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AIGC shares surged in China with ChatGPT and similar applications on the rise - China Tech News
Tech

AIGC shares surged in China with ChatGPT and similar applications on the rise

Baidu Inc plans to launch an AI tool similar to OpenAIs ChatGPT in March while Microsoft Corp has looked at increasing stakes in OpenAI from its US 1 billion investment now according...
Chinese bourse turnover exceeds 1 trillion yuan amid New Year rebound - China Finance News
Finance

Chinese bourse turnover exceeds 1 trillion yuan amid New Year rebound

Microsoft recently announced new investment in ChatGPT maker OpenAI to extend their ongoing collaboration across AI supercomputing and research while publisher BuzzFeed also said...
IBM to cut 3,900 jobs as it reorganizes business - China Company News
Company

IBM to cut 3,900 jobs as it reorganizes business

Amazon Meta Microsoft and Googles parent company Alphabet have all recently laid out plans to reduce workforces after hiring heavily during the pandemic to meet increased demand...
Spotify to cut 6% of its global workforce - China Company News
Company

Spotify to cut 6% of its global workforce

Last week Microsoft announced that it was laying off 10 000 people and Googles parent company Alphabet said it would cut 12 000 jobs.
Google announces nearly 12,000 job cuts worldwide - China Company News
Company

Google announces nearly 12,000 job cuts worldwide

The move comes a day after Microsoft said it would reduce staff numbers by 10 000 in the coming months following similar layoffs by Facebook owner Meta Amazon and Twitter as the previously...
Microsoft says it will axe 10,000 employees over poor economy - China Company News
Company

Microsoft says it will axe 10,000 employees over poor economy

Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.
China remains attractive market for foreign enterprises - China Economy News
Economy

China remains attractive market for foreign enterprises

Jack Gao CEO of Smart Cinema and a former senior executive at Microsoft News Corporation and Chinas Wanda.
Multinationals eye greater tech cooperation with China - China Economy News
Economy

Multinationals eye greater tech cooperation with China

This year marks the 30th anniversary of US tech giant Microsofts entry into China. Guan Zhen chief technical adviser of Microsoft China cited launching Microsoft Research Asia...
World Internet of Things Exposition kicks off in east China - China Nation News
Nation

World Internet of Things Exposition kicks off in east China

From self driving vehicles to industrial robotics 240 IoT related enterprises including State Grid China Mobile Huawei and Microsoft displayed their latest products at the exhibition...
Shanghai gets first IP center for artificial intelligence - Shanghai Metro News
Metro

Shanghai gets first IP center for artificial intelligence

Industry titans such as Microsoft Research Asia Huawei Alibaba and startups like United Imaging and Yitu have their offices here.
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