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AI: Companies

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AI: Companies
Explore cutting-edge AI developments in China that are transforming various industries and reshaping the future.
A visitor walks in front of an Alibaba booth during the China International Supply Chain Expo in Beijing on July 18, 2025. Photo: AP Photo
Alibaba

Alibaba elevates tech chief Wu Zeming to elite committee amid AI push

Wu joins Jack Ma and Joe Tsai in committee of five overseeing group that steers company’s strategy.

IPO

Why Hong Kong is now the launch pad for mainland China’s AI champions

Artificial intelligence

ByteDance loses key AI research leader behind Seed models

Artificial intelligence

Tencent shares jump 10% on expectations of AI agent within WeChat

An AI agent would leverage the app’s ecosystem of mini-programs, payments, content and commerce for 1.4 billion users.

Tencent has repeatedly stressed its cautious approach to adding an agent to its super app. Photo: Reuters
China stock market

China index reshuffle to entrench tech trades and boost AI rally: brokerages

Shanghai exchange revamp lifts tech weighting and adds chipmakers, signalling policy support and investor confidence.

China technology

Editorial | US pressure has only helped make China’s tech giants stronger

Huawei can now bypass ASML’s technology to make the advanced chips that the US has barred from export to China. This has become a familiar story.

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IPO

AI firm MiniMax prepares for mainland China listing after Hong Kong shares surge

Chinese AI model company hires Citic Securities to prepare a mainland share sale, with the listing venue yet to be confirmed.

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Chinese AI model firm MiniMax has officially started plans to sell shares in mainland China. Photo: Shutterstock
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.

Artificial intelligence

China’s MiniMax records 1-million client base, fivefold growth in half a year

Its global user base reaches 300 million while ARR more than doubles in two months, though company reports large total losses.

Science

Chinese team uses supercomputer to cut drug screening time from years to seconds

AI platform that can screen vast library of chemical compounds opens up new frontiers in fight against cancer and infectious diseases.

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Innovative drug research and development typically takes more than 10 years to yield results. Photo: Shutterstock
Artificial intelligence

Alibaba AI beats Google and OpenAI in global coding rankings

The Chinese tech giant is the only non-US firm to crack the top five in Code Arena’s latest leaderboard.

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The logo of Chinese technology firm Alibaba is seen at its office in Beijing. Photo: AP
Artificial intelligence

Kuaishou beats estimates as Kling AI video tool’s revenue jumps 300%

AI unit has annual recurring revenue run rate of roughly US$500 million, Kuaishou says.

Semiconductors

Huawei’s workaround for US chip curbs faces hurdles on road to self-reliance

If proven, the innovation marks a significant milestone for Huawei, which has been cut off from advanced semiconductor technology since 2019.

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US-China tech war

US chipmakers in China see revenue rise, defying trade tensions: Hurun list

American semiconductor firms saw a significant boost in sales from the mainland, as a top list shows which are leading the gains amid high-end silicon demand.

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An AMD logo and a computer motherboard appear in this illustration. Image: Reuters
ByteDance

ByteDance AI films shake up Cannes as TikTok owner challenges Hollywood norms

A new cinematic tool, Seedance 2.0, can generate feature-length movies for a fraction of traditional costs.

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In this photo illustration, the logo of ByteDance’s AI video model, Seedance 2.0, is displayed on a smartphone screen in China’s Jiangsu province. Illustration: Getty Images
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.

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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
Hong Kong stock market

China AI firms Zhipu, MiniMax to join Hong Kong’s Hang Seng Tech Index

Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.

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US-China trade war

Trump scraps signing AI executive order to keep ‘lead’ over China in industry

White House postpones decision on more regulation over fast-growing AI market as it may affect US competitiveness with rivals globally.

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China technology

AI gives China ‘God’s-eye view’ of green sector as data-centre demand booms

Alibaba and Peking University map nation’s extensive green-energy sites – a move that could help stabilise national grid amid surge in computing-power needs.

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Rows of solar panels are seen at a photovoltaic farm in Datong, China. Photo: AP
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
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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US-China trade war

House foreign affairs chair warns AI sales to China could make America a ‘loser’

Brian Mast stressed that American firms must not let the best US technology reach the ‘wrong places’ when it comes to AI industry.

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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.

Job postings have suggested that the harness team would be a core unit within DeepSeek. Photo: Shutterstock
Alibaba

Alibaba teases new Qwen previews, highest-ranking Chinese AI models on Arena

The tech giant released previews of new flagship artificial intelligence models, which scored well on a crowdsourced platform.

The company logo at an Alibaba office. Photo: Handout
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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Science

Will Chinese beat English as the top language for commanding AI?

Study suggests sophisticated AI models can respond better to Chinese than English before learning how to fine-tune geometric modifications.

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