scmp.com·publisher·20 items·last fetched —
Wency Chen / South China Morning Post: CXMT's IPO prospectus showed Alibaba had a ~5% stake, which is now worth $20B+, a nearly 20x return, based on CXMT's ~$464B closing market cap on July 28 — ChangXin Memory…
Zoe SL Chan / South China Morning Post: Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals — Firm's…
Ann Cao / South China Morning Post: Alibaba open-sources its chip software, following similar plays from Huawei and Moore Threads, as Chinese GPU makers try to break the dominance of Nvidia's CUDA — The firm's…
Minxiao Chang / South China Morning Post: China's National Data Administration says the country's daily AI token consumption hit 140T in March 2026, up from 100T in December 2025 and 100B in early 2024 — Every…
Minxiao Chang / South China Morning Post: China's BrainCo unveils what it says is the world's first integrated “brain-to-robot” platform that lets users control robots using an EEG headset &mdash…
Ann Cao / South China Morning Post: Shanghai-based AI chipmaker Biren raises ~$892.5M in a new share sale to boost GPU production; Biren's stock is up 150%+ since its January Hong Kong IPO — Chinese artificial…
Wency Chen / South China Morning Post: ByteDance's Doubao and Alibaba's Qwen will disable humanlike and user-created agents before July 15, as China's anthropomorphic AI interaction rules take effect — Two of…
Minxiao Chang / South China Morning Post: Chinese robot maker UBTech launches U1, a line of humanoid robots for personal companionship with lifelike silicone skin and emotional AI, priced from $17,650 — The…
Ben Jiang / South China Morning Post: DeepSeek details DSpark, a speculative decoding framework for its V4 models, saying it speeds up AI inference by up to 85% and was tested on Gemma and Qwen — Chinese…
Wency Chen / South China Morning Post: Sources: Meituan, Baidu, Xiaomi, and other Chinese tech giants have been trimming their workforces, fueling Chinese workers' concerns of being replaced by AI — When a friend…
Iris Deng / South China Morning Post: Shenzhen-listed Apple supplier Lingyi iTech seeks to raise $1.1B in a June 26 Hong Kong debut, as the electronic parts maker expands into AI hardware and robots — The…
Wency Chen / South China Morning Post: Alibaba's AI unit Tongyi Lab launches the Qwen Robot Suite, its first family of AI models for robots, in pilot testing with some enterprise clients — Alibaba unveils Qwen…
Iris Deng / South China Morning Post: Huawei unveils HarmonyOS 7, introducing an “agent-friendly” architecture that connects to 2,000+ specialized AI agents and features an enhanced voice assistant &mdash…
South China Morning Post: Sources: Microsoft laid off 200 to 400 Azure unit employees in Beijing and Shanghai, at least its third round of downsizing in China in two years — Microsoft is laying off hundreds of…
Ann Cao / South China Morning Post: A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's “hard tech” sectors amid tightening US export curbs — Chip…
Coco Feng / South China Morning Post: A research team that includes Huawei says it successfully used Huawei's Ascend 910C chips for DeepSeek V4 Pro model's post-training, amid increased US sanctions — While…
Iris Deng / South China Morning Post: Alibaba says it is opening Qwen to third-party AI agents, starting with KFC, Mixue, and others, and Qwen's app serves 100M+ daily lifestyle services engagements — In its…
Coco Feng / South China Morning Post: Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 — AI unit has…
Ben Jiang / South China Morning Post: A look at Xiaomi's AI push to future-proof its hardware and EV ecosystem, as it recently committed ~$8.8B in AI investments over the next three years — Xiaomi is betting on…
Karen Tian / South China Morning Post: Zero2IPO Research: Chinese AI startups raised $16.2B in Q1 2026, up 185% YoY, led by top AI labs including Moonshot, Z.ai, and MiniMax — Funding for China's…