Beyond autonomous driving: Momenta rebrands as physical AI stock ahead of IPO
By Da Cheung Chinese autonomous driving software provider Momenta has moved one step closer to its highly anticipated…
Dreame restructures as it rethinks expansion strategy
By Liang Kaier Chinese smart home appliance maker Dreame Technology is overhauling its business structure to…
China startup Evoken’s record $300 million funding round highlights AI content race
By Zanzhu Chinese AI startup Evoken has secured nearly $300 million in a B+ funding round that values…
Ant Group prepares biggest overhaul of Alipay in two decades with AI-powered reboot
By Chen Ran Fintech giant Ant Group is preparing to launch an AI-powered version of Alipay in what would be…
Alibaba steps into embodied AI with Qwen-Robot, offering a digital brain to Unitree’s physical brawn
By Da Cheung On June 16, Alibaba (9988.HK) (BABA) released the Qwen-Robot series, marking its first comprehensive foray into…
As China’s car market ditches gasoline, NEV prices rise on an AI-driven supply squeeze
By Da Cheung China’s automotive market reached a historic turning point in May 2026. The domestic…
From Unitree to Moonshot: How Meituan’s DragonBall bets on China’s tech dreamers
By Cheng Manqi and Pei Yutong As money pours into China’s hottest technology sectors, many investors…
Cash burn and chaos: the race to build China’s first truly embodied AI
By Da Cheung The embodied AI industry — a sector focused on giving artificial intelligence physical…
Founder of video platform PPTV returns to capital markets with AI computing ambitions
By Bi Feng For a generation of Chinese internet users, PPTV was the go-to free service…
China’s AI ‘heroes’ brace for a reality check in Hong Kong as IPO lockup expirations loom
By Da Cheung Six months ago, they were known as the “Two Heroes” of China’s generative…
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