Where China’s AI models make their money
Unlike overseas rivals that rely on subscriptions and APIs, Chinese AI vendors are monetizing through cloud platforms, project contracts and compute usage By LeadLeo Research Institute As commercialization of…
U.S. spares DeepSeek from Commerce Department blacklist
The U.S. will hold off from adding large language model AI company DeepSeek to a trade blacklist, as Donald Trump seeks to avoid escalating tensions with China, Reuters reported. Alongside…
BRIEF: China Literature hikes stake in Wuhan YHKT to majority
Online literature platform China Literature Ltd. (0772.HK) said on Tuesday that it will acquire an additional 28.22% of Wuhan YHKT Entertainment Co. Ltd. from Tencent for 400 million yuan ($59.26…
BRIEF: Tencent profit rises 11% amid stepped-up AI investment
Internet giant Tencent Holdings Ltd. (0700.HK) on Wednesday reported its revenue rose 9.1% year-on-year to 196 billion yuan ($28.93 billion) in the first quarter. Its non-IFRS profit rose by 10.7%…
AI generated content: An industrial-scale bête noire in need of regulation?
Chinese platforms are stepping in to regulate mechanized mass production of online content aimed at viral hits more than truth or providing informational value By Vivian Toh A viral…
CATL poised to boost lead over rivals in global battery race
The maiden annual earnings report from the world’s top EV battery maker since its Hong Kong IPO last year showed its profit significantly beat investor expectations Key Takeaways: CATL reported…
BRIEF: InSilico jumps in Hong Kong trading debut
Shares of AI-driven drug discovery platform InSilico Medicine (3696.HK) opened up 45% at HK$35 in their Hong Kong trading debut on Tuesday, before paring the gains to close up 34.1%…
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