Tag: ASIA
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DeepSeek Leverages Young Talent to Compete Against US AI Giants
DeepSeek, a Chinese AI start-up, is utilizing a predominantly young and talented team to compete against US tech giants. The company’s emphasis on hiring recent graduates over experienced professionals aims to foster innovation and creativity. Its success can be attributed to a skilled team that recently contributed to the development of its V3 AI model,…
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Chinese Companies Showcase Technological Innovations at CES 2025
Chinese companies prominently featured at CES 2025, showcasing innovations in displays, smart home devices, and robotics. Despite US sanctions, their global presence continues to grow, highlighting advancements in AI and other technologies. Companies like BOE and TCL presented cutting-edge products, emphasizing their commitment to innovation and market expansion. At the 2025 Consumer Electronics Show (CES)…
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China’s AI Advancements Amidst U.S. Chip Restrictions
China’s ambition to lead in AI by 2030 faces challenges from U.S. export controls and internal regulatory issues. Recent advancements from Chinese firms like DeepSeek and Tencent suggest that the U.S.’s lead in AI may be diminishing. Experts advocate for renewed negotiations on AI governance to address the implications of rapid technological advancements in both…
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Hong Kong’s Innovations Shine at CES 2025
At CES 2025, Hong Kong featured its largest-ever tech delegation, with 51 companies showcasing innovations that attracted international attention. HKSTP aims to expand its global influence through initiatives like the Innovation Mixer and Global Booster Programme. Recognized innovations included products from local firms that received CES Innovation Awards, highlighting Hong Kong’s growing impact in the…
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Corporate Developments and Investments: January 7, 2025
On January 7, 2025, Toyota invested $44 million in rocket startup Interstellar Tech amid Japan’s push for private sector participation in space. Microsoft pledged $3 billion in India to enhance cloud services. Infosys launched a program to engage employees in innovation, while Mobikwik reported financial losses. McDonald’s is revising diversity initiatives post-Supreme Court rulings, and…
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Alibaba Enhances Smart Glasses Market Through Partnership with RayNeo
Alibaba Group is expanding its presence in the AI hardware sector through a partnership with RayNeo, enhancing smart glasses with AI technology. Alibaba Cloud will provide customized AI models using its Qwen LLMs, marking a pioneering collaboration in China. The rise of generative AI is revitalizing interest in smart glasses, as demonstrated by other companies…
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E-Commerce Giants Embrace China’s New Trade-In Subsidy Program
E-commerce titans Alibaba and JD.com are swiftly engaging in China’s new subsidy program aimed at boosting consumer spending on home appliances. Following the government’s trade-in initiative, both companies launched their campaigns promoting rebates in various provinces, enhancing competition with emerging players in the market. Prominent Chinese e-commerce platforms, including JD.com and Alibaba, are rapidly seizing…
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E-Commerce Giants Embrace China’s New Trade-In Subsidy Program
E-commerce giants in China, including Alibaba and JD.com, are seizing new government subsidies aimed at boosting consumer spending by supporting home appliance purchases. They have launched multiple campaigns to engage shoppers as they compete against emerging rivals like Pinduoduo and Douyin, amid a backdrop of economic recovery initiatives. China’s leading e-commerce firms, including JD.com and…
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Understanding the Regulations on Pharmaceutical Gifts to Doctors in India
Recent findings by the Apex Committee reveal AbbVie Healthcare India Pvt Ltd violated the UCPMP by funding costly international trips for doctors disguised as learning opportunities. The UCPMP clearly forbids companies from offering gifts, travel, and hospitality to healthcare professionals to mitigate conflicts of interest. The enforcement of these regulations is necessary to enhance ethical…
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Navigating India’s Upcoming AI Regulations: Implications for Tech Companies
This article discusses the impending national AI regulations in India and their potential impact on tech companies. With AI projected to significantly boost the GDP of developing countries, organizations must be proactive in ensuring compliance with new data protection standards. Seeking expert guidance and leveraging boxed-AI solutions will be crucial for managing AI innovations without…