Tencent Hunyuan released and open-sourced Hy4 preview on Aug. 28, a large language model with 770 billion total parameters, 49 billion activated parameters, and a context window exceeding 1 million to…
Manycore Tech, a Chinese spatial-intelligence company, launched Lux3D on Aug. 27, a tool that generates 3D assets from text or images, with Turbo Mode producing models in as little as 20 seconds, and …
China's daily AI token call volume exceeded 500 trillion as of June 2026, according to industry reports, as large-model applications expand across sectors. Model update cycles have shortened from roug…
Zhipu released GLM-5.3-Flash and its model weights, confirming that the model previously tested anonymously as Ox Alpha belongs to its GLM series. The model has 320 billion total parameters and 18 bil…
Tencent's WeChat Vision team has open-sourced WeMM-Embedding, a family of multimodal embedding models for representing and matching text, images, videos and other content types, with 2B, 4B and 9B ver…
Galbot, a Chinese embodied AI robotics company, has raised RMB 2.5 billion ($370 million) in a 2026 financing round, bringing its total funding to over RMB 4.8 billion and its valuation to more than R…
Enflame Technology, a Chinese AI chip developer, will open subscriptions for its Shanghai STAR Market IPO on Sept. 2, issuing 43.04 million new shares (10% of post-issue capital) to raise RMB6 billion…
A Tesla China insider told reporters on Aug. 26 that reports of the Shanghai data center being emptied and its team withdrawn are untrue, as Tesla continues data compliance and local adaptation work f…
LYNOOK Technology, founded in Shenzhen in 2026, is launching a desktop companion product that combines hardware with an 'AI character small world' to extend the lifecycle of AI companions beyond the i…
Xiaomi founder Lei Jun revealed that the company's Xring O3 chip contains a hidden 60-micron 'OK' hand gesture etched into the silicon, symbolizing 'everything is OK.' The Xring O3, unveiled on Aug. 2…
ByteDance launched Doubao Work, a productivity-focused AI agent integrated with Feishu, offering 30 days of free subscription access to users who download the desktop client or update the app. The age…
Dreame Technology announced it will narrow its focus to four core businesses—smart homes, outdoor yard care, smart mobility, and embodied AI—while adjusting operations still in the exploration stage. …
XPeng's robotics business raised over $900 million at a post-money valuation above $6.3 billion, led by IDG Capital with participation from Gaorong Ventures and strategic investments from Tencent and …
Xiaomi unveiled its second in-house smartphone processor, the Xring O3, as it seeks greater control over key components and reduced reliance on external suppliers. TSMC is expected to manufacture the …
Alibaba Group priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, raising HK$80 billion (US$10.21 billion), with proceeds earmarked for AI infrastructure and full-stack AI…
Alibaba Group Holding Ltd. reported RMB268.95 billion in revenue for the quarter ended June 30, up 9% year on year, while net income attributable to ordinary shareholders fell 76% to RMB10.54 billion.…
China had built and put into operation more than 70 embodied-AI training grounds by the end of June, according to a 2026 report from the China Academy of Information and Communications Technology, wit…
ByteDance's Seed foundation-model division has restructured into four new departments—Pretrain Data, Horizon RL, Product Posttrain-Work, and Product Posttrain-Chat—to focus on business applications an…
Kuaishou's Kling AI video-generation business generated more than RMB850 million in revenue in Q2 2026, up over 200% year on year and 30% quarter on quarter, contributing to a first-half total of RMB1…
Banma Intelligence, a Chinese automotive software company founded in 2015, is advancing its AI in All strategy with the Yan AI smart cockpit technology brand, which includes the AutoOmni on-device omn…