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China’s AI and chip firms are handing out shares to keep their engineers

Chinese chip companies are running unusually broad equity schemes to keep engineers, with Cambricon covering 85.3% of its workforce and AMEC more than 97%. Europe’s semiconductor sector has a talent gap estimated at 65,000 workers. Chinese chip companies are giving away equity at a scale that looks less like a bonus scheme and more like […]

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AI data centres are taking the capacitors carmakers need

Chinese carmakers say printed circuit boards and multilayer ceramic capacitors are 20% to 30% short globally, with prices more than tripling over the past year because of AI data centre demand. Automotive memory prices rose about 180% in three months. The AI boom has reached the cheapest components in a car. Chinese carmakers report a […]

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Aptera has found someone to build its solar car, and it is in Shanghai

Aptera has partnered with Shanghai’s Launch Design on a manufacturing programme worth up to $44mn, covering tooling, testing and pilot production. Aptera pays two-thirds of the costs, while its latest filing reports $10.1mn in cash and substantial doubt about continuing as a going concern. Aptera has finally found someone to build its solar car. The […]

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DeepSeek launches an experimental multimodal model to rival Anthropic

DeepSeek released an experimental multimodal model on Friday and said its agent performance is close to Anthropic’s Opus-4.8. On DeepSeek’s own published table, it beats that model on three benchmarks out of eleven. DeepSeek-V4-Flash-Vision-Exp is live on the company’s API platform. It takes the text-only V4-Flash and adds the ability to read images and screenshots. […]

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Chinese video platform Bilibili is expanding worldwide

Bilibili has relaunched its international app without identity verification, plans an English-language website and is hiring community managers in six cities including London. The company says content on its international and Chinese sites will be the same. Bilibili is making a serious attempt at the world outside China. The video platform has relaunched its international […]

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China is removing Microsoft’s Windows 10 from state agencies

China is removing a government version of Microsoft’s Windows 10 from state agencies, earlier than planned. The Ministry of State Security recently told some state-linked entities to uninstall the customised software, Bloomberg reported, citing people familiar with the matter. The instruction stemmed from data security concerns, they said. They did not specify the vulnerabilities involved. […]

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Baidu’s revenue falls for a fifth quarter as ads keep sliding

Baidu revenue fell for a fifth straight quarter. The advertising business kept shrinking faster than the AI business could grow. The Chinese search company reported its results on Tuesday, with second-quarter revenue of RMB31.3bn ($4.62bn). That is down 4 percent on a year earlier and 2 percent on the previous quarter. Net income attributable to […]

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Google plans to end Pixel production in China by 2027

Google has told suppliers it plans to move all Pixel production out of China from 2027, according to Nikkei Asia. That covers phones, smartwatches and wireless earbuds. Lauly Li reported the plan on 18 August, citing the ongoing tensions between Washington and Beijing. Nikkei named Vietnam and India as the destinations. The date has moved. […]

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Qwen is the world’s most downloaded open model, by a smaller margin than Alibaba says

Alibaba says its Qwen models have passed 3 billion downloads, making them the most used open-weight family in the world. The Hugging Face report published a day earlier counts 2,045 million for Qwen this year, and 151,448 derivatives against Alibaba’s claim of more than 300,000. Alibaba says its Qwen models have passed 3 billion downloads, […]

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