INTERVIEW: Maase pursues AI infrastructure in new business initiative
The company plans to invest up to 5 billion yuan over the next five years on its Stars Distributed Intelligent Computing Center AI infrastructure project By Doug Young As a…
Moonshot aims for meteoric valuation with a $3 billion Hong Kong IPO plan
Following back-to-back listings by Z.AI and MiniMax, the startup behind the Kimi chatbot is reportedly seeking a $50 billion valuation through a Hong Kong IPO Key Takeaways: Moonshot has reportedly…
Lens Technology’s profit plunges in first half of 2026
Smartphone glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) reported its revenue fell 12.4% year-over-year to 28.9 billion yuan ($4.3 billion) in the first half of this year, while its…
How AI agents are reshaping China’s office ecosystem
China’s AI office race is heating up as tech giants and software vendors push agents beyond chatbots toward execution of workplace tasks as ‘digital employees’ By CLS Marketwatch The…
Saimo Technology swings to the red amid business pivot
Intelligent connected vehicle (ICV) simulation testing company Beijing Saimo Technology Co. Ltd. (2571.HK) said last Friday it expects to report its revenue ranged between 72 million yuan ($10.67 million) and 75 million yuan…
Where China’s AI models make their money
Unlike overseas rivals that rely on subscriptions and APIs, Chinese AI vendors are monetizing through cloud platforms, project contracts and compute usage By LeadLeo Research Institute As commercialization of…
U.S. spares DeepSeek from Commerce Department blacklist
The U.S. will hold off from adding large language model AI company DeepSeek to a trade blacklist, as Donald Trump seeks to avoid escalating tensions with China, Reuters reported. Alongside…
