Google has recently announced that it will be opening an artificial intelligence centre in China.
News, Software
Alibaba injects major funding into world’s most valuable AI firm
China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup. 0 1989
UAE residents among the quickest adopters of fintech: report
The UAE has reportedly topped Western countries when it comes to the adoption of digital technologies for financial services.
China says its ‘open’ internet accounts for a third of economy: report
China’s digital economy accounts for nearly a third of gross domestic product, according to a report released at an annual …
Apple, Google CEOs attend China’s World Internet Conference
At China’s World Internet Conference, Apple’s Tim Cook and Google’s Sundar Pichai attended the event for the first time in …
Apple CEO: Developers earned $17B from China app store
Apple‘s chief executive Tim Cook said developers using its platform in China have earned a total 112 billion yuan ($16.93 …
US charges three Chinese nationals with Moody’s, Siemens data breach
US prosecutors have charged three Chinese nationals affiliated with a cybersecurity company in China with hacking into Siemens AG, Trimble and Moody’s Analytics to steal business secrets, according to a report by Reuters.
Alibaba Group acquires controlling stake in China’s Sun Art Retail Group
Alibaba Group is continuing its push into brick and mortal retail and is acquiring a controlling stake in China’s largest …
Citic, Baidu unveil direct bank driving Chinese fintech
China’s Citic Bank and search engine firm Baidu have come together to launch a direct banking joint venture called AiBank, …
Dragonfly, DECENT to bring blockchain to users
Gaming giant, Dragonfly and DECENT, developer of a proprietary blockchain technology called DCore, have come together to bring blockchain to …
Mozilla drops Yahoo, makes Google the default browser
Alphabet’s Google has reclaimed the spot as the default search engine on Mozilla’s Firefox Internet browser in the US and other regions.