- South China Morning Post
Hong Kong firms 'cautious' to deploy AI amid challenges in data acquisition, survey says
Hong Kong enterprises remain "cautious" about building and deploying artificial intelligence (AI) applications, owing to the challenges of acquiring high-quality data and uncertainties in the technology's return on investment, according to a survey. Conducted by Paris-based digital consultancy fifty-five during the Google Cloud Summit in Hong Kong last month, the survey showed that many local firms have not yet initiated any AI-driven projects. There were 139 survey respondents at the conference
- South China Morning Post
China eyes at least 50 sets of AI standards by 2026, from chips to applications and safety
China is seeking to establish least 50 sets of artificial intelligence (AI) standards by 2026, according to a new draft policy from Beijing, as the mainland pushes to close the gap with the United States in developing this technology. The proposed standards will include those that pertain to the training of large language models (LLMs) - the technology underpinning generative AI services like ChatGPT - as well as safety, governance, industrial applications, software, computing systems, data cent
- South China Morning Post
Amazon faces uphill battle against Temu and Shein as it woos Chinese merchants, analysts say
Amazon.com's plan to launch a discount shopping section would appeal to mainland Chinese suppliers with pricing flexibility, but competing with Temu and Shein in selling low-priced merchandise will not be easy, according to analysts. The US e-commerce giant told Chinese merchants in an invite-only meeting on Wednesday that this new online budget marketplace will feature non-branded fashion items, household goods and daily necessities, which will ship directly to consumers from warehouses on the
