Gate News message, April 24 — Zhang Chi, a former engineer at ByteDance's Seed team and current assistant professor at Peking University, revealed on the podcast "Into Asia" that ByteDance requires approximately six months to complete one full cycle of large language model training (pretraining

Gate News message, April 23 — Chinese autonomous delivery truck operator Zelos Technology is planning a Hong Kong IPO expected to raise approximately $600 million, according to Bloomberg. The company is in talks with banks; the size and timing of the offering could still change. Founded in 2021, Zelos operates more than 25,000 autonomous vehicles across China and has expanded into Singapore, the United Arab Emirates, and other parts of Southeast Asia and the Middle East. Alibaba's logistics unit Cainiao became a shareholder earlier this year and integrated its unmanned vehicle unit into Zelos through a cash and asset injection in early 2026, expanding the fleet from 2,000 vehicles in 2024 to more than 20,000. Zelos now operates under two brands: its own name for technology products and the licensed "Cainiao Autonomous Vehicle" brand for certain logistics and enterprise customers. The company claims it can reduce last-mile delivery costs by approximately 50% and expects to break even, including R&D expenses, once its fleet reaches about 50,000 vehicles. Management says it expects to deliver more than 1,000 vehicles overseas by the end of 2025.

Gate News message, April 23 — Airwallex, a financial and payments technology company, plans to launch operations in Indonesia and Vietnam this year after acquiring licensed entities in both markets. The company will operate under its own brand and is building local teams, including business

Gate News message, April 22 — Alibaba Cloud retained its position as the largest infrastructure-as-a-service (IaaS) provider in Asia Pacific in 2025, with market share rising to 22.5% from 20.8% in 2024, according to Gartner. Globally, Alibaba Cloud ranked fourth among IaaS providers with 7.7% marke

Gate will host the Institutional Circle in Hong Kong to discuss AI-driven changes in crypto liquidity and market structure, with Addis Hu opening and speakers Ethan Hui and Chen Zhao, plus network sessions and a gala. Gate announces the Institutional Circle: AI Reshaping Crypto Liquidity & Market Access in Hong Kong, gathering Asia-Pacific institutional participants to discuss how AI is reshaping crypto liquidity and market structure. Opening remarks by Addis Hu; featured speakers Ethan Hui and Chen Zhao; event includes networking, practical industry discussions, and a gala dinner.

Institutional-scale stablecoins require a mature compliance and risk-management settlement layer; banks must trust blockchain to handle legal custody and compliance, with OSL pursuing licensed, AI-enhanced control layers for efficient settlement. Abstract: Eugene Cheung at Money 20/20 Asia argues that scaling stablecoin payments to institutional levels hinges on a licensed, AI-enhanced control layer and a mature compliance and risk-management settlement layer to ensure effective handling of legal, custody, and settlement risks. This underpins OSL’s strategy for institution-grade infrastructure and aims to build an operationally robust system that can meet complex regulatory requirements.

Singapore's Monetary Authority has advised banks to strengthen cybersecurity measures due to concerns over Anthropic's Mythos AI model, which could pose security vulnerabilities in the Asia-Pacific region.

Vitalik Buterin and Aya Miyaguchi will speak at the Hong Kong Ethereum Community Hub opening on April 21. The hub, Asia's first Ethereum-backed space, aims to connect Eastern and Western ecosystems with discussions on key topics like zero-knowledge proofs and AI.

Tobu Top Tours has partnered with SBI Ripple Asia to launch a prepaid token payment platform on the XRP Ledger, gaining regulatory approval in Japan. Set for rollout later this year, it allows users to convert yen into blockchain tokens for various tourism services. SBI Ripple Asia also announced research to enhance Japan-South Korea cross-border payments using the XRP Ledger.

Southeast Asia's energy transition companies raised $1.8 billion across 258 firms, predominantly for solar and electric vehicles, with minimal funding for energy storage and efficiency. Singapore led funding, highlighting investor preference for established segments over critical infrastructure needs.