“Tokens are the new commodity,” said Nvidia CEO Jensen Huang, clad in his iconic leather jacket, at the company’s annual flagship developer conference, GTC, last week in San Jose, California. The chip designer’s helmsman wants to recast his company not as a silicon vendor but as the architect of what he calls “AI [artificial intelligence] factories”, whose standard product is “token”. While Nvidia is busy writing the rules of a new token economy, a parallel debate is emerging in China around the...

Nvidia CEO Jensen Huang says the US robotics industry will have to rely on China’s supply chain despite the US pioneering the market, as the company bets on physical AI and looks to return to the Chinese market. “I think China is formidable,” Huang said when asked about the country’s rise in the robotics industry during a podcast hosted by Silicon Valley tech executives. “The reason for that is because their microelectronics, motors, rare earth and magnets – which are foundational to robotics –...

The Chinese founder of the massive router maker facing national security probes by the Trump administration has applied for an expedited visa under the Trump Gold Card programme, according to people familiar with the matter. California-based TP-Link Systems told the federal agencies scrutinising its operations that founder and Chief Executive Officer Jeffrey Chao had applied for permanent residency under the programme, the people said. Successful Gold Card applicants must give a US$1 million...

Alibaba Group Holding on Thursday said it aimed to generate US$100 billion in annual external revenue from its combined cloud and AI businesses within five years after disclosing for the first time the production progress of its T-Head chip unit, even as it missed its quarterly earnings estimates. “Over the past three months, token consumption on the Model Studio platform has grown by six times,” said CEO Eddie Wu Yongming on the earnings call, adding that model-as-a-service offerings would...

Tencent Holdings pledged to double its investment in artificial intelligence products and models in 2026, a bigger bet from the tech giant as it gains greater confidence in the technology’s capability to drive future growth across its businesses. The Shenzhen-based company dedicated 18 billion yuan (US$2.6 billion) to the development of new AI products in 2025, including 7 billion yuan in the fourth quarter alone, said Tencent president Martin Lau Chi-ping at a media briefing on Wednesday. “We...

Nvidia is restarting ⁠the production of one of the company’s chips that is designed to comply with US export restrictions on China, CEO Jensen Huang said at a press conference on Tuesday. The company had halted ‌manufacturing last year of its H200 chip, which is based on its ageing Hopper technology, because of increasing regulatory hurdles in the US and China, according to a report at the time. Since then, Nvidia has received licences to export the H200 from the US government ⁠and has taken...

Details of the Shenzhen museum being built by Pony Ma Huateng, co-founder and CEO of internet giant Tencent Holdings, were unveiled on March 17 after months of speculation. In a public letter, Pi Li, the former head of art at Hong Kong’s Tai Kwun, revealed that he is the founding director and first employee of Rong Museum of Art, a cultural institution with around 4,500 square metres (48,400 sq ft) in total floor area that will open in 2027. The name Rong refers to the Chinese character for...