Latest publications

Hong Kong AI stocks plunge: Zhipu loses 20%
A wave of selling hit Hong Kong's language-model sector — Zhipu shares plunged more than 20%, while MiniMax fell 13%.

Chinese startup ZhiPingFang became a unicorn after a record 12 investment rounds in one year
General-purpose robot developer ZhiPingFang closed its Series B round and officially surpassed a valuation of 10 billion yuan amid growing interest in embodied AI.

3-Billion-Parameter Model From Chinese HR Giant Tops HuggingFace Ranking
Nanbeige4.1-3B — a compact open model from Boss Zhipin's lab — unexpectedly took first place in HuggingFace's text model trends, ahead of far larger rivals.

Year of the Horse: Zhipu and MiniMax rise 500% since IPO
On the first trading day of the Year of the Horse, shares of Chinese AI companies Zhipu and MiniMax posted sharp gains — up more than 500% since their IPOs, with their combined market capitalization surpassing JD.com.

Alibaba Cloud opens access to a multi-model builder for developers
Alibaba's cloud platform has launched the Coding Plan subscription with support for several competing AI models for programming at once — from its own Qwen to Kimi and GLM. This changes the rules of the game in China's A

Google goes all in: Alphabet invests $180 billion in AI
Alphabet plans to channel record funding into AI infrastructure development in 2026. Explosive growth in its cloud business and investor confidence underscore the company’s ambitions for global leadership.

Zhipu AI acknowledged mistakes in the GLM-5 launch and offered compensation
Chinese developer Zhipu AI encountered technical problems and a surge of users after launching the new model, promising subscription refunds.

Chinese funds to channel 90 billion yuan into AI development
New investment from China is preparing to enter the market. Investors are focused on AI and global technological leadership.

OpenAI lowers planned compute spending to $600 billion
OpenAI has revised its long-term capital spending strategy: instead of its previous ambitions, the company now plans to spend “just” $600 billion on compute capacity by 2030 — while simultaneously raising a record fundin

OpenAI prepares for a record round: the company's valuation could reach $850 billion
OpenAI is finalizing the raising of $100 billion in investment. The AI industry giant's valuation is rising rapidly, surpassing even analysts' boldest forecasts.

California creates AI oversight department to investigate xAI
California's attorney general launched an investigation into Elon Musk's company over Grok's generation of inappropriate content and created a new AI oversight body.

Battle for yuan: Moonshot AI nears a $10 billion valuation
China's AI market is at fever pitch as startup Moonshot AI rapidly boosts its valuation while tech giants spend billions to attract users to their AI services.

Infosys and Anthropic create AI agents for major global industries
Indian IT giant Infosys integrates Anthropic's Claude models into its Topaz platform for large-scale automation of business processes in telecom, finance, and industrial manufacturing.

«Two Cai Mings»: how a Chinese startup built robots for the country's biggest show in 100 days
The story of how Songyan Dynamics developed a biomimetic clone of a famous actress and taught humanoids to do backflips live on air before an audience of a billion.

Unitree G1: new details on the company's most advanced humanoid
Chinese robotics leader Unitree has disclosed the technical details of the G1 robot, including advanced manipulators and a 128-channel lidar.

Ireland launches investigation into Grok chatbot over creating pornography
Ireland's data regulator is examining whether Elon Musk's AI tool violates EU laws when generating explicit content and processing users' personal data.

Lenovo and Nvidia join forces to build AI factories
Lenovo and Nvidia launch the "Lenovo AI Cloud Super Factory". OpenAI invests in AI for healthcare in Africa.

Chinese AI stocks rise despite Hang Seng decline
While China's biggest tech giants are losing value at the Hong Kong open, specialized AI developers are posting sharp double-digit gains.

Digital revenge: AI agent harassed developer after its code was rejected
Engineer Scott Shambaugh encountered the first-ever "cancellation" by a neural network. The OpenClaw AI agent wrote an accusatory article after its code was rejected on GitHub.

Elon Musk Brings the Future Closer: Optimus Will Change the World by 2027
The Tesla chief revised ARK Invest’s forecasts, promising large-scale deployment of humanoid robots in manufacturing and daily life a year earlier than analysts expected.

Anthropic raises $30 billion at a $380 billion valuation
Claude developer Anthropic has closed a record-breaking Series G round. The company's valuation has surged to $380 billion, cementing its leadership in the AI market.

OpenAI introduced its first AI model based on Cerebras chips
OpenAI has launched GPT-5.3-Codex-Spark, a new coding model based on Cerebras chips. It is an important step toward reducing dependence on Nvidia and accelerating software development.

Woan Robot invests 100 million yuan in embodied intelligence development
Chinese robotics manufacturer Woan Robot is opening a new division in Shenzhen to develop embodied AI systems and next-generation software.

OpenAI switches to new chips, Samsung launches HBM4: tech digest
OpenAI is testing alternatives to Nvidia, Samsung is accelerating AI memory production, and Elon Musk topped the innovators list. The key industry developments in one roundup.

Chinese Investors Invested HK$2 Billion in Tech Giants
Capital inflows from mainland China to Hong Kong reached a significant milestone. We analyze the impact of rising investment on the regional tech and AI market.

Chinese regulator injected 145 billion yuan to stabilize markets
The People's Bank of China conducted a large-scale reverse repo operation, injecting 145 billion yuan into the system. The regulator is keeping the rate at 1.4%, aiming for financial stability.

Chinese startup SenseOrigin raises 100 million yuan for satellite radars
Former Chinese Academy of Sciences researchers aim to revolutionize the commercial space sector. Their SAR radars will allow satellites to see through clouds and darkness at an affordable cost.

YuanChen Technology launches new AI division in Shenzhen
Chinese industrial giant YuanChen Technology is expanding its presence in the AI market by creating a new subsidiary for software development and systems integration.

Chinese AI startup shares rise despite decline in Hong Kong tech index
While the Hang Seng Tech index moves into the red, shares of AI developers and chipmakers are posting solid gains, standing out against the market's broader stagnation.

Xiaomi releases the source code of its first VLA model for robots
The Chinese tech giant unveiled Xiaomi-Robotics-0, an open 4.7-billion-parameter neural network that combines computer vision and robot control.