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AI: Industry Trends

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AI: Industry Trends
Explore cutting-edge AI developments in China that are transforming various industries and reshaping the future.
The Moonshot AI logo is displayed alongside its Kimi app on a mobile phone, in this illustration picture taken July 24, 2026. Photo: Reuters
Artificial intelligence

OpenAI-backed legal tech firm pivots to Chinese Kimi K3 open-weight model

San Francisco-based Harvey says its new model, Harvey Tenet, was post-trained on top of the open-weight Kimi K3 base.

Artificial intelligence

China’s telecoms giants bet on ‘token factories’ as AI drives revenue growth

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Alibaba

What’s next for Alibaba as US$56 billion AI spending plan hits halfway mark?

Hong Kong economy

Embrace AI to boost competitiveness, Paul Chan says at tech festival opening

Finance chief says the technology will open doors for careers at event showcasing humanoid robots, 3D printers and AI experience zones.

Robots on display at the Hong Kong Computer and Communication Festival 2026. Photo: Dickson Lee
Artificial intelligence

Chinese AI firms forced to optimise software as local chips trail Nvidia’s

Surging token usage as artificial intelligence moves into large-scale deployment spurs search for new approaches.

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Science

China’s J-36 fighter jet designers report danger of military AI hallucinations

Content generated by artificial intelligence models can ‘defy basic physics, design principles or operational constraints’.

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Hong Kong stock market

China fund managers stick with AI, chips this month after July sell-off: survey

Investor interest in defensive shares also surges across Asia as more try to hedge against the downside risks of AI investments.

A footbridge with a screen displaying the Shanghai Composite Index is seen in Shanghai’s financial district of Shanghai on Wednesday. Photo: AFP
US-China relations

US urged to follow China’s lead in treating data as an economic asset

Congressional advisory panel urges Washington to develop national strategy as Beijing’s data push gives Chinese firms edge in AI, robotics.

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Artificial intelligence

Meet the Chinese AI star who splashed a reported US$70m on a California mansion

Tony Wu Yuhuai, co-founder of Elon Musk’s AI lab, reportedly buys 12-acre estate, putting a spotlight on China’s Silicon Valley talent.

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Artificial intelligence

Alibaba’s lightweight Qwen takes on OpenAI, DeepSeek, Zhipu’s larger AI systems

Chinese tech giant’s latest offering performed on par with OpenAI’s GPT-5.6 Luna and nearly matched DeepSeek, Zhipu’s open-weight models.

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Chinese tech titan Alibaba Group Holding’s new lightweight AI model Qwen3.8-27B has matched much larger rivals including OpenAI, DeepSeek and Zhipu. Photo: Shutterstock
Artificial intelligence

Zhipu AI’s answer to Project Glasswing marks shift for Chinese cyber safety

Company’s ‘Shield of Open Source’ programme offers free security audits to help users patch software vulnerabilities.

The logo of Chinese AI start-up Zhipu AI on a smartphone. Photo: CFOTO/Future Publishing via Getty Images
Artificial intelligence

Next silicon? AI data centre material faces price spike amid China supply crunch

Beyond GPUs and memory chips, the rapid AI buildout is sparking demand for indium phosphide, a substrate used to power next-generation optical transmission.

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Semiconductors

CXMT value tops 4 trillion yuan as global memory rally lifts China chip champion

Shares jump 12 per cent to a record as bullish signals from SanDisk reinforce expectations that AI-driven memory demand will keep supplies tight.

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Electric & new energy vehicles

China’s self-driving push gears up in Europe as Momenta, Pony.ai expand

Deutsche Bank raises its price target for Momenta while Pony.ai widens partnership with Uber to accelerate autonomous-vehicle roll-out in European cities.

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Momenta has received Germany-wide Level 4 testing approval from the Kraftfahrt-Bundesamt, one of the world’s most rigorous vehicle safety authorities. The approval marks a significant milestone in Momenta’s growth in Europe. Photo: handout
Wealth: Alternative Investments

Look to broader AI infrastructure bets in a maturing market, experts say

After the AI boom of 2023 and 2024, industry specialists explain where investors should turn next for sustainable gains.

Supported by
Standard Chartered Global Private Bank
Data centres, power and connectivity represent the core infrastructure themes reshaping how enterprises allocate capital in the AI sector. Photo: Reuters/AWS
Artificial intelligence

Hong Kong firm bets on Chinese open-weight models to rival CoreWeave

‘Neo-cloud’ provider Antimatter is helping businesses shift away from the US’ frontier AI models, promising lower costs and greater data sovereignty.

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Artificial intelligence

24 hours with Tencent’s WeChat AI agent: successes and stumbles

The new Xiaowei agent promises hands-free control across WeChat’s vast digital ecosystem. I set out to see whether it delivers.

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Artificial intelligence

Home province of DeepSeek, Moonshot founders seeks to retain future AI talent

After losing top founders in artificial intelligence to rivals, the southern province aims to better attract, retain talent.

A view of Guangzhou, in China’s southern Guangdong province. Photo: Shutterstock
Artificial intelligence

Back in the Harness: DeepSeek continues its pivot towards agentic AI

With the launch of Harness, China’s DeepSeek continues to build the foundational digital scaffolding for autonomous AI agents.

Artificial intelligence

Zhipu launches GLM-5.3 model as China seeks Mythos-level edge in cyber defence

Company says GLM-5.3 outperformed leading US systems in cybersecurity tests, beating Anthropic’s Mythos 5 and OpenAI’s GPT-5.6 on CyberGym.

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Alibaba

China’s richest province taps Alibaba to power its AI and chip push

Guangdong province deepens ties with China tech giant to boost digital innovation by focusing on AI, semiconductors and smart services.

Guangdong party secretary Huang Kunming (right), welcomed Alibaba CEO Eddie Wu Yongming to Guangzhou on Thursday to sign a strategic cooperation framework agreement. Photo: itouchtv.cn
Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

Unitree’s G1 humanoid robots sit next to a child interacting with the company's GO2 robot at a Unitree store in Beijing on August 1, 2026. Photo: Reuters
Artificial intelligence

Chinese doctor stuns maths world by cracking decades-old problem using ChatGPT

Jin Shanmu, a Beijing-based neurosurgeon, was trying to solve a problem related to brain ultrasounds. Instead, he made mathematical history.

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Semiconductors

Chinese chip foundries surge as AI boom drives triple-digit profit growth

SMIC, Hua Hong Grace results highlight how local foundries are aggressively running their plants at full capacity to meet domestic needs.

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Artificial intelligence

DeepSeek’s flagship AI model update underwhelms – except in cybersecurity

Chinese AI start-up’s model impresses in niche areas like cybersecurity but leaves some developers disappointed in its overall capabilities.

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Chinese artificial intelligence start-up DeepSeek quietly released an updated version of its latest flagship model, DeepSeek-V4-Pro-0813, on Wednesday. Photo: Reuters
Honor

Robot in a pocket: Honor’s new phone camera nods back at users

The Chinese smartphone maker has integrated embodied AI to control camera movement, along with other features to boost interest amid a cooling market.

Chinese smartphone maker Honor has launched the Robot Phone, a handset with a motorised, fold-out gimbal camera. Photo: Handout
Tencent

Tencent capex jumps 176% on AI push as revenue beats estimates

The firm’s second-quarter revenue surpassed market projections at US$30.4 billion, but the surge in AI spending led to a large negative free cash flow.

Artificial intelligence

Alibaba tests paid AI appetite with US$30 annual assistant subscription

The e-commerce giant launches paid tiers for its office assistant in the Qwen app as costs for artificial intelligence mount.

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