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China hits back at the Pentagon with curbs on 56 US firms

China’s new trade curbs target 56 US companies, from rare-earth miners to drone makers. It is direct retaliation for Washington adding Chinese firms to its military blacklist. China has answered the Pentagon’s blacklist with one of its own. On Monday, Beijing aimed trade curbs at 56 American companies. The measures hit drone makers and defence […]

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China’s green-power target for AI data centres runs into the grid

The cleanest way to power a data centre is also the least predictable. The sun sets, the wind drops, and a server hall full of AI accelerators does not care: it wants the same steady draw at three in the morning that it wanted at noon. That mismatch is the problem now sitting between China’s […]

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General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.

A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomberg reported. Kling is seeking more than $2bn at a valuation of $18bn, […]

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China tightens indium phosphide checks as AI demand climbs

The bottleneck in the AI buildout is turning out to be a metal most people have never heard of. China has tightened its scrutiny of exports of indium phosphide, a compound essential to the high-speed optical chips that move data inside AI data centres, in a move that threatens to slow the very infrastructure the […]

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BMW slashes profit forecast as China’s EV makers squeeze European carmakers on two fronts

BMW on Tuesday cut its full-year profit forecast for the car business, lowering its expected automotive EBIT margin to a corridor of 1 to 3 per cent from prior guidance of 4 to 6 per cent. The company blamed an accelerating decline in the Chinese market and the widening economic fallout from the conflict in the Middle […]

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ByteDance is Microsoft’s biggest AI customer, even as Washington treats Chinese AI as a threat

ByteDance has generally been Microsoft’s single biggest AI customer in recent years, and it is on track to spend more than $1bn a year on Microsoft’s AI and cloud services, Bloomberg reports. The striking part is what the TikTok owner is mostly buying: OpenAI models, sold through Microsoft’s Azure cloud, in a market that OpenAI […]

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China pitches free AI for the developing world as the G7 debates who gets access to American models

China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation organization” and invited all countries to join. The comments came as the G7 summit in France wrapped up with discussions about giving “trusted partners” access to leading US AI models, according to Reuters. Two competing visions […]

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China’s new five-year plan makes tracking AI’s hit to jobs a national priority

China has spent two years telling the world it intends to win the AI race. Its new five-year employment plan is the quieter admission that winning it could cost a lot of people their jobs. The State Council, effectively China’s cabinet, has issued its blueprint for employment policy from 2026 to 2030. Buried in a […]

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Microsoft might put China’s DeepSeek inside Copilot to tame its AI bills

Microsoft is considering putting a Chinese AI model inside its enterprise Copilot, and the reason is money. The company told Axios it is exploring a self-hosted, fine-tuned version of DeepSeek V4, or another open-source model, as a cheaper option to power Copilot Cowork, the agentic assistant in its Microsoft 365 suite. It expects to offer […]

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US holds off blacklisting DeepSeek and 100-plus Chinese firms

The decision had, in effect, already been made. According to people familiar with the matter, reports Reuters, a US interagency committee approved adding the Chinese AI startup DeepSeek, the memory-chip maker CXMT and more than 100 other companies flagged as national-security risks to the Commerce Department’s Entity List last year. What has not happened, and […]

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