China
Tencent to participate in mBridge MVP
Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
UAE opts for US over China on AI collaboration
Omar Al Olama, the UAE’s Minister of State for AI, revealed the country’s stance in an interview, saying, “There is...
Big Chinese banks announce involvement in mBridge CBDC project
The BIS announced that its mBrdige had entered the Minimum Viable Product stage and revealed that Saudi Arabia's central bank...
HSBC extends digital yuan services for corporate clients, eyes new use cases
With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI
In terms of capabilities, Qwen2 could challenge existing AI models developed by tech giants OpenAI and Meta, with features such...
Fudan University’s 100 AI courses to boost digital literacy, AI talent
The Chinese university plans to launch over 100 AI courses for its students across several faculties, with early plans to...
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