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Chinese AI stocks, hardware suppliers slide as Nvidia CEO exit fuels US-China chip fearsChinese AI and semiconductor stocks decline amid concerns over Nvidia leadership changes and tighter US chip export restrictions. Fears of ...- China's 'Lipstick King' touts AI tokens in first for Singles' Day festivalThe launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world'...
- China won’t stop its AI from going global, but it wants control over how it travelsProposed rules from China have raised concerns that it could make it harder for its AI companies to take their models overseas, at a time w...
- China's DeepSeek, MiniMax win approval for AI global use, state media-affiliated entity saysIn a separate social media post on Friday, the social media account, Yuyuan Tantian, said overseas internet users had also urged other Chin...
- DeepSeek pushes out updated AI model it says is faster, leanerThe firm unveiled the V4.1-Flash-1017 late Saturday afternoon with a series of posts on X saying the update had “stronger benchmark perform...
- ET AI Explainer: Why are US AI labs wary of 'distillation attacks' from Chinese peersDistillation as a technique in which a less capable AI model is trained on the outputs of a stronger one. The aim is to help the less capab...
- China AI developers publish safety tests for just 3.6% of model releases, report findsOnly a fraction of the 857 AI models released by Chinese companies have undergone safety testing, with merely 3.6% revealing published eval...
- Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares dragHong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentimen...
- The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
- Patchwork algorithms get the job done: What is helping curb skyrocketing costs of enterprise AI?As businesses navigate the AI frontier, many are embracing a blend of advanced models to address distinct needs effectively. Industry giant...
- China's DeepSeek hires dealmaker as CFO ahead of possible IPOA CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes ...
- China's MiniMax sees revenue nearly quadruple in first half as AI demand surgesRevenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-s...
- 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...
- 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...
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