On Terminal-Bench 4.0, the benchmark co-hosted by Stanford, Harbor, and the Laude Institute for multi-step software tasks, the best Chinese entry is Zhipu's GLM-5.3 at 41.8% as of September 19, while …
Huawei supervisory board chairman Guo Ping told new employees at a September 10 internal forum that the company's goal in ICT and computing is "to be Nvidia," supporting any large model on its Ascend,…
China's Foreign Ministry on September 14 rejected Anthropic CEO Dario Amodei's September 12 "We Must Pace the Frontier" proposal as "spreading threat narratives and engaging in confrontation and malic…
Local government investment companies in at least 10 Chinese cities, including Guangzhou's Huangpu district, are selling AI inference tokens through state-owned platforms, mirroring the land-finance m…
Alibaba Group Holding Ltd. reported a 75% drop in net income for the quarter ended June 30, 2026, and announced a HK$80bn ($10.2bn) share placement in Hong Kong to fund AI investment, the largest prim…
Baidu's market capitalization fell to roughly $31 billion after its shares dropped 12.73% to $90.87 on August 18, following second-quarter results that showed a 68% net income decline to Rmb 2.3 billi…
China's embodied AI companies raised about Rmb 43.8bn ($6.4bn) in 2026 through June 12, according to a media tally by QbitAI, but the sector's spending record is mostly rumor, with only three mandator…
Hugging Face's mid-year report on open models shows that among the 25 most-downloaded and 25 most-liked models on its platform, only one repository appears on both lists, highlighting a disconnect bet…
Tencent Holdings Ltd. reported second-quarter 2026 results on August 12, with IFRS net profit of Rmb 56.0 billion missing the Reuters consensus of Rmb 61.8 billion, and the stock fell 4.46% in Hong Ko…
Chinese AI founders are packaging American identity as a product, with Genspark's parent MainFunc curating its founders' bios to emphasize Microsoft and Google experience while omitting their Baidu te…
Alibaba launched QwenWork to public beta on August 3, combining QoderWork, MuleRun, and Wukong into a single AI agent product for office software, alongside the Qwen3.8 model. The launch completed a t…
Alibaba Group Holding Ltd. holds a 36% preferred equity stake in Moonshot AI, which paused new consumer subscriptions for its Kimi K3 model after demand hit compute limits, while Alibaba simultaneousl…
DeepSeek founder Liang Wenfeng told investors in a July 2026 meeting that the gap between his company and US rivals is fundamentally a compute gap, attributing differences in talent, model capability,…
At WAIC 2026, nearly every major Chinese AI hardware vendor showcased a supernode design, a sharp contrast to the previous year when Huawei stood alone. The shift follows the publication of the first …
Moonshot AI, the Beijing startup behind the Kimi chatbot, is preparing for a Hong Kong listing that could come within six months, with a final pre-IPO round planned for August at a pre-money valuation…
At the World Artificial Intelligence Conference in Shanghai on July 17, Nubia, StepFun, and Honor each unveiled what they called the world's first AI agent smartphone, highlighting a fragmented market…
Kuaishou Technology filed a notice on the Hong Kong Stock Exchange on July 2, revealing that its AI video generation unit Kling secured approximately $2.8 billion in investor commitments, expandable t…
In early July 2026, Chinese AI chip companies Biren Technology and Iluvatar CoreX returned to capital markets, raising $900 million and $902 million respectively through share placements, while AI mod…
Chinese startup Dongfang Suanxin (DFSX) unveiled its first AI accelerator, the DF1000, built on 14nm process technology through a domestic supply chain, claiming 520 TFLOPS at BF16 and performance app…
Beijing and Washington are independently considering controls on AI model access, each shaped by the other side's capabilities. Reuters reported that Chinese authorities, led by the Ministry of Commer…