Tencent profit grows 54% y-o-y as short video service boosts ad revenue · TechNode
Tencent’s profit jumped 54% to RMB 50.3 billion ($7.1 billion) in the first quarter thanks to the Chinese tech giant’s…
Tencent’s Q1 gaming revenue shows signs of recovery · TechNode
On Tuesday, Chinese tech giant Tencent released its earnings report for the first quarter of 2024, which ended on March…
Chinese firms CXMT and Wuhan Xinxin make progress in high bandwidth memory production for AI chips · TechNode
Two Chinese chip-makers, ChangXin Memory Technologies (CXMT) and Wuhan Xinxin, are at the early stages of producing high bandwidth memory…
ByteDance surprises AI rivals with ultra-low cost Doubao model · TechNode
TikTok owner ByteDance has surprised the artificial intelligence industry with the ultra-low cost of its Doubao model, which the company…
Foxconn Zhengzhou hires 50,000 workers in two weeks as iPhone 16 series stock may reach 95 million units · TechNode
Foxconn’s factory in the central Chinese city of Zhengzhou has hired at least 50,000 workers in the past two weeks…
Alibaba says its math-specific AI model outperforms rivals · TechNode
Alibaba has claimed that its open-source large model Qwen2-Math delivers “state-of-the-art” math competency, saying it handles mathematical problems in algebra…
China and US tie for top spot in gold medal count at Paris Olympics 2024 · TechNode
On August 11, China wrapped up its best performance at a summer Olympics since the 2008 Olympics in Beijing, winning…
TikTok links up with Amazon for in-app purchases · TechNode
TikTok has partnered with Amazon to allow users on the short video platform to buy products from the retail giant…
China’s Neta launches three electric car models in Brazil · TechNode
Neta Auto on Aug 9 announced the debut of its three electric vehicle models in Brazil, becoming the first Chinese…
China now has over 180 LLMs approved for general use · TechNode
More than 180 China-developed large AI models have received approval from authorities to provide public services, Wang Jingtao, vice minister…
