Kuaishou's AI video generation business Kling AI raised nearly $3 billion in external funding on July 2, with a post-money valuation of $18 billion. The round was co-led by CPE, Guofang Venture Capita…
Tencent is joining a reported $3 billion funding round for Kuaishou's AI video generation platform Kling AI, which is expected to be valued at $18 billion. Kuaishou plans to spin off Kling AI and laun…
Tencent launched Just Dance: Party, a mobile rhythm game based on Ubisoft's franchise, on iOS, Android, and HarmonyOS. The game uses AI-powered skeletal tracking for full-body motion capture via smart…
Chinese robotics company UBTECH unveiled its first full-sized consumer humanoid robot, the U1 Series, on Tuesday in Shenzhen, announcing over 11,000 pre-orders since June 2. The robots, priced between…
NVIDIA is expanding its robotics hiring in China, opening roles in Beijing, Shanghai, and Shenzhen across embodied AI, simulation, deployment, and solution architecture. The company aims to develop ne…
DeepSeek announced the official release of DeepSeek V4 in mid-July, featuring a 1-million-token context window and enhanced performance in agent tasks, math, and code generation. The company will intr…
A fully autonomous humanoid robot penalty shootout at MWC Shanghai 2026 drew over 10,000 spectators, with eight Chinese embodied AI teams competing across nearly 100 rounds. The event, which banned re…
Alibaba released HappyHorse 1.1, an upgraded video generation model with improved motion dynamics, subject consistency, and audio generation, and launched the HorsePower AI Video Competition with Huaj…
ByteDance's AI assistant app Doubao is testing a ride-hailing feature in Beijing and Hangzhou, powered by Caocao Mobility, expanding into instant mobility after e-commerce and group-buying.…
ECARX acquired Flyme's software business from Xingji Meizu for $266 million, financing 70% of the deal through a 10-year loan. The acquisition aims to bolster ECARX's AI Agent strategy but faces skept…
JD.com founder Liu Qiangdong announced at the 2026 APEC China CEO Forum that the company has launched an internal Nirvana Plan to retrain its 700,000 delivery workers for a future where robots handle …
Alibaba's Qwen team released a robotics suite with three foundation models for embodied AI: Qwen-RobotNav, Qwen-RobotManip, and Qwen-RobotWorld. The models align language with physical actions for nav…