Latest news with #ChinaTech
The Standard
14 hours ago
- Business
- The Standard
Canada orders China's Hikvision to close Canadian operations
Surveillance cameras are seen near the headquarters of Chinese video surveillance firm Hikvision in Hangzhou, Zhejiang province, China May 22, 2019. (Reuters/File)
Bloomberg
2 days ago
- Business
- Bloomberg
Bloomberg Tech: Asia 06/27/2025
Bloomberg Technology TV Shows Bloomberg Tech: Asia brings you the most exciting stories from the region's fast-moving tech scene. Hosted monthly by Shery Ahn and Annabelle Droulers, the show features in-depth conversations and on-the-ground reporting on the innovations, key players, and emerging voices shaping the future of Asia tech. The first episode explores the impact of China's AI advancements on competition with the US. We hear from key players in Asia's AI revolution including Manycore, one of China's so-called "Six Dragons" and Tokyo Electron, one of the world's top chip-tool makers. China Growth Capital's Wayne Shiong and Power Dynamics' Jen Zhu Scott also weigh in on the outlook for the AI race and investments in the sector. (Source: Bloomberg)
South China Morning Post
2 days ago
- Business
- South China Morning Post
OpenAI says Zhipu AI accelerates China's global efforts to challenge US tech dominance
OpenAI said its analysts found that Chinese artificial intelligence (AI) start-up Zhipu AI had made 'notable progress' in providing infrastructure solutions to governments and state-owned firms in non-Western markets, as Beijing seeks to strengthen its global leadership in the rapidly evolving technology. In a post on Wednesday, the ChatGPT maker, which has previously urged Washington to support US companies in their competition with Chinese rivals, said Zhipu represented 'China's answer' to OpenAI's international initiative. The blog cited a South China Morning Post report from last month detailing Zhipu's plans to expand its business overseas, leveraging the Belt and Road Initiative. Zhipu represented the nation's 'hopes of building a self-reliant, globally competitive AI ecosystem that rivals America's and lessens dependence on American tech', OpenAI said. 'The goal is to lock Chinese systems and standards into emerging markets before US or European rivals can, while showcasing a 'responsible, transparent and audit-ready' Chinese AI alternative.' Zhipu did not immediately reply to a request for comment on Thursday.
Bloomberg
10-06-2025
- Business
- Bloomberg
Billionaire Johnson Family's VC Fund to Exit China Tech Holdings
A venture capital fund backed by Fidelity Investments ' billionaire Johnson family plans to unload its Chinese technology holdings amid heightened tensions between Beijing and Washington, according to people familiar with the matter. Eight Roads, Abigail Johnson's family firm that was an early investor in China's internet sector, began exploring the sale of all its investments in about 40 Chinese tech companies earlier this year, the people said, asking not to be identified discussing a private matter.
Yahoo
01-06-2025
- Business
- Yahoo
Need to Improve Visibility of Asian Americans: Chen
The White House is planning wider sanctions on China's tech sector with new regulations targeting subsidiaries of Chinese companies. This came shortly after President Trump commented that Beijing violated a tariff agreement without giving any specifics. The escalating US-China tensions that the discourse of Asian American, Pacific Islander identity, safety, and economic opportunity has become all the more urgent. The Asian American Foundation CEO Norman Chen has more on the story. Sign in to access your portfolio
