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China

Baidu announces 70 new AI models in China amid new regulations
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14 September, 2023

Baidu announces 70 new AI models in China amid new regulations

Baidu is launching 70 AI models in response to new Chinese regulations, focusing on generative AI and large language models.
China’s Shandong province aims for $20B metaverse valuation by 2025
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12 September, 2023

China’s Shandong province aims for $20B metaverse valuation by 2025

Shandong province aims to become a metaverse hub, investing heavily to attract industry giants and reach a 150 billion yuan...
People’s Bank of China to use digital yuan for retail CBDC transactions
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9 September, 2023

People’s Bank of China to use digital yuan for retail CBDC transactions

As digital renminbi uses the latest network and mobile payment technology, the director of the Digital Currency Research Institute of...
Digital assets recognized as legal property in China
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6 September, 2023

Digital assets recognized as legal property in China

While whether digital assets are subject to property rights is being debated, a court in China has ruled that digital...
Tech firms in China launch generative AI chatbots amid new legal framework
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6 September, 2023

Tech firms in China launch generative AI chatbots amid new legal framework

Chinese tech firms swiftly roll out artificial intelligence chatbots following new AI regulations, with Baidu's Ernie topping app store charts...
Blockchain data exchange to facilitate Web3 data trading among enterprises in China
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30 August, 2023

Blockchain data exchange to facilitate Web3 data trading among enterprises in China

The Hangzhou Data Exchange aims to support the trading of enterprise information technology data among businesses, secure privacy, and more.
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