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Japan's SoftBank concludes run as Alibaba's biggest shareholder, drawing a close to one of the most successful internet deals in China

SoftBank expects to book US$8.5 billion, about 425 times the value of its initial Alibaba investment, for its 2024 financial year after divesting more than 500 million shares in the e-commerce giant. ....

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Chinese AI champion SenseTime introduces Go playing robot to Japan, South Korea

Chinese artificial intelligence champion SenseTime, known as a provider of AI systems for governments and companies, is now venturing into foreign consumer markets, initially Japan and South Korea. ....

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China's premier among top officials to pay tribute to late AI visionary Tang Xiao'ou

Li Qiang, Vice-Premier Ding Xuexiang among Chinese leaders paying respects to the leading facial recognition expert and SenseTime co-founder, who died Friday. ....

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Chinese AI expert Tang's sudden death throws SenseTime into disarray, shares hit record low

The sudden death of Tang Xiao'ou, a key figure behind China's facial recognition technology and a cofounder of SenseTime Group, is the latest challenge to face the US-sanctioned artificial intelligence (AI) giant, with its shares losing 11 per cent in Hong Kong on Monday. Shares of SenseTime, once held up as a model of China's AI capabilities thanks to the strong research credentials of Tang, a professor with the Chinese University of Hong Kong, have dropped to their lowest-ever level since its ....

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Exclusive | SenseTime defied US sanction to raise capital in Hong Kong. Where does it go from here?

What happened with SenseTime reflects how growing animosity between the US and China is catching Hong Kong in the crossfire between the world’s two largest economies. ....

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