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A cheap Chinese AI model is closing in on Anthropic and OpenAI

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

Chinese startup’s latest AI model has landed fourth on one of the industry’s most closely watched intelligence rankings, and it costs a fraction of what Anthropic or OpenAI charge for comparable performance. GLM-5.2, released last month by Beijing-based Z.ai, has become the talk of Silicon Valley for coding and agentic capabilities that edge close to […]

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BYD and Xiaomi shares surge after June delivery numbers show momentum holding

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

Hong Kong-listed shares of Chinese EV makers surged on Thursday after June delivery figures beat expectations. BYD gained around 9% and Xiaomi climbed about 5%. BYD posted 403,472 vehicle sales in June, up 5.46% from the same month last year. Deutsche Bank said BYD’s second-quarter sales volume rose 58% from the previous quarter to 1.1 […]

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Alibaba will pay 600 million dollars to settle a US probe into illegal pharmaceutical sales on its platform

China, Data and security, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Alibaba and its US digital payment processor have agreed to pay 600 million dollars to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceuticals and controlled substances, the Justice Department said on Wednesday. Alibaba entered into a non-prosecution agreement to end a probe of alleged violations of […]

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DeepSeek breaks China’s AI price war with peak-hour surge pricing

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

DeepSeek lit China’s AI price war by making tokens absurdly cheap. Now it is doing something no rival has dared: charging more when demand runs high. The Chinese startup has told API customers it will double the price of its V4 models during busy hours, according to the South China Morning Post, which saw the […]

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China’s Meituan says its new AI model was trained on domestic chips

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

LongCat-2.0, a 1.6-trillion-parameter model, is the first of its size to be trained end-to-end on home-grown silicon, the company says, in a pointed answer to US export controls. The most striking claim about Meituan’s new artificial intelligence model is not how large it is, though it is large, but what it ran on. The Chinese […]

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China’s Nexchip seeks up to $890m in Hong Kong share sale

China, Digital Marketing, Investors and funding, SEO Tips, Technology /

Nexchip Semiconductor is China’s third-largest pure-play foundry, a sentence that until recently would not have led to a Hong Kong listing. It does now. The Hefei-based, state-backed chipmaker is seeking to raise up to HK$6.98 billion, or roughly $890 million, in a share sale that adds to a sudden rush of Chinese semiconductor companies floating […]

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Taiwan raids Super Micro’s office as Nvidia chip smuggling investigation widens

China, Digital Marketing, Government and policy, nvidia, SEO Tips, Technology /

Taiwan’s Keelung District Prosecutors Office raided Super Micro Computer’s local office on Monday, widening an investigation into the alleged smuggling of Nvidia chips to China through the company’s servers. The raid also targeted the residences of six individuals and the sites of two other affiliated companies, according to Bloomberg. Super Micro shares fell more than […]

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Alibaba and Tencent lose their Washington lobbyists as new Pentagon rule takes effect

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

Washington lobbying firms have been quietly dropping Alibaba and Tencent as clients ahead of a new Pentagon rule that takes effect on Tuesday. According to Bloomberg, Alibaba has lost five lobbying firms and Tencent has lost four since the Defense Department expanded its list of Chinese military companies earlier this month. The departures leave two […]

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Self-driving firm Momenta opens $752mn Hong Kong IPO

Artificial Intelligence, Cars, China, Digital Marketing, Electric vehicle, Self-driving, SEO Tips, Technology /

Momenta is heading to the public markets. The self-driving software firm has opened its Hong Kong IPO, seeking up to $752mn to pour into AI research and robotaxis. The Momenta IPO would value the GM-backed company at close to $9bn. The Suzhou-based company started taking investor orders this week under stock code 6880. It is […]

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DeepSeek’s $7.4bn raise is one symptom of China’s AI cash surge

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

China’s AI sector is not short of cash. If anything, American pressure is pumping more in. DeepSeek shows the pattern best. The Hangzhou lab closed a $7.4bn round, the biggest first-time raise by a Chinese startup, at a valuation above $50bn. It had run for three years on founder Liang Wenfeng’s own wealth and never […]

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