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US and China reportedly plan a fresh round of AI talks in September

The United States and China are reportedly preparing to hold a fresh round of talks on artificial intelligence in September, according to people familiar with the planning, in what would be the clearest sign yet that the two governments want to keep a fragile line of communication on the technology open. The reported meeting would […]

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China weighs export controls on its own AI models and chips, FT reports

China is considering tightening export controls on its home-grown artificial intelligence models and the chips that run them, according to the Financial Times, in a move that would push Beijing’s technology defences well beyond the raw materials and equipment it already guards. The newspaper, citing two people involved in the discussions, said regulators led by the […]

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Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO.

Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The company is unwinding its offshore holding structure, the same prerequisite that Moonshot dismantled in May to clear its own path to a Hong […]

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Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO. Read More »

A Chinese AI lab just built a giant data centre with no Nvidia inside

For a year, one question has hung over China’s fast-improving AI models: what are they actually running on? Z.AI has just given part of the answer. It has built a huge data centre that uses only Chinese-made chips. The company, formerly known as Zhipu, has started partially operating the site, Bloomberg reported, citing a person […]

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The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.

One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company won approval for the deal on Friday, Bloomberg reported. It began meeting analysts […]

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The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba. Read More »

Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof.

Days after a rival Chinese lab shook Silicon Valley, Alibaba has fired back. The company previewed Qwen3.8, its most powerful model yet, and made a bold claim: it trails only one model on Earth. Alibaba unveiled the model at the World Artificial Intelligence Conference in Shanghai. Its Qwen team said on X that Qwen3.8 is […]

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Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof. Read More »

China’s car market is heading for its worst year since 2021. Sales fell 20% in the first half.

China’s passenger car sales fell 20.2% in the first half of 2026 to 8.7 million units, and the China Passenger Car Association has lowered its full-year forecast to a 14% decline, projecting 20.4 million deliveries, down from a record 23.7 million in 2025. Citic CLSA’s Xiao Feng expects a 20% full-year drop. “This is going […]

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China’s car market is heading for its worst year since 2021. Sales fell 20% in the first half. Read More »

The EU just fined AliExpress €550M, its biggest DSA penalty yet

Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is the biggest yet under the EU’s Digital Services Act (DSA). That law forces very large platforms […]

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Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups

Moonshot AI has a problem most startups would envy. Its new Kimi K3 model proved so popular that it ran out of computing power to serve everyone. So the Chinese lab has hit pause on new sign-ups. Over the past 48 hours, demand “pushed close to the limits of our current capacity,” the company said […]

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Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups Read More »

An AI agent hacked Hugging Face. Another AI caught it.

The machines are now hacking each other. Hugging Face, the world’s largest hub for open AI models, says an autonomous AI agent broke into its production infrastructure. Its own AI defences spotted the intrusion and picked it apart. The company disclosed the incident in a statement on 16 July. It called the attack different from […]

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An AI agent hacked Hugging Face. Another AI caught it. Read More »

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