Chinese AI startup PsiBot, also known as Lingchu Intelligence, is raising close to US$100 million at a US$1.48 billion valuation, making it one of the few unicorns in embodied AI and world models. The…
Global capital expenditure on data center infrastructure is projected to hit $3 trillion by 2028, with hyperscalers including Google, Meta, Amazon, Microsoft, Alibaba, Oracle, IBM, and Tencent plannin…
China's Moonshot AI is raising money at a pace that would make most startups dizzy, closing a round that values it at $31.5 billion in the coming days and planning another targeting a valuation of as …
Nvidia CEO Jensen Huang defended Chinese open-source AI models as 'world class' at the China International Supply Chain Expo, arguing US companies should be allowed to use them despite a selloff trigg…
China's first regulations on AI companion services took effect July 15, banning platforms from offering virtual partners or relatives to minors. The rules, jointly issued by the Cyberspace Administrat…
Chinese companies are expanding their AI talent pipeline to high school students, driven by a severe shortage of elite engineers and growing competition. Tencent launched camps for students aged 13 to…
Anthropic dropped plans to charge extra for Claude Fable 5 on July 20, making the model free for Max and Team Premium subscribers within their usage limits, three days after Chinese lab Moonshot AI re…
Moonshot's Kimi K3, a 2.8 trillion parameter open-weight model with weights promised for July 27, leads the July 2026 AI Model Radar, which also includes Thinking Machines Inkling (975B), Tencent Hy3 …
China banned customizable AI companion apps on July 15, 2026, under regulations jointly issued by five government departments including the Cyberspace Administration of China, forcing ByteDance, Aliba…
Moonshot AI, the Beijing-based startup behind the Kimi chatbot, paused new subscriptions to its Kimi K3 model over the weekend of July 18-19 after daily sales surged at least sixfold following the mod…
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…
Artificial intelligence tools are shrinking video game development teams, enabling solo developers like Emirhan Gül to build games with just two employees, a fraction of the nearly dozen workers in hi…
China has begun enforcing new regulations banning technology companies from offering AI or virtual partners to minors, part of a wider clampdown on chatbot relationships that has cut millions of users…
Moonshot AI, the Beijing-based company behind the Kimi chatbot, is moving toward a Hong Kong IPO after releasing its Kimi K3 model, a 2.8 trillion parameter open-weight system that led the Frontend Co…
China's Interim Measures for the Administration of AI Anthropomorphic Interactive Services took effect July 15, 2026, forcing ByteDance, Alibaba and Tencent to remove personalized companion agents fro…
Moonshot AI, the Beijing-based developer of the Kimi series of AI models, is targeting an IPO filing in Hong Kong in the second half of 2026 after its valuation surged from $4 billion to between $20 b…
New regulations in China this week ban tech companies from offering AI or virtual partners for minors and require platforms to limit excessive use and forbid chatbots from encouraging emotional relian…
Chinese AI startup Moonshot has launched Kimi K3, a 2.8-trillion-parameter open-weight model it claims is the world's largest, with performance approaching top US models. The launch comes amid intensi…
Moonshot AI founder Yang Zhilin, 34, unveiled the Kimi K3 model on July 16, which topped the Arena Frontend Code Arena with a score of 1,679 and ranks first in six of seven frontend domains, while cha…
Yang Zhilin, the 34-year-old founder and CEO of Chinese AI company Moonshot AI, has captured global attention with the release of the open-weight Kimi K3 model, which rivals leading American models in…