The success of Seedance — hailed as another ‘breakthrough’ by Chinese media — is in line with Beijing’s lofty ambitions to position itself as a global leader in artificial intelligence

Regulatory approvals were granted during Nvidia chief executive Jensen Huang's visit to China this week

MiniMax is the second of China's so-called 'AI tigers' to go public, the first being Zhipu AI which made its market debut on Thursday, and also saw solid gains on Friday

The Facebook parent said that the startup, Manus, will cut ties with China after it has been acquired

Chinese regulators have reportedly held 'emergency meetings' with representatives from top tech companies and asked them to assess their demand for the H200 AI chip

Every tested firm ranked very poorly at assessing existential safety, a measure that evaluates whether they have any concrete strategies to manage potential ‘catastrophic risks’ from AI superintelligence

The White House is reportedly concerned that the tie-up would help a Chinese firm improve its AI abilities and also make Apple more vulnerable to Beijing's censorship and data-sharing laws

The tech giant’s shares are up more than 70% so far this year after jumping nearly 90% over the past 12 months

Experts say that while it may be a 'hard pill for them to swallow', Chinese leaders are shifting their approach to the domestic tech industry

The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US

Apple chose Alibaba partly due to the e-commerce giant’s vast troves of personal data on users' shopping and payment habits, which could help train AI models

Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry