Butterfly Effect

New Business

Manus AI lays off China staff, scrubs social media, shelves mainland service

The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week,…

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New Business

Chinese firm behind AI agent Manus relocates to Singapore amid US chip curbs

“This company right now is headquartered in Singapore,” Manus AI co-founder and chief product officer Zhang Tao revealed during a…

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New Business

Alibaba’s open-source AI model shines as Qwen-based agentic framework tops global ranking

Jointly developed by open-source initiative Agentica and San Francisco-based start-up Together AI, DeepSWE was trained on the Qwen3-32B large language…

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New Business

Tencent-backed StepFun aims to stand out in China’s AI race with multimodal models

Tencent Holdings-backed artificial intelligence (AI) start-up StepFun is doubling down on multimodal models, a strategic move that highlights how Chinese…

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