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CXMT soared 466% on day one to become China’s most valuable onshore company

Artificial Intelligence, Asia, Business, China, Deep tech, Digital Marketing, SEO Tips, Technology /

China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 trillion yuan, or about $485bn. The numbers are hard to overstate. CXMT priced […]

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Facebook and Instagram ran nudify-app ads from a single Chinese firm, watchdog says

China, Digital Marketing, Legal, Meta, SEO Tips, Technology /

Awatchdog group says Meta ran thousands of advertisements for apps that digitally undress women, and that the network placing them traces back to a single company in China. The finding lands on a platform that has spent more than a year insisting it is winning this fight, even as it fields separate lawsuits over scam ads elsewhere […]

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China fines Trip.com $765 million for forcing hotels into exclusive deals and controlling their prices

China, Digital Marketing, Fintech and ecommerce, Government and policy, SEO Tips, Technology /

China’s market regulator fined Trip.com Group $765 million on Saturday after concluding that the country’s largest online travel platform abused its dominant market position. The State Administration for Market Regulation said Trip.com used its traffic allocation algorithms, platform rules and technology to restrict hotel operators from listing on competing services and to control the prices […]

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A Chinese model split Silicon Valley. Now the startups are fighting back.

Anthropic, Artificial Intelligence, China, Digital Marketing, SEO Tips, Startups and technology, Technology, United States /

Silicon Valley does not usually gang up on its own. This week it did. Nearly 200 US startups have urged the Trump administration not to block American access to Chinese open-weight AI models. A ban, they warn, would gut the next wave of US companies. The plea, first reported by Politico, came in letters from […]

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Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%.

Cars, China, Digital Marketing, Electric vehicle, SEO Tips, Technology /

Ford and Geely announced a manufacturing joint venture on Thursday that will produce electric vehicles at Ford’s plant in Valencia, Spain. Ford will own 66% of the venture, Geely 34%. Pending regulatory approvals, operations begin in the first half of 2027, with the first new vehicles rolling off the line in 2028. The plant will […]

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Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%. Read More »

A US Senate panel says it has ‘compelling evidence’ of Chinese influence inside Amazon

Amazon, Business, China, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

The email was not meant to be public. Writing to a small-business owner on Staten Island, a researcher for the Senate Small Business Committee said Republican staff had been probing “Amazon negligence related to Chinese influence and have found compelling evidence.” The note named no evidence at all. That is more or less the whole […]

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White House accuses Moonshot of distilling Anthropic’s Fable to build Kimi K3

Artificial Intelligence, China, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology, United States /

The model that rattled Silicon Valley last week now has Washington’s attention. A senior White House official has accused China’s Moonshot AI of breaking US export controls to build Kimi K3. It reached restricted Nvidia chips, he said, and leaned on American models to do it. Kratsios directs the White House Office of Science and […]

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Intel and AMD lock Chinese data centres into multi-year CPU deals as prices surge

Artificial Intelligence, China, Digital Marketing, SEO Tips, Technology /

Server processors were meant to be the boring corner of the AI boom. The exotic money went to graphics accelerators, while the central processing units sitting beside them were treated as a solved problem, cheap, plentiful, and interchangeable. That assumption is coming apart in China. Intel and AMD have signed longer-term supply commitments with Chinese […]

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Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there

Artificial Intelligence, Asia, Business, China, Digital Marketing, Investors and funding, SEO Tips, Technology /

China’s Moonshot AI is raising money at a pace that would make most startups dizzy. The lab should close a round that values it at $31.5 billion in the coming days, Bloomberg reported. It then plans to open another almost immediately, targeting a valuation of as much as $50 billion. Two rounds, one summer The […]

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

Artificial Intelligence, China, Digital Marketing, SEO Tips, Technology, United States /

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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