Anthropic says Alibaba illicitly extracted Claude AI model capabilitiesUS AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence...
India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
Chinese humanoids are one step closer to IPOsChina’s robotics sector is gearing up for a wave of IPOs as the country positions itself at the forefront of the next phase of AI. Unitree ...
Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
China's MiniMax loses bid to end Disney copyright lawsuit over AI systemA US judge has rejected a bid by Chinese AI firm MiniMax to dismiss a lawsuit. Major studios like Disney and Universal accuse MiniMax of st...
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
Chinese AI unicorn MiniMax soars 109% in Hong Kong debutShares in Chinese AI startup MiniMax soared 109% as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong inv...
China's AI startup MiniMax Group raises $619 million in Hong Kong IPOChinese artificial intelligence startup MiniMax Group said on Thursday it raised HK$4.82 billion ($618.60 million) in its Hong Kong initia...
Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rushHong Kong's stock market is experiencing a significant revival, fueled by AI and chip companies. Chinese AI startup MiniMax Group has spear...
Disney, Universal, Warner Bros Discovery sue China's MiniMax for copyright infringementDisney, Universal, and Warner Bros Discovery sued China’s MiniMax in California, alleging its Hailuo AI unlawfully used copyrighted charact...
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
DeepSeek is the primer; here are other Chinese AI chatbots launched recently to take on Silicon Valley titansDeepSeek and other Chinese AI companies like MiniMax, Qwen, and Tencent's Hunyuan3D have showcased China's growing AI power in response to ...
China AI startup MiniMax raising over $250 million from Tencent-backed entity, others: reportThe deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and...