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Artificial intelligence
Self-driving cars and autonomous vehicles
China digital currency
Alibaba
Tencent Holdings
Pinduoduo
Xiaomi
Baidu
JD.com
Kuaishou
Xiaomi’s open-source AI model, MiMo-V2-Flash, is available on the company’s developer site MiMo Studio, Hugging Face and the API Platform. Photo: Shutterstock
Artificial intelligence

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding, and agentic scenarios’, Xiaomi says.

Artificial intelligence

OpenAI in talks to raise US$10 billion from Amazon and adopt Trainium chips

Artificial intelligence

Rapid advances in China’s AI video space lead to widespread tech adoption

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Electric & new energy vehicles

Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market

Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.

A Li Auto vehicle draws crowds at the Beijing International Automotive Exhibition, April 25, 2024. Photo: Reuters
A Li Auto vehicle draws crowds at the Beijing International Automotive Exhibition, April 25, 2024. Photo: Reuters
IPO

Biren Technology’s Hong Kong IPO gets go-ahead from Beijing

Shanghai-based Biren plans to float about 372 million shares on the Hong Kong stock exchange.

IPO

MetaX set for Shanghai debut amid frenzy over AI chip stocks, Nvidia uncertainty

The Shanghai-based graphics processing unit designer plans to raise US$596 million from the sale of 40.1 million shares.

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Made in China 2025

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

Yarrow Bioscience gets exclusive global rights for the GenSci098 therapy to treat thyroid eye disease and Graves’ disease.

A number of Chinese biotech firms have clinched licensing deals with multinational companies this year. Photo: Shutterstock
A number of Chinese biotech firms have clinched licensing deals with multinational companies this year. Photo: Shutterstock
Electric & new energy vehicles

Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving

The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.

Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

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Artificial intelligence

Chinese expert calls for world models and safety standards for embodied AI

Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.

Andrew Yao speaks at the Global Developer Pioneers Summit in Shanghai. Photo: Handout
Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

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Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power. Photo: Shutterstock
Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power. Photo: Shutterstock
US-China tech war

Kimi developer Moonshot shows China’s growing AI depth: US government report

Washington’s evaluation highlights an increasing number of Chinese companies developing world-leading open-weight AI models, not just DeepSeek.

Artificial intelligence

Arm China, RabbitPre among mainland Chinese firms expanding in Hong Kong

Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.

Made in China 2025

China’s Unitree teases platform allowing users to control robots via smartphones

Hangzhou robotics unicorn’s platform is designed to bring embodied intelligence into everyday life.

Unitree Robotics is preparing for a listing on Shanghai’s Nasdaq-style Star Market. Photo: Handout
Robotics

Why Japan’s robotic pioneers are ceding the humanoid stage to China and the US

Japan’s university system has long centred on engineering faculties led by manufacturing, resulting in a relative shortage of AI talent.

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Kawasaki’s humanoid robot Kaleido takes out the rubbish as crowds watch during the IREX show in Tokyo. Photo: Wency Chen
Kawasaki’s humanoid robot Kaleido takes out the rubbish as crowds watch during the IREX show in Tokyo. Photo: Wency Chen
Electric & new energy vehicles

China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.

Artificial intelligence

Sea change: China narrows AI gap with US 3 years after ChatGPT shock

The turning point came when DeepSeek released its V3 and R1 models, which were on par with OpenAI’s GPT and Meta’s Llama models at the time.

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Autonomous vehicles

Chinese robotaxi firm Pony.ai bets on ‘asset-light’ strategy for growth

Firm sees working with partners as the best way to expand service in the mainland and beyond.

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A robotaxi by Pony.ai is parked on a road on November 23, 2025, in Shenzhen, Guangdong Province of China. Photo: VCG/VCG via Getty Images
A robotaxi by Pony.ai is parked on a road on November 23, 2025, in Shenzhen, Guangdong Province of China. Photo: VCG/VCG via Getty Images
China stock market

‘China’s little Nvidia’ warns of overheating risks after 723% share surge

Moore Threads shares drop 13 per cent on Friday after the GPU maker cautions investors to ‘make decisions prudently and invest rationally’.

IPO

China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

Hong Kong equity market offers platform for mainland Chinese AI firms seeking international investors amid intensifying domestic competition.

Blockchain

Coins in sand: how the UAE draws in the global crypto community

At Abu Dhabi Finance Week, insiders give credit to the UAE’s regulatory infrastructure and institutional adoption of digital assets.

Abu Dhabi, the capital of the United Arab Emirates, started regulating cryptocurrencies in 2018. Photo: Shutterstock
Huawei

China’s Huawei ramps up foldable handset battle with global launch of Mate X7

Huawei held nearly 70 per cent of China’s foldable smartphone market in the first three quarters, according to research firm IDC.

The Huawei Mate X7 features a thickness of 4.5mm when unfolded. Photo: Handout
The Huawei Mate X7 features a thickness of 4.5mm when unfolded. Photo: Handout
Artificial intelligence

China’s Xreal to power Google’s Android AI glasses as smart eyewear demand grows

Project Aura, which features dual-chip design and optical see-through lenses, is a fresh example of China’s expanding R&D capabilities.

Artificial intelligence

AI race: Meta reportedly uses Alibaba’s Qwen for its ‘Avocado’ model

Reported move to reinvigorate Meta’s faltering AI effort with new ‘Avocado’ model is another likely win for Chinese AI.

Cryptocurrency

Bitcoin drops below US$90,000 as AI worries sour risk appetite

The fall signals renewed market jitters after the historic crypto crash in October.

Standard Chartered slashes expectations that bitcoin would hit US$200,000 by the end of 2025, lowering its forecast to US$100,000. Photo: Shutterstock
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