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Wednesday 18 December 2024
Zhipu AI secures US$412 million with backing from Alibaba, Tencent
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Thursday 7 November 2024
Huawei's HarmonyOS faces commercialization challenges, receives boost from digital yuan applications
Huawei's HarmonyOS is encountering significant hurdles in its path to successful commercialization. However, since its launch, Huawei has integrated the digital yuan into HarmonyOS,...
Wednesday 23 October 2024
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market...
Tuesday 15 October 2024
Status of domestic AI chip development in China

Introduction

Monday 23 September 2024
Alibaba reveals open-source Qwen2.5 model; surpasses Meta's Llama 3.1 in performance
China's Alibaba has announced the launch of a new generation of open-source large language models (LLMs), titled the Qwen2.5 series. Notably, Qwen2.5 has outperformed Meta's Llama...
Thursday 11 July 2024
Chinese AI models show strength and resilience amid US sanctions
Chinese AI companies showcased resilience and innovation at the 2024 World AI Conference (WAIC 2024) amid the US's tightening AI chip export sanctions.
Monday 1 July 2024
Alibaba to suspend data center operation in India and Australia
Alibaba Group Holding's cloud computing division, Alibaba Cloud, has announced plans to discontinue its data center operations in Australia and India as part of a strategic shift...
Wednesday 26 June 2024
OpenAI API block prompting Chinese AI firms to offer alternatives
OpenAI will block API access in China from July, spurring local firms like Alibaba and Zhipu AI to offer migration plans.
Monday 3 June 2024
Mass exodus of AI leaders from Chinese tech giants spurs new AI unicorns striving to be China's OpenAI
Chinese tech giants are experiencing a wave of departures among their AI experts.
Friday 24 May 2024
The high-stakes battle of China's LLM market
China's fierce battle of the Large Language Models (LLMs) has begun.
Friday 24 May 2024
China's AI market booms, but Chinese CSPs fail to cash in
While the AI market in China is experiencing explosive growth, there are expectations that related services like computing, big data, storage, and data centers will grow accordingl...
Friday 24 May 2024
China's internet sector sees recovery yet faces market value decline
China's internet sector is exhibiting signs of recovery.
Tuesday 21 May 2024
Alibaba sparks China AI price war with spate of steep discounts
Alibaba Group Holding Ltd. slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start...
Tuesday 21 May 2024
China's internet giants see 1Q24 revenues skyrocket thanks to AI
AI models have now become the new battleground in China's tech industry, with the four leading giants—Baidu, Alibaba, Tencent, and JD, or BATJ for short—all seeking to...