
Alibaba and Tencent burn through billions in AI race, putting profits under pressure
By Xu Yang China’s two biggest internet groups are pouring unprecedented sums into artificial intelligence, sacrificing…

Kuaishou mulls spin-off of Kling AI video generation unit, seeking $20 billion valuation
Kuaishou Technology (01024.HK) is planning to spin off its Kling AI video-generation model business and raise $2 billion, giving…

DeepSeek staff retention defies exodus fears as founder turns to funding to lock in loyalty
By Feng Yuchen Chinese AI startup DeepSeek has retained 97% of its core research and engineering…

Alibaba’s HappyHorse bets on native audio-visual AI to redefine video generation
By Zhi Han Alibaba has officially launched the beta testing phase of its proprietary video-generation model HappyHorse 1.0,…

Alibaba, Huawei close gap with Nvidia in China’s AI chip race as focus shifts to inference
By Da Cheung Alibaba recently switched on a massive AI computing cluster powered entirely by its proprietary…

The OpenClaw craze: the rise of the “lobster” in China
By Brent Li Over the past week, OpenClaw has exploded into the hottest topic in China.…

Qwen loses key architect as Lin Junyang discloses shock departure on X
By Chen Jiahui and Cheng Manqi “me stepping down. Bye my beloved qwen.” This brief comment,…




