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China’s tech giants race to close AI capex gap with US rivals — ByteDance’s post-TikTok pivot is the latest signal
・ByteDance is reportedly planning to spend $23 billion next year, mainly on AI infrastructure. ・The plans underscore how the Chinese tech industry is aggressively investing in AI and competing with ...
Alibaba on Monday unveiled a new artificial intelligence model Qwen 3.5 designed to execute complex tasks independently, with big improvements in performance and cost that the Chinese tech giant ...
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Chinese tech giants trade cash for AI buzz
Chinese tech giants are luring users with cash offers before their reported upcoming releases of competing AI models this month. US media outlet the Information reported that the tech companies are ...
Tencent Holdings is rated a buy, supported by robust financials, high-growth industry exposure, and macro tailwinds. TCEHY posted strong results, with 19% YoY net profit growth and significant CAPEX ...
HONG KONG/NEW YORK, Dec 23 (Reuters) - Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking to diversify, with concerns ...
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