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…
U.S.-based developers and small startups are increasingly adopting Chinese open AI models like DeepSeek to cut costs, with some reporting coding costs dropping from $10 on Claude to under 50 cents. Fi…
U.S. developers and startups are increasingly turning to Chinese AI models like DeepSeek for cost savings, with some reporting costs as low as 50 cents compared to $10 for similar tasks on U.S. models…
Four days after Washington cut foreign access to Anthropic's top models, Cohere reports a surge in government inquiries, DeepSeek closed a record $7.4 billion funding round, and Chinese AI labs slashe…
The U.S. government's order for Anthropic to block non-U.S. access to its Fable and Mythos models is boosting adoption of open-source alternatives, especially from Chinese AI labs like DeepSeek and Kn…
ByteDance and Tencent have slashed AI model prices, joining a deepening price war in China's AI sector as falling costs and narrowing capability gaps intensify competition. ByteDance's Seedance 2.0 Mi…
Xiaomi open-sourced MiMo Code V0.1.0, a terminal-native AI coding assistant that outperforms Anthropic's Claude Code on long-horizon tasks with over 200 steps, according to internal benchmarks. The to…
Xiaomi released MiMo Code, an open-source AI coding agent that forks OpenCode and adds persistent cross-session memory, three days ago. The tool, which installs in one command and is available under a…
Three Chinese AI labs—Moonshot AI, Xiaomi, and DeepSeek—released open-source coding tools this spring: Kimi K2.7 Code, MiMo Code, and DeepSeek V4 Pro. Kimi K2.7 Code is a coding-optimized API model, M…
Patsnap, an AI-powered intellectual property analytics firm backed by SoftBank, Tencent, and Sequoia Capital, has filed confidentially for a dual IPO in Hong Kong and Singapore that could raise up to …
Luo Fuli, head of Xiaomi's MiMo large model team, told the Beijing Academy of Artificial Intelligence Conference on June 12 that Anthropic's Claude Fable 5 should be seen as an interim-stage product, …
Xiaomi released an open-source terminal-native coding agent called MiMo Code on June 10, 2026, under an MIT license. The company claims MiMo Code outperforms Anthropic's Claude Code on long-horizon wo…
Xiaomi's MiMo team open-sourced MiMo Code, a terminal-based coding agent designed for long-horizon automated programming tasks. The agent addresses challenges in decision quality and state continuity …
Xiaomi's MiMo-V2.5-Pro-UltraSpeed, a 1.02-trillion-parameter MoE model, achieved 1,000 tokens per second inference on standard cloud GPUs using FP4 quantization, DFlash speculative decoding, and TileR…
Chinese AI companies DeepSeek, Kimi, and Zhipu are undercutting OpenAI and Anthropic on AI workload pricing by up to 9x, with Zhipu’s GLM model costing $544 per workload compared to Anthropic’s Claude…
Xiaomi has expanded its AI portfolio across language, reasoning, code, and voice technologies, entering the open-source LLM race in April 2025 with the 7 billion-parameter MiMo model. The company's Mi…
Anthropic's Claude Fable 5 autonomously debugged a CSS bug across multiple browsers in a 15-step investigation, highlighting the rapid maturation of AI coding agents. OpenAI acquired Ona (formerly Git…
Xiaomi released MiMo Code V0.1, an open-source AI coding agent, on June 11 under an MIT license, achieving an 86.7% score on Terminal-Bench 2.0 compared to Claude Code's 65.4% on tasks exceeding 200 s…
Amazon Bedrock now offers general availability of OpenAI's GPT-5.5, GPT-5.4, and Codex models, providing developers with managed cloud access to frontier AI capabilities. Xiaomi released MiMo Code, an…
On May 27, Xiaomi announced permanent price cuts of up to 99% for its MiMo-V2.5 API lineup, dropping cached input tokens from 2.80 yuan to 0.025 yuan per million tokens, following DeepSeek's similar 7…