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A Unitree robot works in a hardware store in Pocking, Germany. The robot operates in supervised mode and its goal, according to the store operator, is to support employees, not replace them. Photo: EPA
Robotics

Unitree clears Shanghai IPO hurdle as China’s humanoid robot wave gathers pace

Listing plan highlights Unitree’s push to invest more in robot ‘brains’ as it joins competitors in China’s humanoid rush.

E-commerce

Meituan reports third consecutive quarterly loss amid rivalry in food delivery

Robotics

World of humanoid robots set for new blueprint as Nvidia teams with Asian firms

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Artificial intelligence

How MuleRun plans to outpace OpenClaw: Alibaba bets on ‘always-on AI workforce’

MuleRun lowers adoption hurdles, positioning Alibaba’s agentic AI as a safer alternative, with reach across 43 countries.

MuleRun offers agents for different tasks, including video generation, stock analysis and social media management. Photo: Handout
MuleRun offers agents for different tasks, including video generation, stock analysis and social media management. Photo: Handout
Semiconductors

Peking University unveils design tool to power Huawei’s chip ambitions

The university’s new chip design software is compatible with Huawei’s LogicFolding architecture introduced on Monday.

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Semiconductors

Nvidia ‘likely the most concerned’ as Huawei bets on new chip architecture law

Chip advance marks big step accelerating China’s semiconductor self-reliance push and promises leaps in AI computing power.

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Ant Group

Alipay’s AI Wallet and Token Pay a big bet on the future by Ant Group

Chinese fintech giant looks to dominate the transaction layer of the emerging ‘agent economy’ as AI evolves to executing real-world tasks.

The Alipay logo is displayed next to a QR payment code on the app. Photo: Reuters
The Alipay logo is displayed next to a QR payment code on the app. Photo: Reuters
Huawei

Huawei unveils new scaling law and tech that narrows gap with TSMC, Samsung

The Chinese tech giant’s breakthrough is a major milestone in its mission to create a self-reliant semiconductor ecosystem.

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Alibaba

‘Sharif speed’ meets Qwen AI: how Alibaba sealed a sweeping deal with Pakistan

Chairman Joe Tsai uses firm’s mobile AI tool to draft a sweeping tech pact in moments, as ‘frontier technologies’ increasingly enter the global limelight.

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Artificial intelligence

Xiaomi is pouring billions into AI to future-proof its hardware empire

Beijing-based firm bets on frontier tech, from topping AI benchmarks to designing chips that rival Apple, to secure its long-term survival.

Xiaomi has recently committed more than US$8.8 billion to AI investments over the next three years. Photo: AFP
Artificial intelligence

DeepSeek V4 Pro tops global bang-for-buck ranking after 75% price cut

Model ranks among world’s best for intelligence per dollar thanks to now permanent price cut, according to Artificial Analysis.

On Saturday, DeepSeek made a 75 per cent price cut for the V4 Pro model permanent. Photo: AFP
On Saturday, DeepSeek made a 75 per cent price cut for the V4 Pro model permanent. Photo: AFP
Hong Kong stock market

SpaceX share sale won’t drain Hong Kong IPO boom, JPMorgan says

Bank sees strong demand for Chinese AI, robotics and healthcare listings despite SpaceX’s projected record-breaking IPO in the US.

US-China tech war

China rejects claims of curbing US tech funding as Beijing pursues self-reliance

While reaffirming Beijing’s openness, the NDRC also stressed its support for home-grown AI and semiconductor industries.

Artificial intelligence

China behind in LLM race but it can still win in AI, ex-Tencent AI lead says

In the AI era, the problem with being a technological follower is the constant risk of having the rug pulled from under you, Liu says.

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Liu Wei, founder and CEO of Video Rebirth, interviewed at the start-up’s office in Science Park, Sha Tin, May 15, 2026. Photo: Sun Yeung
Artificial intelligence

Alibaba signals next phase of AI growth from investment to commercialisation

Chinese e-commerce and cloud computing giant forecasts 30 billion yuan AI revenue in 2026, with agents driving more than half of cloud sales.

Alibaba stands at a critical inflection point in the development of artificial general intelligence, according to a letter to shareholders. Photo: AFP
Alibaba stands at a critical inflection point in the development of artificial general intelligence, according to a letter to shareholders. Photo: AFP
Artificial intelligence

Alibaba unveils new Qwen model, custom chips in bid to become China’s AI factory

Chinese tech giant launches Qwen3.7-Max, its new large language model designed as a robust foundation for AI models.

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Artificial intelligence

DeepSeek adds former Jane Street engineer to harness team amid agentic AI push

Move underscores start-up’s efforts to build harnesses – software that turns an AI model into a functional and autonomous AI agent.

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Semiconductors

Does China’s rapid chipmaking expansion threaten the global AI memory chip boom?

Rising Chinese output and shifting investment patterns may weigh on the semiconductor sector’s outlook, Samsung adviser says.

Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. Photo: Reuters
Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. Photo: Reuters
Artificial intelligence

China’s Moonshot AI moves to unwind offshore structure in IPO pursuit: sources

Beijing-based unicorn tells shareholders it will dismantle VIE model as regulators tighten oversight, as shift may signal new era for foreign tech investment.

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China’s private sector

Baidu says AI now primary business driver despite 2% drop in first-quarter revenue

Analysts expect the company’s AI marketing services base to steadily grow to reduce declines in advertising revenue and boost profits.

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Artificial intelligence

Forget cellular data: China’s telecoms giants are selling AI token plans

China Telecom and China Unicom’s Shanghai branch are among the latest telecommunications carriers to offer token-based packages to consumers.

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All three major telecom operators in China now offer tokens-based packages to consumers. Photo: AFP
Artificial intelligence

Chinese tech giants race to dominate AI-powered digital gateways

The integration of agentic AI with sites like Taobao and JD.com is reshaping shopping, but the bigger promise is an agent within WeChat.

A Taobao and Tmall display is seen at the Alibaba office in Beijing on April 1. Photo: AFP
A Taobao and Tmall display is seen at the Alibaba office in Beijing on April 1. Photo: AFP
Artificial intelligence

China ramps up building national computing power network as AI token use surges

Beijing casts computing power as a national infrastructure, likening tokens to mobile data as telecoms firms roll out mass-market packages.

2026 Xi-Trump summit

Trump poured millions into tech giants seeking China deal, ethics filing shows

In the first quarter, Trump made at least nine trades in Nvidia, with transaction values ranging from US$1,001 to US$5 million.

Artificial intelligence

Ex-Meta Chinese star joins race for self-improving AI with US$4.6b start-up

The funding round was led by venture capital firms GV and Greycroft, with ‘major participation’ from Nvidia and AMD.

AI systems that can automate the AI research and development process have long been seen as the holy grail of AI research. Photo: Shutterstock Images
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