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CHINA

China this year has implemented numerous measures to protect homegrown AI.

Global Enterprise

Beijing is looking at curbing overseas access to China’s top AI models: sources

Officials suggest leaks or thefts of AI could become punishable under national security law, source says

ByteDance’s Doubao will shut down a feature on Jul 15 that allows users to customise their own AI personas.

Telcos, Media & Tech

ByteDance, Alibaba pull AI companions as Beijing tightens rules

In the US, tech platforms have come under intense legal scrutiny for similar features

The appointed platforms are Tokopedia, Sea’s Shopee, Alibaba-backed Lazada and Blibli, said Indonesia’s tax office.

Indonesia asks four e-commerce platforms to collect income tax from sellers

From Aug 1, the platforms must collect and pass on income tax on sales made by small- and medium-sized sellers

Qualcomm is the world’s largest supplier of smartphone modem chips, which manage cellular communications.

Telcos, Media & Tech

Qualcomm in talks to provide custom chip-design services to ByteDance: sources

The negotiations show US tech companies are keen to do business with China, even with growing friction over AI chips

ByteDance is weighing plans to boost capital spending to as much as US$70 billion this year to expand its data centres and other AI infrastructure.

Telcos, Media & Tech

ByteDance seeks US$20 billion in its largest-ever offshore loan

The company has long been regarded as a prime initial public offering candidate

To sell products in China, Microsoft must partner with local providers.

Telcos, Media & Tech

Microsoft makes big AI inroads in China by selling OpenAI models

The company operates multiple data centre regions in the country, near Beijing and Shanghai

Iluvatar CoreX is expected to ship at least 50,000 chips to ByteDance this year and most of them will be used for inference workloads.

Telcos, Media & Tech

ByteDance in talks with China’s Iluvatar CoreX to purchase AI chips: sources

The potential deals demonstrate that efforts by Chinese chipmakers to offer alternatives to foreign AI chips are gaining traction

Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months.

Consumer & Healthcare

Alibaba, JD.com shares slide after Beijing slams price-cut promotions

The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts

Zhang Yiming’s net worth climbs to US$92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index.

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

The surge comes amid the success of ByteDance’s video app, as well as its Doubao AI chatbot

ByteDance is targeting deployment of its proprietary CPU in its own servers and data centres to support internal operations.

Telcos, Media & Tech

ByteDance developing custom CPU chips to support AI roll-out: sources

Surging chip prices, prolonged supply shortages have constrained expansion plans

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