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scmp.com

scmp.com
2731 articles
2026-03-09
South China Morning Post related

Nexperia's Chinese subsidiary says it has begun producing its own chips using 12-inch wafers, a further step toward independence from its Dutch parent

South China Morning Post related

Sources: Chinese AI circuit board maker Victory Giant plans a Hong Kong IPO as soon as April that may raise $2B+; China's regulator approved the IPO last week

Victory Giant Technology (Huizhou) Co., a Chinese maker of printed circuit boards, is preparing for a Hong Kong listing …

South China Morning Post related

OpenClaw mania hits China: AI labs launch tools to help users deploy OpenClaw, a Shenzhen district drafts a policy encouraging free OpenClaw services, and more

Chinese software shares surged Monday after local government agencies joined tech leaders such as Tencent Holdings Ltd …

South China Morning Post related

OpenClaw mania hits China: AI labs launch tools to help users deploy OpenClaw, a Shenzhen district drafts a policy encouraging free OpenClaw services, and more

Chinese software shares surged Monday after local government agencies joined tech leaders such as Tencent Holdings Ltd …

2026-03-08
South China Morning Post related

China's commerce ministry warns of global chip shortages due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary

China's commerce ministry on Saturday raised the possibility of another global semiconductor supply chain crisis due to “new conflicts” …

2026-03-05
South China Morning Post related

China's new five-year blueprint introduces an “AI+ action plan”, mentions AI 50+ times, and outlines investments in quantum computing, 6G, embodied AI, and more

China's new five-year policy blueprint laid out its ambitions to aggressively adopt artificial intelligence throughout …

South China Morning Post related

JD.com reports Q4 revenue up 1.5% YoY to ~$51.1B and a ~$391M net loss, its first quarterly loss since 2022, on weak Chinese spending and a food delivery war

South China Morning Post related

Staff memo: Alibaba says it is setting up a new task force to accelerate foundation model development, after the resignation of its Qwen AI head Lin Junyang

Alibaba Group Holding Ltd (9988.HK) said on Thursday it would set up a new task force to accelerate foundation model development …

2026-03-04
Associated Press related

Dario Amodei says Anthropic has a better retention rate than OpenAI, reminding its employees of its “mission” while countering competitors trying to hire them

It's the fastest-growing software business ever.Reuters:State Department switches to OpenAI as US agencies start phasing out Anthropic

Associated Press related

Sources: Anthropic recently passed $19B in run-rate revenue, up from $9B at the end of 2025 and ~$14B a few weeks ago, as its clash with the US DOD casts doubt

Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year …

2026-03-02
South China Morning Post related

Shanghai-based MiniMax reports 2025 revenue up 159% YoY to $79M, above $71.4M est., and a $1.87B net loss, up from a $465.2M net loss in 2024, after its IPO

MiniMax Group Inc. reported a better-than-expected 159% surge in revenue in 2025, reflecting the torrid growth that's drawn investors to China's leading OpenAI rivals.

2026-03-01
South China Morning Post related

China faces a dilemma as it looks to balance productivity gains from AI with labor displacement risks due to automation, which could trigger an economic spiral

Days after back-flipping AI humanoids dazzled China with a new year performance alongside dancers, a small research firm jolted US markets …

2026-02-28
South China Morning Post related

China faces a dilemma as it looks to balance productivity gains from AI with labor displacement risks due to automation, which could trigger an economic spiral

Days after back-flipping AI humanoids dazzled China with a new year performance alongside dancers, a small research firm jolted US markets …

2026-02-26
South China Morning Post related

Baidu reports Q4 revenue down 4% YoY to ~$4.8B, its third consecutive quarter of revenue decline, and net profit down 66% YoY to ~$259M, below ~$374M est.

Fourth-quarter net profit dropped 66% from a year earlier  —  Baidu reported sharply lower profit, with revenue declining for a third consecutive quarter.

South China Morning Post related

Nvidia says the US government granted it a license to ship a small number of H200 chips to Chinese customers, but it's unclear if Beijing will allow any imports

South China Morning Post related

Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates

Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …

2026-02-25
South China Morning Post related

Sources: General Atlantic is selling a stake in ByteDance in a deal that values it at $550B, up 66% since September 2025, the first divestment since its US sale

Investment firm General Atlantic is selling an equity stake in ByteDance in a deal that values the Chinese social media giant at $550 billion …

2026-02-24
South China Morning Post related

Shein founder Xu Yangtian made a rare public appearance in Guangdong, pledging to invest ~$1.45B into the province's supply chains in the next three years

Xu Yangtian says help from Communist Party and regional province was vital to fast-fashion retailer

South China Morning Post related

Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays

A Thought Exercise in Financial History, from the Future  —  Preface  —  What if our AI bullishness continues to be right …

South China Morning Post related

Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post

The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.  —  Software-makers AppLovin, CrowdStrike …