China’s commercial space companies race for IPOs as funding, investor pressures grow
By Wang Yajie China’s commercial space sector is rushing toward the capital markets, with more than 10 companies…
DeepSeek ramps up hiring and infrastructure spending after reportedly raising 50 billion yuan
By Jiang Fan Chinese artificial intelligence startup DeepSeek is stepping up recruitment for data center construction…
Chinese EV makers are embracing steer-by-wire technology and erasing the steering wheel
By Da Cheung In a move that signals growing momentum for next-generation chassis technology, Millisecond Intelligent Control,…
The AI bottleneck fueling China’s optical hardware boom
By Da Cheung After scouring the market for promising AI chip designers and foundational model builders,…
China’s Volant raises nearly $450 million in weeks as eVTOL race intensifies
Shanghai-based Volant Aerotech, which develops electric vertical take-off and landing (eVTOL) vehicles, has added nearly 1 billion…
Shifting gears: China’s heavy-duty trucks set to overtake passenger EVs in autonomous driving race
By Da Cheung Unlike new energy passenger vehicles, heavy-duty trucks have historically flown under the radar…
Li Kaifu’s Zero One targets IPO after strategic pivot from frontier AI models to enterprise applications
By Song Sihang Inside the Beijing headquarters of Chinese AI startup Zero One, also known as 01.AI, the…
Patient capital meets the EV future: why China’s richest man is betting on solid-state batteries
By Da Cheung Zhong Shanshan is a highly unusual figure among China’s business elite. While the…
Why Liang Wenfeng needs 70 billion yuan for DeepSeek
By Song Sihang For much of the past 18 months — from the launch of DeepSeek…
Beyond Neuralink: China’s BCI industry shatters funding records as government backs brain-computer interfaces
By Da Cheung Chinese companies developing brain-computer interface (BCI) systems are witnessing a surge in fundraising this…
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