ASEAN Film Festival 2025 brings Southeast Asian Flair to Hong Kong screens
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RTHK
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South China Morning Post
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Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as the industry embraced 'disruptive innovations' towards generative and agentic AI, according to consultancy IDC. The mainland AI public cloud market reached 19.6 billion yuan (US$2.7 billion) in 2024, increasing 55 per cent on the back of surging demand for AI training and applications, IDC said on Monday. The top two market players each accounted for roughly 25 per cent of the market, followed by Tencent Holdings and Huawei Technologies, according to a chart that did not provide exact share numbers. Alibaba owns the Post. 'Disruptive innovations' in AI drove the surge in the market, IDC said. Before 2022, demand for AI cloud services came from 'traditional' applications, including optical character recognition, quality inspection and surveillance. Starting in 2023, large language models – the technology underpinning ChatGPT-like chatbots – began to dominate the market. AI services were now evolving into agentic forms in the second half of this year, marking a new era of autonomous, task-oriented AI interactions, the report said. These shifts have prompted growing demand for AI cloud services, which can provide both generative-AI applications and training resources for clients to build their own AI services. Among five segments within AI cloud services, the biggest was computer vision, which rose 34 per cent to 8.1 billion yuan last year, led by Tencent and Baidu, IDC data showed.
South China Morning Post
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Marks and Spencer to close Mong Kok branch in Hong Kong after 10 years
Marks and Spencer's Mong Kok branch in Hong Kong will close by the end of the month, after close to 10 years in operation. In a social media post on Monday, the lifestyle and clothing brand announced that its Langham Place store will close on August 24. 'Thank you for your support!' the post said, adding that there would be a 12 per cent discount on food and drink products throughout its final week, starting August 18. Marks and Spencer has a total of 21 locations in Hong Kong, excluding the Mong Kok store, 11 of which are premium grocery store 'food' outlets. The Langham Place branch originally opened in November 2015. Meanwhile, the brand's Foodhall in Central Tower recently completed renovations.
