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New Business

3 Chinese tech stocks gain in Hong Kong debuts as investors jump on AI, robotics

Chinese start-up Zhipu AI headlined a trio of technology new listings in Hong Kong on Thursday, in a key test…

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Another Chinese quant fund joins DeepSeek in AI race with model rivalling GPT-5.1, Claude

Another Chinese quantitative trading firm has entered the race to develop large language models (LLMs), unveiling systems it claims can…

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New Business

Xiaomi launches open-source model to compete against DeepSeek, Moonshot, OpenAI systems

Available worldwide on Xiaomi’s developer site MiMo Studio, Hugging Face and the API Platform, MiMo-V2-Flash “particularly excels in reasoning, coding…

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Kimi developer Moonshot shows China’s growing AI depth: US government report

Leading Chinese artificial intelligence start-up Moonshot AI has been singled out as evidence of the “growing depth” of China’s AI…

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China narrows AI gap with US 3 years after initial ChatGPT shock

Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on the implications…

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Alibaba creates new unit to push consumer use of its Qwen AI models

The new business unit, Qwen Consumer Business Group, led by Alibaba vice-president Wu Jia, will oversee the Qwen chatbot app,…

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Scaling compute still fruitful in advancing AI, Google DeepMind scientist from China says

There remains considerable potential to enhance artificial intelligence models by scaling up computing power and data, according to Yao Shunyu,…

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Nvidia-Google AI chip rivalry escalates on report of Meta talks

Meta Platforms is in talks to spend billions on Google’s AI chips, according to a report by The Information, adding…

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Anthropic says its new AI model is better at coding and office work

Anthropic is rolling out a new version of its most powerful artificial intelligence model that is designed to be better…

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New Business

Alibaba’s Qwen app challenges AI subscription models with free access

Alibaba Group Holding has officially launched its multipurpose artificial intelligence app, Qwen, promising a “free-for-all” gateway for consumers to access…

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