China’s Ubtech shifts from factory robots to AI emotional companions in high-stakes gamble
The humanoid robot maker has launched life-sized AI companions, betting that emotional interaction rather than factory…
Cambricon’s market value hits 1 trillion yuan milestone as China’s self-sufficiency drive powers AI chip boom
The STAR Market-listed chipmaker’s shares have surged 12-fold in two years, drawing global investors and cementing…
China’s robotics race pivots from hardware to AI brains as Alibaba and ByteDance place their bets
Coffee-serving robot developed by AI Square Robotics By Da Cheung The race to commercialize embodied AI…
AI mania leaves top China fund manager apologizing for missing the rally
A prominent Chinese hedge fund manager has apologized to investors after his firm significantly underperformed the…
Market distortions and trillion-dollar bubbles: the reality of the AI boom
By Da Cheung The artificial intelligence boom is sweeping across global financial markets, creating a wave…
Tencent bets WeChat’s future on AI as Xiaowei reshapes the super app
By Huang Qingchun Tencent (0700.HK) is quietly attempting the biggest overhaul in the history of WeChat,…
SiliconFlow raises 2 billion yuan in latest funding round to target AI middleware market
By Hu Minghe AI startup SiliconFlow has raised more than 2 billion yuan ($294 million) in a new…
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…
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…
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