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Artificial intelligence
Self-driving cars and autonomous vehicles
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Alibaba
Tencent Holdings
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Xiaomi
Baidu
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Kuaishou
SenseTime’s AI-powered interactive machine, SenseRobot, plays a round of chess at the Hong Kong Science Park. Photo: Edmond So
Artificial intelligence

SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

The Chinese AI pioneer also releases first robot dog under new venture Ace Robotics.

Robotics

CATL marks trailblazing deployment of humanoid robots at scale in China plant

Alibaba

Alibaba deepens ecosystem with Qwen-Amap tie-up for routes, restaurants and more

Artificial intelligence

ByteDance AI model usage grows over tenfold on strong demand from Chinese firms

‘AI is being adopted at an unprecedented speed,’ Tan Dai, president at cloud unit Volcano Engine, says.

CILACAP, INDONESIA - MARCH 29, 2025: ByteDance is a Chinese technology company, best known for creating the popular social media platform TikTok.
CILACAP, INDONESIA - MARCH 29, 2025: ByteDance is a Chinese technology company, best known for creating the popular social media platform TikTok.
Artificial intelligence

AI agent maker Manus hits US$100 million revenue milestone in 9 months

Manus 1.5, launched in October, boasts improvements in speed and reliability across research and web development tasks.

IPO

Holiday rush: Hong Kong IPO market sparkles with busiest December in years

From biotech to AI, December’s listings – including at least 15 down the stretch – crown the city’s revival in equity fundraising.

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Electric & new energy vehicles

BYD ups the ante on L3 autonomous cars, begins testing for mass production

BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.

BYD says it has completed more than 150,000 kilometres of real-world L3 testing. Photo: Xinhua
BYD says it has completed more than 150,000 kilometres of real-world L3 testing. Photo: Xinhua
Hong Kong stock market

Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

Robotics

China cements global lead in smart vacuums as Picea acquires Roomba maker iRobot

Last month, Picea subsidiary Santrum bought about US$191 million of iRobot’s outstanding debt from the investment firm Carlyle Group.

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Artificial intelligence

China’s open-source AI models rival US giants, making engagement urgent: report

The report calls on US actors to engage with Chinese firms as the AI landscape continues to evolve.

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Chinese AI developers are largely pursuing an open-source approach, releasing the weights of their models for end-users to freely deploy and modify. Photo: Shutterstock
Artificial intelligence

Tencent shakes up AI operations, names recent recruit as chief AI scientist

Vinces Yao Shunyu now serves as chief AI scientist under the CEO’s office, reporting directly to Tencent president Martin Lau.

Tencent Holdings’ latest restructuring underscored the intense competition in the country’s fast-developing AI sector. Photo: Shutterstock
Tencent Holdings’ latest restructuring underscored the intense competition in the country’s fast-developing AI sector. Photo: Shutterstock
Xiaomi

Memory crunch: China’s Xiaomi and Honor raise tablet prices as chip costs surge

Supplies of memory products for electronic devices squeezed by AI pivot of chipmakers, spurring companies to pass on costs to consumers.

Electric & new energy vehicles

Xpeng CEO dismisses AI bubble fears, predicts more affordable robots soon

He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.

Artificial intelligence

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.

Xiaomi’s open-source AI model, MiMo-V2-Flash, is available on the company’s developer site MiMo Studio, Hugging Face and the API Platform. Photo: Shutterstock
Artificial intelligence

OpenAI in talks to raise US$10 billion from Amazon and adopt Trainium chips

The deal is under discussion could value OpenAI upwards of US$500 billion, a source said.

OpenAI was last valued at US$500 billion in an employee share sale. Photo: Reuters
OpenAI was last valued at US$500 billion in an employee share sale. Photo: Reuters
Artificial intelligence

Rapid advances in China’s AI video space lead to widespread tech adoption

Cutting-edge tools from Shengshu, Kuaishou, Alibaba Cloud and SenseTime transform content creation for marketers and creators alike.

videocam
Electric & new energy vehicles

Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market

Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.

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IPO

Biren Technology’s Hong Kong IPO gets go-ahead from Beijing

Shanghai-based Biren plans to float about 372 million shares on the Hong Kong stock exchange.

Biren Technology is expected to raise about US$300 million from its Hong Kong listing, according to Chinese media reports. Photo: Handout
Biren Technology is expected to raise about US$300 million from its Hong Kong listing, according to Chinese media reports. Photo: Handout
IPO

MetaX set for Shanghai debut amid frenzy over AI chip stocks, Nvidia uncertainty

The Shanghai-based graphics processing unit designer plans to raise US$596 million from the sale of 40.1 million shares.

Made in China 2025

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

Yarrow Bioscience gets exclusive global rights for the GenSci098 therapy to treat thyroid eye disease and Graves’ disease.

Electric & new energy vehicles

Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving

The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.

The Baidu-BAIC Arcfox robotaxi is seen on the road. Photo: Shutterstock Images
Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

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ByteDance is the leading recruiter of tech talent in mainland China this year. Photo: AFP/Getty Images/TNS
ByteDance is the leading recruiter of tech talent in mainland China this year. Photo: AFP/Getty Images/TNS
Artificial intelligence

Chinese expert calls for world models and safety standards for embodied AI

Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.

Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

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US-China tech war

Kimi developer Moonshot shows China’s growing AI depth: US government report

Washington’s evaluation highlights an increasing number of Chinese companies developing world-leading open-weight AI models, not just DeepSeek.

Moonshot’s flagship Kimi K2 Thinking model has stunned the global AI community with its impressive writing skills. Photo: Shutterstock
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