Wall Street is tumbling Monday on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that can do similar things for much cheaper.

Dougong (斗拱) is a bracketing system used in ancient Chinese architecture. Huifu and its partners offer a "customized, open and reliable" system that connects payment, software, and data management capabilities, like ancient Chinese wooden components.

A slew of releases in the last week demonstrate how Chinese companies have moved quickly with AI models that compete with OpenAI’s ChatGPT.

Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for

The fund was established days after the US rolled out new chip export restrictions and placed more Chinese firms on its trade blacklist.

While the total industrial investment in Shanghai was estimated to achieve double-digit growth throughout 2024, the output value of high-tech ships and integrated circuits was estimated to grow by about 17 percent and 20 percent, respectively, on a yearly basis, according to Zhang.

Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's swift ascent in the global AI competition.

As 2025 unfolds, China's smartphone market faces a wave of price cuts, with Apple launching promotions and Huawei following suit by adjusting its pricing. While manufacturers compete for market share through innovation in a contracting market,

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

China's most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months, predicted its first-ever quarterly profit, adding fuel to hopes among some investors that the firm could replace US chip designer Nvidia in the local market amid Beijing's self-sufficiency drive.

Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the

Silicon Valley’s initial advantage in LLMs evaporated quickly despite export controls, writes AI expert Gary Marcus.