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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.
OpenAI CEO Sam Altman arrives for a meeting at the White House in Washington on July 30. Photo: Reuters
Artificial intelligence

OpenAI blinks in face-off with Chinese rivals, making big price cuts

Dramatic move makes GPT-5.6 Luna the ‘most attractive’ in intelligence-per-dollar rankings, above Zhipu AI’s GLM-5.2 and MiniMax’s M3.

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Artificial intelligence

Exclusive | RedNote eyes US$2.2b data centre as China ramps up AI infrastructure: source

Apple

Apple’s Tim Cook warns Siri AI roll-out in China will take time

Ant Group

Ant Group spin-offs pursue independent growth with strategic capital moves

The Chinese fintech giant’s three spin-off units are accelerating their capital-raising efforts after gaining operational autonomy in 2024.

The Ant Group booth at the World Artificial Intelligence Conference in Shanghai on July 17, 2026. Photo: Reuters
Banking & finance

Finance firms set to pour more into AI amid ‘data divide’ fears

A majority of surveyed asset managers said they would raise their AI budgets next year, affecting data management and workforce dynamics.

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Artificial intelligence

How ByteDance’s Seedance model empowers China’s nascent AI drama industry

China’s studios are using ByteDance’s model to cut production times from months to weeks and drive down video creation costs.

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Hong Kong stock market

Zhongji Innolight sees rocky start as shares fall on Hong Kong IPO amid AI sell-off

The Chinese firm completed Hong Kong’s biggest IPO of the year, but its debut comes amid waning investor confidence in AI-related stocks.

A view of Exchange Square in Hong Kong. Zhongji Innolight has completed the biggest listing on the city’s stock market so far this year. Photo: Jelly Tse
Beauty

How China’s beauty brands are using AI to turbocharge the industry

From speeding up development to discovering new cosmetic ingredients and trends, AI is changing how Chinese beauty products come to market.

Artificial intelligence

Global quest: China’s Moonshot AI seeks ambassadors to expand Kimi’s influence

Start-up is recruiting entrepreneurs, developers, creators and students who use Kimi to share their experiences with broader communities.

Hong Kong stock market

Why is Zhongji unveiling US$1.2 billion in buy-backs before its Hong Kong debut?

The optical-module maker plans to buy back shares denominated in yuan to anchor pricing before its initial public offering in the city.

A general view of Exchange Square in Central on July 21. Photo: Jelly Tse
Artificial intelligence

Opinion | China should lean into its defining AI advantage – accessibility

Chinese systems need not top every benchmark before becoming major suppliers of the world’s artificial intelligence infrastructure.

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People walk past Qwen’s booth during the 2026 Mobile World Congress in Barcelona, Spain, on March 2. Chinese open-weight models accounted for 41 per cent of downloads on Hugging Face in the year to February 2026, compared with 36.5 per cent for American models. Photo: Xinhua
China technology

Advanced tech now accounts for 1 in 6 valid invention patents in China

Hi-tech manufacturing and digital industries such as AI have emerged as key drivers of economic growth.

Artificial intelligence

Lenovo Capital takes aim at robotics, coding agents in ‘sniper’ AI strategy

Chinese firm makes long-term bets on 100 artificial intelligence companies, from chip and hardware manufacturers to models and applications.

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Artificial intelligence

Chinese AI chipmaker Cambricon aims for US$14b revenue over 3 years

Initiative reflects push to retain core talent amid intensifying competition to develop and commercialise domestic AI chips.

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The scheme covers more than 85 per cent of its 1,107-person workforce as of the end of 2025, according to Cambricon. Photo: Getty
US-China trade war

US bans new Chinese robots, power inverters in latest tech crackdown

Trump administration cites threats to US national security and supply chain vulnerabilities as reasons for latest sanctions.

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A wheeled robot by Shanghai-based robot maker AgiBot operates at a supermarket checkout. The Trump administration announced bans on imports of new Chinese robots on Tuesday. Photo: Handout
US-China trade war

Nvidia’s Jensen Huang meets US officials as issues grow over China chip access

Washington visit comes amid investigation into whether restricted processors were used to train Moonshot AI models.

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Alibaba

From CXMT to Zhipu AI, Alibaba’s strategic investments are paying off

The company’s strategic shift to AI and chip investments is not only yielding significant returns, but also boosting its tech portfolio.

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Artificial intelligence

Can Anthropic CEO’s chip ban proposal curb China’s AI advancements?

Dario Amodei wants the US to retain its AI advantage over China, highlighting distillation risks and advocating mandatory model safety tests.

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Anthropic co-founder and CEO Dario Amodei speaks at an AI conference in San Francisco last year. Amodei is urging Washington to tighten chip export bans and clamp down on Chinese "distillation". Photo: Getty Images
Artificial intelligence

Exclusive | Chinese AI developers may shift to ‘paid weights’: Goldman Sachs

As use of Chinese artificial intelligence soars, companies will look to boost revenue capture, says bank’s head of Asia internet research.

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US-China relations

US congressional group plans annual visits to China after trade trip

The fact-finding mission by members of a congressional advisory body to Beijing, Shanghai and Hangzhou was the first of its kind since 2019.

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Artificial intelligence

Backlash vs boom: US, China townships diverge in the global AI data centre race

In China there is a nationwide scramble for data centres, with some major cities losing out to towns and counties for new investments.

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Some experts are concerned that an overzealous data centre race may lead to overbuilt infrastructure. Photo: Shutterstock Images
DeepSeek

DeepSeek founder Liang Wenfeng’s surprising philosophy revealed in leak

Tech founders are not known for ‘restraint’. But a transcript shows Liang Wenfeng is chasing an ultimate goal in AI, not short-term gains.

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DeepSeek founder Liang Wenfeng says his company sets prices to earn only a reasonable profit. Photo: Weibo
Technology

Opinion | The West is debating AI’s future with half the world absent

Any meaningful debate must include China, where the AI experiment is also running, at greater speed and scale and with different results.

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Artificial intelligence

Supernodes hold promise to break China’s AI bottlenecks – but will they deliver?

Tech firms are racing to build colossal clusters for next-gen AI, but cost, power and scale remain challenges.

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China’s private sector

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

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Illustration: Davies Christian
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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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
Huawei

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

Company founder Ren Zhengfei says the new framework is crucial for survival, enabling chip advancements without EUV lithography.

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China trade

China energy giant expands Korean footprint, helps fuel Seoul’s AI ambitions

The state-owned firm’s new project, independently managed by the company’s South Korean subsidiary, brings its number of power facilities in the country to five.

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