Ant Group's quarterly profit plunged 91% year-over-year to approximately 1.2 billion yuan ($57 million) for the quarter ending September 30, as the Alibaba-affiliated fintech giant ramps up spending o…
Chinese AI companies cannot die because their government protects them, allowing them to survive a price war by winning the API battle while frontier AI firms like OpenAI and Anthropic face diminishin…
Chinese tech firms including StepFun, Nubia, and Honor showcased AI agent-powered smartphones at the World Artificial Intelligence Conference in Shanghai, pitching them as the future of mobile devices…
StepFun, a Shanghai startup backed by Tencent, unveiled the StepX Neo on July 13, calling it the world's first mass-market agentic smartphone that runs on a custom operating system, Step AOS, and feat…
Tencent-backed Chinese startup StepFun on Monday unveiled the StepX Neo, which it claims is the world's first AI-native smartphone, at a launch event in Shanghai. The device runs on Step AOS, an opera…
Alipay has embedded its conversational AI assistant Xiaoyu into 30 million Tap devices, enabling merchants to use voice commands for business analytics, inventory tracking, membership management, and …
Alipay launched an invite-only AI Open Platform, allowing merchants to convert their mini-programs into AI-callable tools via its conversational interface Abao. The move signals a strategic shift from…
Sui Network has partnered with ChainTrust to integrate AI-driven anti-money laundering (AML) compliance tools, enabling real-time transaction screening and risk intelligence on its Layer 1 blockchain.…
Ant Group has overhauled Alipay into an AI-native platform featuring an autonomous agent named Ah Bao, allowing users to access over 10,000 services via conversational interface. The move intensifies …
Ant Group is testing an overhaul of its Alipay super app that introduces an AI agent interface, allowing users to book rides, order coffee, or manage finances via voice or text commands. The move esca…
Ant Group is testing an AI agent interface for Alipay, launching AI Wallet and Token Pay to compete with Tencent's WeChat. Alipay AI Pay surpassed 100 million active users by February 2026, processing…
A developer built MobileGym, a fully browser-based Android-like operating system implemented in TypeScript and React, after burning through tens of billions of tokens. The simulation environment inclu…
Alipay and its parent Ant Group launched a full-stack AI payments infrastructure on May 26, 2026, introducing an AI Wallet for consumers and Token Pay for businesses to facilitate transactions in an a…