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Night Recap - April 1, 2026
2 hours ago
Six senior counsel appointed
31-03-2026 13:54 HKT
Approval granted for Kai Tak’s six-stop Smart & Green Mass Transit System
31-03-2026 16:27 HKT
Chinese artificial intelligence rising star DeepSeek has become the world's fastest-growing AI tool, surpassing OpenAI's ChatGPT in monthly new website visits.
The Chinese startup's market share has surged to 6.58 percent from 2.34 percent, ranking just behind after ChatGPT (43.16 percent) and Australian graphic design platform Canva (8.27 percent).
DeepSeek shook the global AI industry after launching an AI model in January that it said was trained with less advanced chips and was cheaper to develop than its Western rivals.
Meanwhile, China's robot rental market is booming, with daily rent for Unitree Robotics' robotic dogs ranging from 1,500 yuan (HK$1,606) to 2,800 yuan and its humanoid robots fetching up to 14,000 yuan.Unitree launched its humanoid robot G1 last month with a starting price of 99,000 yuan, while its robotic dogs are priced between 9,997 yuan and 21,999 yuan.
In more AI news, China's Zhipu AI unveiled a free AI agent called AutoGLM Rumination, that can perform deep research, web searches, travel planning, and research report writing.Separately, China's manufacturing activity expanded at the fastest pace in a year in March, an official factory survey showed yesterday, in a positive sign for the world's second-largest economy as it deals with an escalating US trade war.
The official purchasing managers' index was 50.5 in March versus 50.2 in February, above the 50-mark separating growth from contraction. It was the highest PMI reading since March 2024.The non-manufacturing PMI, which includes services and construction, accelerated to 50.8 from 50.4.