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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.
Nvidia was one of the giant US tech companies to sign an open letter urging policymakers to avoid ‘premature restrictions’ on open-weight models. Photo: Shutterstock
US-China trade war

Nvidia, Palantir, Meta warn about ‘premature restrictions’ of open-weight models

Top US tech companies urge policymakers in open letter not to undermine competition and drive more users to Chinese AI systems.

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Huawei

Huawei’s Tau Scaling Law: a new path amid US sanctions

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IPO

Chinese GPU start-up MetaX confidentially files for Hong Kong listing: sources

Artificial intelligence

China’s Kimi K3 well behind US rivals in cyberattack ability, study shows

Kimi K3’s overall score of 32.2 per cent compares with top, unnamed US models that average 76.2 per cent.

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The Moonshot booth promoting its Kimi K3 AI model at the World Artificial Intelligence Conference (WAIC) in Shanghai, July 17, 2026. Photo: Reuters
Artificial intelligence

Opinion | Hong Kong must wake up to the cold hard geopolitics of AI

With AI increasingly being treated as a strategic asset, the city should ensure it has access to the technologies shaping the global finance.

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US-China trade war

More Americans think China is world leader in AI, new survey reveals

Findings come as AI race between Washington and Beijing ramps up and with technology high on agenda at planned Trump-Xi summit in September.

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Banking & finance

Shanghai to launch ‘choke point’ tech funds, relax some pre-profit listing rules

The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market.

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A woman in Beijing walks by a display promoting the Star Market after its establishment in 2019. Photo: AP
Stocks

Macroscope | Emerging markets have a concentration problem. Investors will have to live with it

Investors nervous about the dominance of South Korean and Taiwanese chipmakers can’t afford to ignore them.

Robotics

Alibaba unit says 5-in-1 AI gives robots unified brain, body

ABot framework addresses industry’s lack of a complete, self-evolving system to improve robot capabilities, according to Amap.

US-China trade war

Trump tech official accuses China’s Moonshot AI of stealing from Anthropic

Michael Kratsios alleges Beijing-based company targeted Anthropic’s most powerful model, Claude Fable 5, through large-scale ‘distillation’.

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The Trump administration claims that outputs from Anthropic’s most powerful model, Claude Fable 5, have been incorporated into Moonshot AI's new Kimi K3 model. Photo: Shutterstock
Robotics

Chinese robot maker AgiBot targets a listing in Hong Kong’s booming market

Leading robot maker plans a Hong Kong IPO with Citic, CICC, and Morgan Stanley as sponsors.

An AgiBot A2 humanoid robot learns to pick green leaves of Longjing tea under staff training at the Longjing Tea Plantation in West Lake, Hangzhou, eastern Zhejiang province on May 21, 2026. Photo: Getty Images
Artificial intelligence

China’s Moonshot AI accelerates fundraising push ahead of planned IPO: source

Per a source, the company closes fundraising round at US$30 billion valuation, as it signals it may go public in next six months.

Artificial intelligence

Heat, hardware and high stakes at China’s World AI Conference

SCMP’s Ann Cao just finished covering her sixth WAIC in Shanghai, and is looking forward to the next one.

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US-China relations

Crawfish soup on Mars? US Senate hears worries over China’s scientific ambitions

Republicans point to Beijing’s rising research spending, while Democrats warn Trump’s funding cuts could erode America’s ability to compete.

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A Chinese researcher’s colourful anecdote about serving spicy crawfish soup to astronauts on Mars has been used in a US Senate hearing to highlight concerns over China’s scientific ambitions. Photo: Shutterstock
US-China trade war

As US-Chinese AI model gap narrows, what next for Washington?

China’s major advances in artificial intelligence have intensified pressure on US rivals, leaving American AI policy at a crucial crossroads.

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China’s latest AI model advancements have forced Washington to ponder its next move in the global artificial intelligence race. Image: Shutterstock
Artificial intelligence

Another ‘DeepSeek moment’? What China’s Kimi K3 means for the global AI industry

The new model from Moonshot AI has revived doubts over Silicon Valley’s cost-heavy strategy, but analysts expect demand for compute to keep rising.

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Artificial intelligence

China’s Kimi K3 calls US safety curbs on top AI models into question

New model from Moonshot AI is ‘extremely close’ to OpenAI’s flagship after ‘very big jump’ in capabilities, researcher says.

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Hong Kong stock market

SpaceX slump fails to dent Hong Kong tech as investors seen pivoting

Heavyweights such as Alibaba gain as analysts bet on business models of locally listed tech companies that differ from US counterparts.

Bull statues are seen near screens showing stock prices in Hong Kong. Photo: Reuters
Artificial intelligence

Why China’s open-weight AI model Kimi K3 is sparking anxiety in Silicon Valley

Analysts say Beijing-based start-up Moonshot’s 2.8 trillion-parameter large language model could narrow the gap with the US within ‘weeks’.

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Artificial intelligence

Moonshot AI’s Kimi K3 faces GPU crunch amid US-China tech rivalry

Chinese start-up pauses Kimi K3 subscriptions due to surging demand and compute shortages, highlighting the country’s AI chip challenges.

Alibaba

Alibaba previews Qwen3.8, claiming its strength trails only Anthropic’s Fable 5

Preview reflects the latest phase in China’s AI push, as domestic labs chase parity with US heavyweights.

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With 2.4 trillion parameters, Qwen3.8 is “one of the most powerful models available today”, according to Alibaba. Photo: Shutterstock
Artificial intelligence

AI work agents: China’s Ant, Tencent, Alibaba, Baidu flex for enterprise clients

Top AI summit spotlights race to embed autonomous digital workers into everyday business operations.

People visit the Tencent booth at the World Artificial Intelligence Conference in Shanghai on July 18. Photo: AFP
Artificial intelligence

Opinion | To stay competitive, Chinese brands must learn to command agentic AI

To unlock further success in brand awareness, Chinese firms must appeal to the artificial intelligence agents that are increasingly shaping consumer experience.

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Artificial intelligence

BrainCo claims mind-to-robot link at China’s World AI Conference

Hangzhou-based firm says users can control robots using only their thoughts via EEG headsets, marking a leap in embodied AI tech.

Artificial intelligence

Xi Jinping says ‘one country’ cannot monopolise AI – as it happened

President’s personal attendance seen as a sign of China’s inclusion of artificial intelligence into broader geopolitical strategy.

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President Xi Jinping arrives at the opening ceremony for the World AI Conference in Shanghai on Friday. Photo: AP
Artificial intelligence

Humanoids to Huawei: what to watch as Xi attends China’s top AI event

Gathering will showcase Beijing’s push to compete across the full AI stack, from models and chips to robots, consumer devices.

People walk near the entrance of the the Shanghai World Expo Exhibition and Convention Center, venue for the World Artificial Intelligence Conference, in Shanghai on July 16. Photo: AFP
Artificial intelligence

On-device models steal the spotlight as China’s edge AI sector heats up

A growing number of tech firms are pivoting to lightweight models designed to run entirely on smartphones and laptops.

Semiconductors

CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund

Investors are hoping for a relatively generous allotment rate and sharp gains when the memory-chip maker debuts on Shanghai’s Star Market.

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