China

Tencent has open-sourced Hy4 preview, a 770-billion-parameter model with 49 billion active parameters and a one-million-token context window.

XTransfer has secured in-principle approval for a UAE retail payment services license, subject to completing the central bank's pre-issuance conditions.

TDCX has opened its sixth China center in Foshan with about 100 positions and AI-assisted customer experience services for Greater Bay Area clients.

The evening brought together members of the regional technology and startup ecosystem for networking, knowledge exchange and discussions around artificial intelligence and cross-border opportunities.

Chinese technology giants are rapidly increasing spending on artificial intelligence infrastructure but face greater financial constraints than their U.S. counterparts, whose larger and more profitable core businesses provide stronger cash flow and greater capacity to sustain heavy investment, Moody’s Ratings said on Thursday.

Hong Kong regulators selected 36 agentic AI use cases from nearly 100 proposals for controlled trials across banking and other financial sectors.

SenseTime reported its first IFRS profit since listing as generative AI revenue rose, although investment gains helped the result and adjusted losses continued.

China's electronics group TCL plans to raise its total investment in Vietnam to $590 million by 2027, from $310 million at the moment, the Vietnamese government said Wednesday, regarding at meeting between TCL leadership and Deputy Prime Minister Pham Gia Tuc.

Singapore and Guangdong are deepening collaboration in the digital economy, with artificial intelligence (AI) emerging as a key area of shared interest, Enterprise Singapore said on Tuesday.

Alibaba has opened the international edition of QwenWork, its workplace AI agent platform, in public beta through web and desktop apps.