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Coco Feng
Senior Reporter, Tech
Coco Feng joined the Post in 2019, covering the technology and internet sector from the Greater Bay Area. Previously, she worked at the Post's Beijing bureau.
Coco Feng joined the Post in 2019, covering the technology and internet sector from the Greater Bay Area. Previously, she worked at the Post's Beijing bureau.
Areas of Expertise:
Technology, internetLanguages Spoken:
English, Mandarin
Unicorn dismantles offshore structure to pave way for potential listing as investor appetite surges after release of Kimi K3 model.
The start-up joins a growing list of domestic robot makers in China raising capital.
Spirit AI’s Spirit v1.6 briefly dethroned Nvidia on the RoboArena robotics benchmark, but the model was then removed following a methodology overhaul.
China’s tech giants are luring fresh AI graduates by offering salaries that are 16 times the national average.
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In July alone, Situational Awareness, which bet heavily on the AI supply chain, reportedly saw its portfolio value plummet 67 per cent.
Company’s projected annual AI revenue is the largest known to the public among Chinese rivals, but still far behind US AI firms.
Chinese open-weight models are gaining wider adoption overseas, raising concerns in Washington over China’s accelerating AI progress.
Tech founders are not known for ‘restraint’. But a transcript shows Liang Wenfeng is chasing an ultimate goal in AI, not short-term gains.
Leading robot maker plans a Hong Kong IPO with Citic, CICC, and Morgan Stanley as sponsors.
Existing backers Ant Group and Alibaba Group Holding join the equity financing round alongside undisclosed institutional investors.
Market regulator expected to close investigation into top online travel service provider, with potential fines running into billions of yuan.
Preview reflects the latest phase in China’s AI push, as domestic labs chase parity with US heavyweights.
Regulatory headwinds, alongside prolonged IPO delays, have severely dented the unicorn’s valuation.
The US$737 million yuan fund for semiconductor investment to support chip firms with ‘substantial technical know-how and resources’.
Beijing clears the online retail giant to seek an initial public offering in Hong Kong, after its plans to float in London and New York hit a dead end.
Beijing aims to ‘temporarily ease the training bottleneck’ in China’s AI industry, but it remains focused on tech self-sufficiency, analysts say.
UBS and Jefferies project the firm’s revenue to accelerate to 9% in June quarter, well above the 3% recorded in the previous quarter.
The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.
Like maritime trade centuries ago, the space economy is built on high-risk, high-value journeys. Hong Kong wants to be its insurance hub.
Shanghai-based Fysics AI says Fysiverse is a ‘new-generation physics-based world model that adheres to real-world physical laws’.
Chinese media investigation alleges Meituan paid merchants to expose rival practices while facing similar complaints itself.
New model ranks second globally on Code Arena list for front-end web development tasks, trailing only Anthropic flagship Claude Fable 5.
A new model deployed at Hong Kong Observatory and National Meteorological Centre uses machine learning algorithms to boost forecast accuracy.
Police in Sichuan say they dismantled the months-long operation ahead of the finale of the online retail ‘618’ festival.
Wave of Chinese insurers is underwriting rockets and satellites, turning space risk into a new front in the China-US rivalry.
The firm is laying off some employees at its cloud unit amid ongoing restrictions on cross-border data flows between the two countries.
While Chinese chipmakers have found success in supporting AI inference, they are struggling with the far more complex process of training.
Chinese company Navee completes the maiden flight of craft that glides above the water on a cushion of air.
Spirit AI says its foundation model for embodied intelligence is the first from China to top the RoboArena global leaderboard.
