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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...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Inside China's buzzing AI scene year after DeepSeek shockBefore DeepSeek shook up the tech world and put Chinese artificial intelligence on the map, Wu Chenglin's own startup had nearly folded thr...
China’s AI reality check: Why tech leaders say beating US AI giants is unlikely anytime soonChina vs US AI race: China's top AI minds are downplaying hopes of surpassing US rivals soon. Executives from Alibaba, Tencent, and Zhipu A...
China is closing in on US technology lead despite constraints, AI researchers sayChina can narrow its technological gap with the US driven by growing risk-taking and innovation, though the lack of advanced chipmaking too...
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...
Startups go public in litmus test for Chinese AIChinese AI startup Zhipu AI surged over 12% in its Hong Kong debut, raising $558 million ahead of rival MiniMax’s listing. But analysts sai...
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...