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04 Mar Chinese researchers aim to ‘reproduce’ OpenAI’s text-to-video model Sora with help from open source community

Posted at 13:00h in Asia

A team of researchers is making a fresh push to develop China’s answer to OpenAI’s text-to-video model Sora, in the latest sign of the country’s generative artificial intelligence (AI) frenzy.Professors from China’s Peking University and Shenzhen-based AI company Rabbitpre on March 1 jointly launched an...

04 Mar Chinese insurers sound the alarm over Vanke debt risks after property giant’s bonds, shares tumble on repayment concerns

Posted at 12:25h in Asia

Some of China’s largest insurers are sounding the alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the firm – a major property developer – hit record lows on repayment concerns.At least two Beijing-based...

04 Mar China’s ‘two sessions’ 2024: Big Tech delegates call for more home-made chips and brains to advance AI development

Posted at 12:00h in Asia

Technology executives attending China’s biggest annual political gathering known as the “two sessions” have called for the country to make more home-grown advanced chips and train talent to help with its artificial intelligence (AI) push, according to tabled proposals.Lei Jun, co-founder and CEO of smartphone...

04 Mar Chinese tech hub Shenzhen to expedite adoption of apps built on Huawei’s HarmonyOS across various industries in 2024

Posted at 11:00h in Asia

The Shenzhen municipal government intends to boost the number of its native apps built on HarmonyOS and push for their adoption across several major sectors, according to a 2024 action plan published on Sunday by the city’s Industry and Information Technology Bureau.Under that initiative, HarmonyOS-based...

04 Mar PayCargo picks Hong Kong as first point of entry to grow logistics payment systems in Asia, counts Cathay among clients

Posted at 09:31h in Asia

PayCargo, a US logistics payment platform operator backed by private equity firm Blackstone, is making Hong Kong its “first point of entry into the Asian market,” banking on the city’s appeal as the biggest air cargo hub in the region for growth.The Florida-based firm is...

04 Mar Revolutionising marketing: from AI insights to Gen Alpha engagement at leading digital marketing industry conference

Posted at 09:00h in Asia

Highlighting the conference, Zack Kass, former head of Go To Market at OpenAI, will demystify the future of AI in digital marketing. He aims to unpack the vast potential of AI technologies, providing attendees with a roadmap to navigate its complexities and harness its power...

04 Mar Opinion | Why Asian buyers’ love of Australia’s property market endures

Posted at 08:30h in Asia

Yet Australia’s appeal to many Asian buyers endures, and by some measures it is growing. While the heyday of Chinese investors pouring huge sums of money into Australian residential property is long gone, Chinese buyers are back.In the second quarter of last year, mainland China...

04 Mar China EV price war: BYD and Xpeng up the ante as they offer heavy discounts to arrest sales slump

Posted at 07:30h in Asia

The discount war in China’s electric vehicle (EV) space is picking up pace, with leading players BYD and Xpeng slashing the prices of their bestselling models to cushion falling sales. More carmakers are expected to join the fray as they go all out to maintain...

04 Mar Meet the women fighting for democracy

Posted at 06:28h in Europe

Yulia Navalnaya, wife of late Russian opposition leader Alexei Navalny, attends the Munich Security Conference (MSC), on the day it was announced that Alexei Navalny died by the prison service of the Yamalo-Nenets region where he had been serving his sentence, in Munich, southern Germany...

04 Mar Thailand considers directly charging short sellers as shares slump

Posted at 06:16h in Asia

Thailand plans to extend its crackdown on illegal short selling as shares remain in the doldrums, according to the stock exchange’s chairman.Market authorities are considering changing the law so both individuals and companies can be charged for such trades, said Pichai Chunhavajira, chairman of the...

Author: admin