Moonshot AI Gets Another Investment
Zhongbo Juli is increasing its investment in Moonshot AI once again. The move underscores the continuing competition around AGI, computing limits, and engineering execution.
Search
10 results on this page
AiMOGA Robotics Starts IPO Preparations
Chery’s AiMOGA Robotics has begun preparing for a potential standalone IPO and is discussing possible listing venues. The company has not selected an exchange or announced a timetable, but says the listing could fund technology investment and overseas expansion.
Kling AI Revenue Surges Past RMB850 Million
Kuaishou’s Kling AI video-generation business generated more than RMB850 million in second-quarter revenue. Revenue rose over 200% year on year and 30% quarter on quarter, reaching RMB1.5 billion in the first half of the year.
Nyx Opens Public Access for AI Red Teaming
Fabraix has opened public access to Nyx, an AI security red team agent for continuous testing of customer-facing AI systems. Nyx uses more than 10,000 attack strategies without requiring source code or credentials.
Tesla Robotaxi Crashes Through Barriers
A driverless Tesla Robotaxi in Austin repeatedly stopped near plastic barriers before ultimately crashing through them and continuing to drive. The incident has renewed scrutiny of Tesla’s path planning and decision-making after an executive described the service’s safety record as “impeccable.”
⚙️
AI Compute Deals Collapse After Stock Surge
Several Chinese listed companies that announced large AI compute service agreements are now facing cancellations, weak execution, and regulatory scrutiny. The article explains why framework agreements often fail to become real revenue, highlighting customer verification, GPU delivery, payment terms, and termination clauses.
Kingsoft Cloud Revenue Hits Record High
Kingsoft Cloud reported second-quarter FY2026 revenue of 3.072 billion yuan, up 30.8% year over year and above market expectations. AI-related customers drove growth, while the company recorded its first GAAP operating profit and continued investing heavily in AI computing capacity.
China Leads Global AI Patent Applications
China continues to lead global patent applications, with AI and other core technology areas highlighted as key strengths. Global patent filings reached 3.72 million in 2024, more than double the 1.7 million recorded in 2005, while Japan’s share declined from 25% to 8%.
Youdao Q2 Revenue Hits RMB1.47B
NetEase Youdao reported Q2 2026 net revenue of RMB1.47 billion on August 20. The company said its AI-native strategy is accelerating the realization of commercial value.
Autodesk Connects Design Data for AI
Autodesk presented its vision for design and manufacturing digital transformation at Design & Make Summit Japan 2026. The keynote emphasized connected data foundations and changes to design and manufacturing workflows in the AI era.