Microsoft’s $1.5B check for G42 shows growing US-China rift
As the Gulf region gains growing strategic importance for the tech war between the U.S. and China, Microsoft makes a big move into one of its richest oil countries. On…
China tensions underline US investment in TSMC
The United States Department of Commerce Monday proposed investing as much as $6.6 billion to fund a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) fab in Arizona. The funding would…
GGV Capital is no more, as partners announce two separate brands
The VCs who long ran GGV Capital, the 24-year-old cross-border firm that helped serve as a bridge between the U.S. and China, have settled on two new brands roughly six…
TikTok ban could harm Amazon sellers looking for alternatives
In March, the U.S. House of Representatives overwhelmingly passed a bill that could force ByteDance to divest TikTok or face a ban in U.S. app stores. Much of the related…
Alibaba staff offers glimpse into life of building LLM in China
Chinese tech companies are gathering all sorts of resources and talent to narrow their gap with OpenAI, and experiences for researchers on both sides of the Pacific Ocean can be…
Spyware leak offers ‘first-of-its-kind’ look inside Chinese government hacking efforts
Over the weekend, someone posted a cache of files and documents apparently stolen from the Chinese government hacking contractor, I-Soon. This leak gives cybersecurity researchers and rival governments an unprecedented…
Backed by Chinese carmaker Great Wall, Haomo raises $14M for autonomous driving tech
After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling…
China-backed Volt Typhoon hackers have lurked inside US critical infrastructure for ‘at least five years’
China-backed hackers have maintained access to American critical infrastructure for “at least five years” with the long-term goal of launching “destructive” cyberattacks, a coalition of U.S. intelligence agencies warned on…
China’s Xpeng is bringing its Tesla FSD equivalent to overseas owners
Xpeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said…
US disrupts China-backed hacking operation amid warning of threat to American infrastructure
FBI director says China's hackers are preparing to 'wreak havoc' on critical US systems The U.S. government announced Wednesday it had disrupted a China-backed hacking operation targeting U.S. critical infrastructure,…
Facing roadblocks, China’s robotaxi darlings apply the brakes
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of…