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03.03.26 - 14:01
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China′s AI red-packet battle burns through US$1 billion – but will users stick around? (SCMP)
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In an unprecedented Chinese New Year marketing blitz, Alibaba Group Holding, Baidu, ByteDance and Tencent Holdings spent an estimated 8 billion yuan (US$1.1 billion) to turn their artificial intelligence assistants into household names, according to Morgan Stanley.
Now the dust is settling.
A week after the holiday ended, early data offers a first glimpse into how China's AI landscape is evolving and which players gained lasting traction from the spending spree.
Morgan Stanley said all platforms......
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03.03.26 - 12:48
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Tech firms and AI farming tools ′playing with the food system′, warns thinktank (The Guardian)
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Google, Microsoft and Amazon among companies using algorithms and AI to influence what crops are grown and how, say criticsTech companies and industrial agriculture are “playing with the food system” by using AI and algorithms to undermine farmers in choosing what the world eats, leading food security experts have warned.Companies such as Google, Microsoft, Amazon, IBM and Alibaba are working with industrial agriculture firms to influence what crops are grown and how, according to a report by the thinktank International Panel of Experts on Sustainable Food Systems (IPES-Food). Continue reading......
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03.03.26 - 11:30
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HKD2.6B Southbound Trading Net Inflow to TENCENT (AAStocks)
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There was HKD2.6 billion, HKD780.6 million and HKD699.1 million Southbound Trading net inflow to TENCENT (00700.HK), XIAOMI-W (01810.HK) and SINOPEC SSC (01033.HK).There was HKD1.2 billion, HKD170.2 million and HKD7.8 million Southbound Trading net outflow from BABA-W (09988.HK), SMIC (00981.HK) and CNOOC (00883.HK).For Southbou......
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03.03.26 - 09:15
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Full-day Takeaway: HSI Down 291 pts; HSTI Down 112 pts; XIAOMI Down over 4%; PETROCHINA, CNOOC, OOIL, UNITEDENERGY GP, COSCO SHIP HOLD Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 291 pts or 1.1% to 25,768. HSTI dropped 112 pts or 2.3% to 4,876. HSCEI fell 93 pts or 1.1% to 8,608. Market turnover reached $370.55 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $31.58, down 4.7%MEITUAN (03690.HK) closed at $75.65, down 2.3%BABA (09988.HK) closed at $134.8, down 1.2%TENCENT (007......
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03.03.26 - 05:15
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Midday Takeaway: HSI Closes Midday at 25,985, Down 74 pts; HSTI Closes Midday at 4,938, Down 50 pts; XIAOMI Down over 3%; PETROCHINA, OOIL, CNOOC, UNITEDENERGY GP, COSCO SHIP ENGY Hit New Highs (AAStocks)
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At midday close, HSI dropped 74 pts or 0.3% to 25,985. HSTI dropped 50 pts or 1.0% to 4,938. HSCEI fell 26 pts or 0.3% to 8,675.Active Heavyweights:XIAOMI (01810.HK) closed at $32.14, down 3%MEITUAN (03690.HK) closed at $76.45, down 1.2%TENCENT (00700.HK) closed at $517.5, up 0.7%BABA (09988.HK) closed at $137, up 0.4%HSI & HSCE......
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03.03.26 - 03:00
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MEITUAN-W Rolls Out AI Browser Tabbit for Free Use (AAStocks)
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A team known as GN06 under MEITUAN-W (03690.HK) announced that its new product, the "Tabbit" AI browser, has entered public testing.This product supports both macOS and Windows platforms and is currently available for free without the need for an invitation code.~AAStocks Financial NewsWeb Site: www.aastocks.com...
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