China
Singapore, Guangdong deepen collaboration in digital economy
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 opens QwenWork workplace AI agent to global users
Alibaba has opened the international edition of QwenWork, its workplace AI agent platform, in public beta through web and desktop apps.
Mech-Mind seeks up to HK$2.7 billion in Hong Kong IPO
Chinese industrial robotics company Mech-Mind is seeking up to HK$2.7 billion in a Hong Kong IPO to fund R&D and international expansion.
Hong Kong’s BOCHK, Singapore’s Ant International partner on cross-border payments, treasury, SME services
Bank of China (Hong Kong), or BOCHK, and Singapore-based Ant International will jointly develop cross-border payments, treasury management, and financial services for small and medium-sized enterprises (SME).
Barclays, Citi, Deutsche Bank, Standard Chartered adopt Ant International’s FalconTST AI model 2.0
Barclays, Citi, Deutsche Bank, and Standard Chartered have integrated the Falcon Time-Series Transformer (TST), a forecasting AI model built by Singapore-based Ant International, into their foreign-exchange systems.
China’s domestic AI stack gains momentum despite hardware gap
China’s domestic artificial intelligence (AI) ecosystem is gaining momentum as major models demonstrate the ability to train and run on locally developed chips, while Nvidia supply constraints and Beijing’s restrictions on foreign processors accelerate the shift towards domestic hardware, Maybank Investment Bank said on Monday.
Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue
SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.
Singapore-based Manus AI to leave Meta as China blocks Meta’s $2B acquisition
Manus, a Singapore-headquartered AI agent startup founded in China, will return to operating as an independent company and delete some user data, months after Chinese regulators blocked Meta's $2 billion acquisition of the startup.
China’s Ant Group upgrades physician platform into AI workstation “AQ for Doctor” with 300,000 verified doctors
China's Ant Group, the operator of Alipay, has upgraded its physician platform "Haodf for Doctor" into "AQ for Doctor," an AI-powered workstation for physicians covering online consultations, patient management, clinical decision support, and medical research.
China’s Alibaba releases Wan3.0 AI video model in public beta with 30s clips, multimodal inputs
China's technology giant Alibaba has launched a public beta of Wan3.0, an AI video generation model supporting clips of up to 30 seconds and multimodal inputs including text, image, video, audio, web pages, PDFs, and PowerPoint presentations.
