trade curbs target 56 US companies, from rare-earth miners to drone makers. It is direct retaliation for Washington adding Chinese firms to its military blacklist. China has answered the Pentagon’s blacklist with one of its own. On Monday, Beijing aimed trade curbs at 56 American companies. The measures hit drone makers and defence […]

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