The world’s second AI superpower: model releases, chip restrictions, app battles and policy shifts.
355 articles
Shanghai-based AI chipmaker Iluvatar CoreX is reportedly considering a share sale in Hong Kong to raise at least $800 million. This move follows a significant 428% rally in the company's valuation since its January IPO.
Bloomberg Technology · 73d ago
Tencent HY has recruited OpenAI research scientist Tian Yonglong to head its multimodal model development. He will report directly to chief AI scientist Yao Shunyu as part of a strategic talent acquisition push.
Pandaily · 73d ago
Zhipu AI's cornerstone investors have committed to long-term holding following the lock-up expiration, while reports indicate Apple's foldable device has entered mass production. Additionally, rumors regarding a July 1st mandate for 70% autonomous driving chip localization in new vehicles have been debunked.
钛媒体 · 73d ago
China's semiconductor equipment sector is undergoing a significant stock rally as investors bet on domestic suppliers to fuel the next wave of chip production. The industry now faces a critical earnings season that will determine if the market's high expectations for local toolmakers are justified.
SCMP Technology · 74d ago
Huawei is reportedly integrating a new Kirin chipset based on its proprietary Tao (τ) Law into the upcoming Mate 90 series. This development marks a shift in Huawei's semiconductor design philosophy as it continues to advance its domestic chip capabilities.
TechNode · 75d ago
Shanghai Biren Technology is raising US$892.5 million through a new share issuance to scale production of its AI-focused GPUs. The move aims to capture domestic market share from Nvidia amid ongoing US export restrictions.
SCMP Technology · 75d ago
Major Chinese LLM providers Doubao and Qwen are shifting focus from aggressive price-cutting strategies to sustainable economic models. This signals a cooling of the intense AI model price war that has dominated the market for two years.
钛媒体 · 75d ago
China's government has launched a new NEV rural promotion program featuring 155 models, including high-end vehicles, to drive growth in the county-level market.
虎嗅 · 75d ago
ByteDance’s Doubao and Alibaba’s Qwen have announced the discontinuation of their AI agent creation features effective July 15, 2026. Users will lose the ability to create new agents, and all existing agents will cease to function after this date.
TechNode · 75d ago
Chinese AI chip startup Dongfang Suanxin has emerged from stealth mode, led by industry veteran Wei Shaojun. The company aims to utilize 3D stacking technology to develop high-performance AI computing hardware despite ongoing US export restrictions.
SCMP Technology · 76d ago
ByteDance's Doubao and Alibaba's Qwen have announced the removal of their AI agent features. The changes are scheduled to take effect on July 15.
Pandaily · 77d ago
Beijing-based Zhipu AI and Galaxy General are pursuing parallel development paths toward Artificial General Intelligence. Zhipu focuses on digital intelligence, while Galaxy General specializes in embodied robotics.
Pandaily · 79d ago
China's leading DRAM manufacturer CXMT is planning a 29.5 billion yuan IPO on the Shanghai Star Market. The company is capitalizing on a global memory shortage driven by the surge in AI computing demand.
SCMP Technology · 79d ago
Shanghai has established a dedicated industrial hub in the Xuhui district to foster quantum computing development. The zone has already attracted 26 companies to collaborate on advancing quantum technology and infrastructure.
SCMP Technology · 79d ago
China has released a new strategic road map to accelerate the integration of AI and 5G technologies into its manufacturing sector. The plan, led by the Ministry of Industry and Information Technology, aims to bolster industrial competitiveness through advanced digital infrastructure.
SCMP Technology · 80d ago
Baidu's AI chip subsidiary, Kunlun Chip, is requiring potential IPO investors to commit to purchasing its chips. This strategy aims to secure market demand and demonstrate commercial viability ahead of its public listing.
Pandaily · 81d ago
Shanghai-listed Piotech is acquiring a controlling stake in Wuxi Shangji Semiconductor. This move is part of China's broader strategy to consolidate its semiconductor toolmaking industry to bypass US export restrictions.
SCMP Technology · 82d ago
ChangXin Memory Technologies is reportedly set to supply $3 billion worth of DRAM chips to Tencent. This deal strengthens the domestic supply chain for China's cloud infrastructure.
The Next Web (TNW) · 82d ago
Baidu's AI chip subsidiary, Kunlunxin, is planning a Hong Kong IPO with a target valuation of $50 billion. In a strategic move, the company is reportedly requiring prospective IPO investors to commit to purchasing its semiconductor products.
The Next Web (TNW) · 83d ago
Kuaishou's semiconductor spin-off, TranStreams, has raised Series A+ funding to develop proprietary chips. This move aims to bolster computing infrastructure for AI workloads amidst ongoing US export restrictions.
SCMP Technology · 86d ago
China’s state-backed Big Fund has secured a significant stake in SMIC following a record-breaking acquisition on the Shanghai Star Market. This move strengthens the state's influence over the country's largest wafer foundry as it navigates global semiconductor supply chain challenges.
SCMP Technology · 86d ago
China Telecom awarded a $1.7 billion server contract for 40,000 units. Although Huawei did not bid directly, its ecosystem secured the majority of the deal, highlighting a strategic shift in Chinese infrastructure procurement.
The Next Web (TNW) · 87d ago
China Telecom has awarded a major procurement contract for 40,000 high-performance servers to domestic suppliers, including Huawei. This move highlights the accelerating shift toward domestic hardware as Chinese state firms replace US-made technology.
SCMP Technology · 87d ago
Tsinghua-affiliated companies including Zhipu AI, Shengshu Tech, and Momenta are shifting their strategic focus toward developing world models. This initiative aims to advance capabilities across video generation, robotics, and autonomous driving sectors.
Pandaily · 87d ago
Alibaba Group's chip design unit, T-Head, has increased its registered capital from 300 million to 1 billion yuan. This move signals a strategic push to strengthen domestic semiconductor capabilities amid the global AI hardware boom.
SCMP Technology · 88d ago
Major Chinese internet companies including ByteDance, Tencent, JD Health, and Ant Group are aggressively expanding their investments into AI-powered healthcare solutions. This shift signals a broader industry move to integrate generative AI and machine learning into medical diagnostics and patient services.
Pandaily · 88d ago
The 2026 list of the top 30 domestic AI computing chips highlights a maturing industry with clear tier segmentation. Companies like Zhongcheng Hualong and XiWang are leveraging this growth to accelerate their public listing plans.
Pandaily · 89d ago
Tencent Holdings is testing a new AI assistant integrated directly into its WeChat platform. This move is part of the company's broader strategy to remain competitive in China's rapidly evolving AI landscape.
Bloomberg Technology · 89d ago
China's embodied AI sector saw RMB 46 billion in investment during H1 2026. However, widespread factory deployment remains stalled due to significant data scarcity and technical immaturity.
Pandaily · 90d ago
Chinese AI models are becoming competitive with US counterparts, yet the industry still relies heavily on foreign hardware. While domestic chips are viable for inference, pre-training remains a significant hurdle due to hardware limitations.
SCMP Technology · 94d ago