Alibaba bets $10.2 billion on AI infrastructure in Hong Kong share sale
The tech giant is raising funds in a share placement as cash burn accelerates amid the global…
Z.AI sheds more than $38 billion in market value in two-day stock rout
China’s largest listed foundation model developer extended a sharp sell-off after a recent share placement as…
Latest
- Shanghai robotics unicorn claims its 9B embodied AI model beats GPT-6 Astra on six benchmarks
- Chinese manufacturers slash robotic-hand prices
- Token exports are emerging as a new business for Chinese AI companies
- Space robotics startup Guoyu Xingchen raises nearly 100 million yuan in Series A funding round
- Tencent taps free micro-dramas to challenge ByteDance in the battle for screen time
