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China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet showsThe fundraising comes as Chinese AI developers seek capital for the costly computing infrastructure and talent needed to compete with large...- Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reportsThe developer of the Kimi large language model has discussed plans for a Hong Kong IPO with its financial backers and has also floated th...
- Why Chinese AI firms are suddenly at the centre of US AI crackdownChinese AI companies including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI face fresh scrutiny after US agencies accused them...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
- DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- How a 13-year-old girl with no coding skills built an AI app for busy parents from a study problem, earned Rs 2.5 lakh in 3 daysA 13-year-old Shanghai student has turned a common study problem into an AI product that generated 18,000 yuan (Rs 2,600) from 90 orders in...
- Six must-watch C-dramas to watch on Netflix, Viki if you loved hit show The Early Spring: When I Meet The Moon to Pursuit of JadeSo, if The Early Spring has officially turned you into a C-drama fan, your watchlist does not have to end with Sun Qian and Jing Boran. Fro...
- The Economic Times Startup Awards 2026: Nominees for Startup of the Year and Midas TouchHappy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed j...
- Global Market: Trump-backed World Liberty partners with platform offering Chinese AI modelsTrump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers access to Chinese and US AI models. The ...
- How Trump and his family are profiteering from Chinese AI which his administration labels as dangerous for the USAmid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...
- At Beijing AI-themed bar, DeepSeek tokens come with the pintsAs AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems s...
- Trump crypto firm backs venture offering AI from restricted Chinese companiesWorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment....
- China's Z.ai says new model nears Anthropic's Mythos 5 in cyber-defence testsAnthropic has made Mythos, a version of its Claude Fable 5 model with cybersecurity safeguards removed, available only to vetted organisati...
- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gapChinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
- DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm saysA version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models g...
- OpenAI cuts prices on smaller models as businesses scrutinise AI spendThe ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its b...
- Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
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