A 17-year-old artificial intelligence researcher formerly with Moonshot AI has announced his departure for the United States, sparking intense speculation about his next move amid heated competition for elite talent between Silicon Valley and China’s tech hubs. Nathan Chen Guangyu wrote on social media on Thursday that he had left the Beijing-based start-up after less than a year, describing his time there as “the best [year] of my life so far”. The announcement caught many industry observers by...

The Hong Kong Productivity Council (HKPC) opened the city’s first experimental hub for embodied artificial intelligence on Thursday with the participation of seven mainland and Hong Kong companies, including industry leaders Unitree Robotics and Galbot, as the city looks to carve out a role in the global robotics boom. Located at the HKPC Building in Kowloon Tong, the Embodied AI International Applications Hub, housed under the HKPC’s industrial AI and robotics centre, features simulated...

The Hong Kong Productivity Council (HKPC) opened the city’s first experimental hub for embodied artificial intelligence on Thursday with the participation of seven mainland and Hong Kong companies, including industry leaders Unitree Robotics and Galbot, as the city looks to carve out a role in the global robotics boom. Located at the HKPC Building in Kowloon Tong, the Embodied AI International Applications Hub, housed under the HKPC’s industrial AI and robotics centre, features simulated...

A fleet of artificial intelligence agents operating on a Tencent Holdings cloud platform made thousands of attempts to circumvent security protections on Alibaba Group Holding’s mapping service, according to findings by third-party researchers. It is one of the first reported “rogue” AI events involving Chinese companies, following a string of recent high-profile incidents in the US, including from OpenAI and Anthropic, highlighting the risks of increasingly autonomous AI systems. Agents running...

A fleet of artificial intelligence agents operating on a Tencent Holdings cloud platform made thousands of attempts to circumvent security protections on Alibaba Group Holding’s mapping service, according to findings by third-party researchers. It is one of the first reported “rogue” AI events involving Chinese companies, following a string of recent high-profile incidents in the US, including from OpenAI and Anthropic, highlighting the risks of increasingly autonomous AI systems. Agents running...

Hong Kong investors are Asia’s most ambitious stock pickers, but they have much more subdued return expectations than regional peers swept up in enthusiasm over artificial intelligence, according to a survey by a global asset management firm. Some 95 per cent of Hong Kong respondents said they wanted to outperform the market, the highest proportion in Asia, where the average stood at 85 per cent, according to a survey conducted in August by Natixis Investment Managers. Hong Kong investors...

Hong Kong investors are Asia’s most ambitious stock pickers, but they have much more subdued return expectations than regional peers swept up in enthusiasm over artificial intelligence, according to a survey by a global asset management firm. Some 95 per cent of Hong Kong respondents said they wanted to outperform the market, the highest proportion in Asia, where the average stood at 85 per cent, according to a survey conducted in August by Natixis Investment Managers. Hong Kong investors...

Alibaba Group Holding is gearing up for its annual Singles’ Day shopping festival on major online marketplaces Taobao and Tmall, with the company expecting a record one million global brands to take part this year. Pre-sales for the event open on Thursday, followed by the formal sale next Tuesday. The company projects more than 70 million products to feature, also a record for the festival. Created by Alibaba in 2009, Singles’ Day has grown into the world’s largest online shopping festival. Also...

Alibaba Group Holding is gearing up for its annual Singles’ Day shopping festival on major online marketplaces Taobao and Tmall, with the company expecting a record one million global brands to take part this year. Pre-sales for the event open on Thursday, followed by the formal sale next Tuesday. The company projects more than 70 million products to feature, also a record for the festival. Created by Alibaba in 2009, Singles’ Day has grown into the world’s largest online shopping festival. Also...

Chinese artificial intelligence firm DeepSeek apologised and promised compensation to users after its services suffered a nearly five-hour outage on Thursday. DeepSeek will issue users a full refund for any consumption between October 8 and October 14 in the form of credits, according to a notice posted on the Hangzhou-based start-up’s application programming interface (API) platform. DeepSeek’s namesake chatbot and API services for its V4 Pro and V4.1 Flash models went offline on Thursday...