The world’s second AI superpower: model releases, chip restrictions, app battles and policy shifts.
355 articles
ICBC Capital and Chengdu Jiaozi Industry Fund have established a new 2 billion RMB equity investment fund in Chengdu. The fund focuses on private equity, investment management, and asset management for future-oriented industries.
36氪 · 81d ago
Baidu is positioning itself as a full-stack AI leader by integrating its proprietary chips, Ernie model, and autonomous driving business. The company is actively leveraging AI to optimize its internal organizational structure to attract top-tier young talent.
Bloomberg Technology · 82d ago
Chinese avionics startup Yunji Avionics has successfully closed Pre-A and Pre-A+ funding rounds. The company raised tens of millions of yuan to accelerate its development in the avionics sector.
Pandaily · 86d ago
Xiaohongshu, often referred to as China's Instagram, is moving toward an IPO. This move signals shifting confidence in the Chinese tech sector's growth and monetization strategies.
Bloomberg Technology · 88d ago
Chinese investors are planning a $2 billion buyback of Manus equity, signaling a potential shift in the company's capital structure and a clearer path toward a Hong Kong IPO. This move follows a period of uncertainty regarding the company's strategic direction.
钛媒体 · 92d ago
Chinese regulators are moving away from the aggressive 2021 tech crackdown toward a more neutral and predictable enforcement approach. While high-profile investigations continue, officials aim to balance market oversight with corporate stability.
SCMP Technology · 99d ago
Alibaba Group has launched a $1.5 billion bid to acquire the Chinese grocery delivery startup Pupu. This move is part of a strategic effort to challenge Meituan's dominance in the local online commerce market.
Bloomberg Technology · 100d ago
Industry experts note that China is outpacing the US in deploying AI applications for everyday users. However, analysts warn that many Chinese AI firms are currently overvalued despite trailing in raw computing power.
SCMP Technology · 100d ago
Five months after their Hong Kong stock exchange debuts, Zhipu AI has significantly outperformed MiniMax in market valuation. The shift highlights the volatile nature of the Chinese AI sector and changing investor sentiment toward these major developers.
SCMP Technology · 103d ago
China is intensifying policy support to foster startups and unicorn companies in key technological sectors. This initiative aims to accelerate the nation's goal of achieving technological self-reliance.
Bloomberg Technology · 106d ago
Shanghai government approved the '15th Five-Year Plan' to advance new industrialization. The strategy focuses on upgrading traditional sectors while aggressively laying out future-oriented industries.
36氪 · 110d ago
Suzhou's industrial sector shows strong growth, with high-tech manufacturing leading the charge. Key sectors like aerospace, electronics, and lithium batteries saw significant production increases.
36氪 · 112d ago
The global surge in AI investment is driving a new wave of Chinese exports. This economic shift is allowing Beijing to adopt a more relaxed stance toward a stronger yuan.
Bloomberg Technology · 115d ago
China's SAMR has penalized Luxshare Precision and Wingtech Technology for procedural violations during a collapsed asset sale. This reflects Beijing's increasingly strict stance on merger enforcement.
The Next Web (TNW) · 115d ago
UBS projects that Chinese non-financial firms will derive 25% of their revenue from overseas markets by 2030. This growth is driven by increased technological competitiveness, particularly in the power and electric vehicle sectors.
SCMP Technology · 116d ago
Honor officially clarified that its IPO process has not been terminated despite delays in the listing schedule. The company has opened an exit channel for employees, offering dividend compensation for those choosing to withdraw shares.
IT之家 · 120d ago
Liu Wei, the former head of Tencent's Hunyuan team, has departed the company after eight years. His exit highlights the ongoing challenges Chinese tech giants face in keeping pace with global LLM development.
SCMP Technology · 121d ago
Baidu has officially established a Model Committee (BMC) to oversee its AI model strategy and governance. This move signals a strategic shift in how the company manages its large-scale AI research and deployment.
Ifanr (爱范儿) · 127d ago
Douyin Mall has officially launched its 618 shopping festival, offering 10 billion in consumer subsidies and massive traffic support for merchants. The initiative includes commission-free product cards and enhanced logistics to boost merchant performance.
36氪 · 127d ago
Tencent reported a 9% revenue increase and a 21% surge in net profit for Q1 2026. President Liu Chiping emphasized the company's stability and differentiation from Silicon Valley's layoff trends.
TechNode · 128d ago
Alibaba Group reported sales below expectations despite heavy AI investments. The results raise doubts about turning AI spending into significant revenue growth.
Bloomberg Technology · 129d ago
At the shareholder meeting, Tencent President Liu Chiping addressed layoff concerns. He confirmed no plans for major layoffs.
36氪 · 129d ago
Tencent has faced two consecutive stumbles in performance. Executive Yao Shunyu is now steadying CEO Ma Huateng amid challenges.
钛媒体 · 129d ago
Chinese tech workers self-fund AI tools like Cursor ($16/mo limited tokens) and Midjourney amid company mandates for AI use in KPIs, without reimbursement. Devs spend up to 2000 RMB/mo for coding/design efficiency; designers bypass bans via personal devices.
虎嗅 · 131d ago
China's public R&D spending may exceed the US by 2028, becoming the top global funder. R&D intensity reached 2.80% of GDP in 2025, surpassing OECD average.
虎嗅 · 131d ago
Chinese AI firm Taichu Yuanqi showcased its Lobster All-in-One machine at the Beijing Science and Technology Expo. The integrated hardware solution highlights advancements in compact AI computing.
量子位 · 133d ago
Chinese programmers face layoffs, burnout, and anxiety as AI accelerates job displacement in coding. High salaries drew them in during mobile internet boom, but long hours and industry slowdowns prevail.
虎嗅 · 141d ago
Cambricon's stock hit a 20cm daily limit up in the afternoon session. The price approached 1700 yuan with trading volume exceeding 250 billion yuan.
36氪 · 142d ago
China's NDRC has issued a prohibition on Meta's multi-billion acquisition of Manus after security review. The decision requires canceling the transaction due to crossing regulatory red lines.
cnBeta (Full RSS) · 145d ago
China's NDRC issued a formal order to cancel Meta's $2 billion acquisition of Manus four months after announcement. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China since March.
The Next Web (TNW) · 145d ago