DeepSeek raised $7.4 billion in its first external funding round, valuing it above $50 billion, but the deal structure gives China's National Artificial Intelligence Industry Investment Fund direct eq…
DeepSeek raised $7.4 billion in Series A funding led by Tencent, with CATL as a major investor, signaling a shift in Chinese AI funding toward non-ecosystem players as Alibaba and ByteDance sat out. T…
Alibaba's Qwen team released Qwen3-30B-A3B, a Mixture-of-Experts model with 30.5 billion total parameters but only 3.3 billion active per token, enabling it to run on a single 24 GB graphics card at s…
Chinese AI developers are slashing compute costs by up to 97% through architectural innovations like sparse MoE and FP8 training, reshaping global AI pricing under US export controls. DeepSeek trained…
ByteByteGo's newsletter highlights 12 open-source LLMs worth knowing in 2026, including Llama 4 Scout, DeepSeek V4, Qwen3, Gemma 4, Phi 4, Mistral Small 3.1, Nemotron 3 Super, GLM 5.1, Kimi K2.6, Star…
Alibaba's Tongyi Lab released Zvec 0.5.0, an open-source in-process vector database under Apache 2.0, designed to bring SQLite-like simplicity to edge AI and RAG applications. The update introduces Di…
AIWave has launched a platform that provides a single API endpoint to access over 50 Chinese AI models from eight providers, including DeepSeek, Zhipu, and Alibaba, without requiring code changes. The…
Five Chinese AI labs—ByteDance, Tencent, MiniMax, Alibaba, and Xiaomi—cut token prices by 50% to 99% within the same competitive window, driven by narrowing capability differences between major AI mod…
Alibaba unveiled its first suite of AI models for robots, the Qwen Robot Suite, on June 16, 2026, developed by Tongyi Lab. The suite includes three models for navigation, world modeling, and manipulat…
Liquid AI released two new retrieval models, LFM2.5-Embedding-350M and LFM2.5-ColBERT-350M, for fast multilingual search across 11 languages. The models, available on Hugging Face, are designed as dro…
SpaceX's June 12 IPO left a record $16.7 billion on the table, nearly triple the previous record, as shares rose 19% on the first day. The foregone capital could have funded the company's AI growth en…
Alibaba's Qwen3-80B and Qwen3-4B models were successfully co-located on a single NVIDIA DGX Spark using vLLM containers behind a LiteLLM proxy, but the 80B model's inability to emit tool calls in auto…
NVIDIA released Qwen3.6-35B-A3B-NVFP4, a post-training FP4-quantized variant of Alibaba's 35B MoE model that fits on a single H100 by reducing VRAM from ~71 GB to ~23 GB. The quantization targets weig…
China's 618 shopping festival showcases extensive AI integration by e-commerce platforms like Alibaba, but consumer adoption remains cautious, with shoppers embracing AI for price comparisons while re…
Chinese AI startup DeepSeek is raising $7.4 billion in its first external funding round, instructing investors not to poach its employees as it issues equity to retain its 150-person team. The round v…
AI-generated code is creating a new form of technical debt called cognitive debt, where developers lose understanding of how and why code was written, according to a former hardware engineer. Google a…
ByteDance's Doubao, China's most popular AI chatbot with 345 million monthly active users, is introducing subscription plans from 688 to 5,088 yuan annually, sparking user backlash and debate over mon…
China is building a platform to debut new AI consumer products as part of its 'AI Plus' initiative, with over 70 domestic companies developing AI wearables like smart glasses. The initiative aims to e…
China's 618 shopping festival in 2026 hit a record 855.6 billion yuan in GMV, but weak consumer demand persisted as platforms stretched promotional windows. AI integration became central, with Alibaba…
Global investors are increasingly splitting Chinese tech stocks into AI winners and losers, with a pair trade strategy going long on Alibaba and short on Meituan returning around 130% year-to-date. Th…