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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.
AI-related disruptions are projected to lead to more mergers and acquisitions, accelerating automation, especially in the software-as-a-service industry. Photo: Shutterstock
Mergers & Acquisitions

How AI ‘scare trade’ is sparking an M&A rush by traditional firms, start-ups

AI start-ups and legacy firms clash in capital markets, spurring M&A as the technology reshapes industries.

United States

US Treasury to stop using Anthropic AI tech, including Claude platform

Artificial intelligence

AI-aided US strikes in Iran to intensify China tech self-reliance push: analysts

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Artificial intelligence

Hong Kong-listed AI firm MiniMax’s revenue jumps 159% on strong demand

Shanghai-based company predicts revenue will double this year, based on strong user growth for its M2.5 model.

MiniMax looks to capitalise on exploding interest in agentic AI products this year. Photo: Shutterstock
Huawei

Huawei holds global debut for AI computing clusters in challenge to Nvidia

US-sanctioned Huawei Technologies brings ‘world’s most powerful’ AI compute systems to an international audience at MWC Barcelona 2026.

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China jobs

From gala spectacle to job scare: Chinese workers confront the AI threat

The country’s economy – with an expansive public sector – is better positioned to withstand AI shocks, but more government support is needed.

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China-Middle East relations

Meet Habibi – the Chinese AI uniting 20 Arabic dialects in a Middle East first

Lead author says there are many differences between Arabic dialects and Modern Standard Arabic, which is used in official circumstances.

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Habibi, a model devised by a Chinese-led team, has “zero-shot” capability, meaning it can clone a dialect’s voice by using short reference audio, according to the researchers. Photo: Shutterstock
United States

Anthropic vows to sue US after Trump tells government to stop using firm’s AI

The start-up has refused to let its models be used for the mass surveillance of US citizens or deployed in fully autonomous weapons systems.

Semiconductors

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent.

Artificial intelligence

Outside In | Everyone agrees that AI is big. No one agrees on what comes next

Job fears, environmental strain and security threats are fuelling the botlash, yet experts remain divided over its net impact – and our ability to contain the risks.

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A protest against Elon Musk’s xAI, federal law enforcement agents, the deployment of the National Guard during the “Get Out of Memphis” protest in Tennessee, US, on October 4, 2025. Photo: AFP
Baidu

Baidu touts AI chips’ potential amid sluggish fourth quarter

Revenue from the company’s AI-related business for the December quarter rises 48 per cent year on year to more than US$1.6 billion.

Baidu reported revenue of 32.74 billion yuan for the fourth quarter. Photo: AFP
Artificial intelligence

Facebook owner Meta goes ahead with Manus merger despite Beijing probe

Some Manus employees in Singapore move into Meta’s offices and have been given corporate accounts and other access, two sources said.

Huawei

China’s Huawei joins US giants OpenAI, Google in AI standards alliance

In a rare instance of collaboration, the Chinese tech titan will partner with US and European firms to improve standards in the field.

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Artificial intelligence

Nvidia reports record earnings quarter as China’s H200 sales freeze persists

Nvidia warns China market for powerful GPU remains uncertain, even as data centre revenue surges to new highs.

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The pipeline for Nvidia’s H200 chip remains dry in China. Photo: AFP
Semiconductors

Why SJ Semiconductor matters in China’s race to build home-grown AI chips

SJ Semiconductor’s listing highlights the growing role of chip packaging in China’s strategy to narrow the technology gap.

SJ Semiconductor, a key player in China’s advanced chip packaging sector, has received approval to list on Shanghai’s Nasdaq-style Star Market. Photo: Shutterstock
Banking & finance

South Korean investors pour millions into Chinese AI and tech stocks

Despite a sizzling home market, the country’s investors are stepping up buying on the Hong Kong and mainland exchanges this year.

India

Opinion | How India can lead the charge for inclusive AI

The AI Impact summit showcased India’s commitment to placing human well-being at the heart of the global artificial intelligence conversation.

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Artificial intelligence

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

Xiaomi bets big on core technologies, including operating systems, to position itself as a deep-tech player amid China’s self-reliance push.

Xiaomi CEO Lei Jun says the biggest advantage of private enterprises is their proximity to the market and users. Photo: Handout
China technology

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse: mayor

Leading in R&D density, AI innovation and start-up cultivation, Shenzhen is building a full-stack AI ecosystem, according to the mayor’s annual work report.

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Artificial intelligence

Chinese investors shrug off AI fears after Citrini report sparks US sell-off

Analysts dismiss Citrini’s AI doomsday scenario, citing US market irrationality and China’s low digital penetration.

Artificial intelligence

Anthropic’s allegations against Chinese firms expose AI training grey area

The US AI lab says DeepSeek, Moonshot AI and MiniMax AI used its systems to improve their models’ capabilities.

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Anthropic said that DeepSeek, Moonshot AI and MiniMax AI allegedly used roughly 24,000 fraudulent accounts to generate more than 16 million exchanges with its Claude models. Photo: AFP
Artificial intelligence

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

Alibaba’s AI app Qwen saw nearly 200 million orders placed during the holiday period. Photo: Reuters
Ant Group

Ant’s AQ health app tops 100 million users amid holiday surge

Growth comes as China’s ageing population fuels demand for AI-assisted health monitoring tools.

Artificial intelligence

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Hong Kong stock market

Why is the Hang Seng Tech Index underperforming while AI shares soar?

The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold.

The Hang Seng Tech Index, which includes Tencent Holdings, Alibaba Group Holding and Meituan, has fallen 5.5 per cent this year. Photo: Jonathan Wong
US-China relations

China’s extreme 996 work schedule meets US tech’s hustle culture

Why advocates believe 996, the controversial 9am to 9pm, six-day-a-week culture popularised in China, can give American firms decisive edge.

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China’s 996 work culture – a schedule of 9am-9pm, six days a week – has become a hot topic for the next generation of tech founders in the United States. However, such military-style management is not for everyone. Photo: Shutterstock
Artificial intelligence

Video | Chinese robodog passed off as India-made at AI summit

Following online backlash, Galgotias University said it did not develop the model sold by Chinese start-up Unitree.

US-China trade war

Washington offers US$200 million to boost US smartphone industry in Indo-Pacific

State Department subsidies for US companies to shore up US artificial intelligence supply chain in region and counter China’s dominance.

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