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New Business

Unitree Robotics reaches unicorn status with ByteDance, Alibaba, Tencent funding

Unitree Robotics, a leading player in China’s booming robotics industry, has completed a new round of financing, attracting investment from…

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New Business

DeepSeek rival MiniMax says its first AI reasoning model halves compute of R1

Shanghai-based artificial intelligence (AI) start-up MiniMax has launched an open-source reasoning model that it said requires just half the computing…

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New Business

How a Chinese AI start-up helps Nike, Gap, Urban Revivo predict fashion trends

Founded in 2018 at fast-rising Chinese technology hub Hangzhou, capital of eastern Zhejiang province, Zhiyi Tech is focused on compiling…

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New Business

Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

Rokid, a Chinese maker of augmented reality (AR) glasses, is set to launch its latest AR Spatial eyewear globally through…

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New Business

Tech war: China’s top three EDA firms under spotlight after US ban on chip design tools

The restrictions, however, are expected to help strengthen China’s semiconductor self-sufficiency efforts, according to the latest research note by ICBC…

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China’s Dragon Boat Festival coincides with second holiday, fuelling boom in family tourism

An unusual convergence of the Dragon Boat Festival and Children’s Day in China over the weekend led to a surge…

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New Business

DeepSeek quietly updates R1 AI model amid anticipation for next-gen tech

Chinese artificial intelligence (AI) start-up DeepSeek quietly released a new version of its R1 reasoning model on Wednesday, marking its…

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New Business

China’s Zhuhai backs new tech company, joining Shenzhen in race to be AI, robotics hub

The municipal government of Zhuhai in southern Guangdong province has launched a new company as part of an ambitious programme…

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New Business

Ant International: numerical AI model is the GPT of financial services

Ant International predicts that its artificial intelligence (AI) model for foreign exchange (FX) could have as large an impact on…

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New Business

The secret behind China’s bombastic robot battles – these shows pack an unexpected punch

They dance, they run, they punch – but they never break a sweat or flinch in pain. China’s humanoid robots…

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