Who Owns China’s Token Factories?
China Telecom's Ningxia unit launched bidding on a five-year framework for 'Token generation capacity services' with an estimated ceiling of Rmb 17.4bn, while Digital China submitted a Rmb 717m bid fo…
China Telecom's Ningxia unit launched bidding on a five-year framework for 'Token generation capacity services' with an estimated ceiling of Rmb 17.4bn, while Digital China submitted a Rmb 717m bid fo…
Between late June and early July 2026, ByteDance, Alibaba, and Tencent removed AI companion features from their flagship consumer apps within two weeks, affecting over 8 million user-created agents on…
Tencent Holdings released Hy3, its first full model under Chief AI Scientist Yao Shunyu, on July 6, activating 21 billion of 295 billion parameters per call and cutting hallucination rates from 12.5% …
Anthropic suspended access to its Fable 5 and Mythos 5 models on June 12 after the US government applied export controls, and Alibaba banned all Anthropic products effective July 10, designating its o…
China's National Data Administration reported that daily token consumption in China reached 140 trillion in March 2026, up from 100 billion two years earlier, a thousand-fold increase, with director L…
SiliconFlow, China's largest independent token supply platform, filed for a Hong Kong listing under Chapter 18C on June 30, 2026, revealing that it processed 578.5 billion tokens per day as of April 2…