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ByteDance, the Chinese owner of TikTok, is pushing deeper into artificial intelligence with Anew Labs, a drug-discovery unit that has begun presenting its AI-designed therapies at international conferences. The unit – also known as Anew Therapeutics or ByteDance AI Drug Discovery – operates from Shanghai, Singapore and San Jose, California. Its official website listed 36 core me...

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At the close of his presentation at this year’s Auto China show, Li Fenggang, president of Beijing Hyundai Motor, surprised the audience by asking them to lift LED boxes placed on their seats. “We’ll use this beam of light to kick off Hyundai’s new journey in China,” he said, raising the device stamped with the logo of Ioniq, the new brand the Korean carmaker has just launched i...

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Hong Kong has made “significant” progress in its bid to transform itself into a technology hub, according to a Chinese venture capital investor, whose firm was recently selected by the city to invest in local start-ups under a HK$2 billion (US$250 million) government initiative. “You can see fundamental, significant changes are indeed taking place,” said Steve Sun, founding mana...

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A sweeping rule change for drones in Beijing, which bars sales in the Chinese capital and requires identity registration linked to each device from Friday, has left sellers and consumers scrambling to cope with some of the country’s toughest regulations on the sector. At a flagship retail store operated by DJI, the world’s largest drone maker, in Beijing’s bustling Guomao area, ...

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Vigloo, a South Korean micro drama production company, has gone all-in on artificial intelligence this year, betting that automation can fundamentally reshape how content is made. The company has begun spending roughly 30 per cent of its budget on AI-driven workflows, and the change is already having a dramatic impact. It can now produce a show in just one month rather than thre...

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