Robotics excitement meets a reality check China’s fast growing robotics sector may need at least five years before it reaches the kind of mass adoption moment seen in the electric vehicle industry, according to a leading private equity investor. The warning comes as
A humanoid robotics company in Shenzhen, known for its remarkably dexterous machines, has secured fresh investment from a fund linked to China Mobile, marking another strong signal of China’s growing commitment to advancing robotics and artificial intelligence. The start-up, Daimon Robotics Technology, is
Microsoft has announced a sweeping US$17.5 billion commitment to expand artificial intelligence and cloud computing infrastructure in India over the next four years, marking one of the company’s largest investments in Asia. Chief Executive Officer Satya Nadella revealed the plan after meeting Prime
Alibaba Group Holding is set to outpace its Chinese Big Tech counterparts in capital expenditure for artificial intelligence, as the company intensifies its strategic push to establish leadership in the global AI arena. The company’s cloud and AI division, Alibaba Cloud, reported a
Nvidia has taken another major step to strengthen its position in the global artificial intelligence industry by investing US$2 billion in Synopsys, a leading chip design software company. This new investment is part of a broader multi-year partnership aimed at developing advanced AI-powered
Nvidia has taken another bold step in strengthening its influence across the global artificial intelligence landscape by investing 2 billion US dollars in Synopsys, one of the world’s most important chip design software companies. The move highlights how quickly the AI ecosystem is
Alibaba Group Holding expects to remain the top spender on artificial intelligence investments among major Chinese technology companies, supported by continued strong revenue growth from its AI and cloud computing division. The company signalled its intention to accelerate AI-related capital expenditure as demand
WealthTech, the intersection of wealth management and technology, is transforming the financial landscape in China. Driven by digital platforms, artificial intelligence, and big data analytics, WealthTech solutions offer personalized investment advice, portfolio management, and automated financial services. The sector caters to a rapidly
