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China

China 3-year Action Plan involves deploying metaverse in key sectors of the economy
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7 December, 2023

China 3-year Action Plan involves deploying metaverse in key sectors of the economy

China reveals a Three-Year Action Plan to integrate the metaverse, emphasizing cultural, educational, and entertainment sectors, aiming to set global...
OpenAI applies for GPT-6, GPT-7 trademarks in China: report
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5 December, 2023

OpenAI applies for GPT-6, GPT-7 trademarks in China: report

The ChatGPT maker also applied for GPT-4 and GPT-5 in April and July, respectively, despite not being allowed to offer...
Alibaba shuts down quantum computing unit to focus on AI research
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3 December, 2023

Alibaba shuts down quantum computing unit to focus on AI research

Alibaba is closing its quantum computing lab to focus on emerging technologies like generative AI—this move lays off 30 employees...
Digital yuan’s merchant fee removal worries point-of-sale manufacturers
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26 November, 2023

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...
China national data agency to spur digital economy and AI aspirations
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22 November, 2023

China national data agency to spur digital economy and AI aspirations

The new agency will take over some of the roles of the Cyberspace Administration of China, as some experts question...
Stealing NFTs in China is criminal offense
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16 November, 2023

Stealing NFTs in China is criminal offense

With the uptick in theft crimes involving digital collections, including NFTs, an evaluation of the characteristics of the tech was...
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