PaXini, an embodied-AI startup, has completed a RMB1 billion strategic funding round, bringing its cumulative fundraising to RMB3.5 billion, the company announced on Aug. 3. The round was co-led by an…
Shanghai-based AI-chip startup Fangqing Technology has reportedly completed an A1 financing round at a valuation above RMB10 billion, according to a report published on Aug. 4 by 21st Century Business…
Alibaba launched its next-generation foundation model Qwen3.8 on Monday, featuring 2.4 trillion parameters and improvements in coding and professional workplace tasks. The Qwen3.8 API is now available…
DeepSeek-V4-Flash entered public beta, with China's National Supercomputing Internet offering API access and model downloads on day one. Developers can use the API through the platform's Model Service…
A person familiar with the matter said a report claiming Moonshot AI could submit a Hong Kong IPO application as early as this month is untrue, according to National Business Daily. The source-level r…
Giant Network reported that its game Supernatural Action Team surpassed 200 million registered users and 10 million daily active users by the end of Q1 2026, and introduced an AI large language model …
Alibaba launched Qwen3.8, a foundation model with 2.4 trillion total parameters, focused on coding and professional office tasks, with its API now available on Alibaba's Qwen AI platform. The model is…
Shanghai added 11 generative AI services to its completed registration list on Aug. 3, bringing the city's cumulative total to 211, according to the Shanghai cyberspace authority. The update marks a r…
ChinaJoy 2026 opened today at the Shanghai New International Expo Centre, with BYD showcasing a Denza Z9 GT itasha themed after the anime Future GPX Cyber Formula and a League of Legends Ekko-themed v…
Tesla China has begun rolling out software version 2026.14.13 that integrates ByteDance's Doubao large language model into the Model 3, Model Y, Model S and Model X, delivering voice-based interaction…
Xiaomi has opened pre-orders for the N90 Max extended-range SUV at RMB299,900, with formal release scheduled for September. The vehicle integrates Xiaomi's HAD assisted-driving system and XLA cognitiv…
DeepSeek has launched the public beta of its V4-Flash API, featuring upgrades for agent tasks, scoring 82.7 on Terminal Bench 2.1 and 54.4 on DeepSWE. The update adds Responses API support and Codex a…
ByteDance released Seedance 2.5, its latest video-generation model, which can generate a 30-second high-quality video clip in a single run and supports multi-turn extension for longer sequences. The m…
China's securities regulator approved Unitree Robotics' registration application on July 1, moving the Hangzhou-based quadruped and humanoid robot maker closer to an IPO on Shanghai's STAR Market. The…
Moonshot AI's Kimi K3 is now available through Fireworks AI on Microsoft's Foundry platform, giving Azure customers a managed route to run the model via OpenAI-compatible APIs. Fireworks lists Kimi am…
Zhongji Innolight raised HK$53.41 billion ($6.81 billion) in its Hong Kong H-share IPO, pricing shares at HK$980 each, with trading set to begin July 30. The retail tranche was 9.17 times oversubscrib…
Coolpad plans to expand into AI infrastructure in 2026, covering AI computing devices, intelligent storage systems and integrated solutions, according to a Hong Kong Stock Exchange filing. The company…
Moonshot AI has closed a $3.5 billion funding round at a $35 billion valuation, according to Bloomberg. The Beijing-based company's annual recurring revenue rose from $100 million in March to $300 mil…
ByteDance restructured its AI business by merging the Feishu product team with the Doubao product team to form a new Doubao product organization, while Feishu's GTM team will integrate with Volcano En…
Samsung Electronics is reportedly considering using cost-competitive Chinese-made DRAM chips to strengthen its position in China's entry- and mid-level smartphone market, according to South Korean med…