Articles from www.scmp.com

Articles from www.scmp.com

Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO (www.scmp.com)
2 days ago Hong Kong IPO Shanghai

Filing: Beijing-based GPU maker Moore Threads reports Q1 revenue up 155% YoY to ~$107.89M, and a $4.3M net profit, up from a ~$16.46M net loss in Q1 2025 (www.scmp.com)
3 days ago

Huawei plans to spend up to $11.7B over five years to boost compute for training and testing autonomous cars, with ~$2.64B for autonomous driving R&D in 2026 (www.scmp.com)
6 days ago Autonomous Car

China's top market regulator says it is launching a six-month crackdown on the country's online ad sector, targeting malpractices including the misuse of AI (www.scmp.com)
6 days ago China AI

DeepSeek V4 Pro has 1.6T total parameters, its largest model by the metric, and V4 Flash has 284B parameters; both models have a context window of 1M tokens (www.scmp.com)
6 days ago

Tencent releases Hy3-preview, its first AI model developed under former OpenAI researcher Yao Shunyu; the model features 295B parameters, down from HY2's 400B (www.scmp.com)
7 days ago AI Tencent

Chinese PCB maker Victory Giant surges ~57% in its Hong Kong trading debut after raising ~$2.6B in its IPO, the largest in the city so far this year (www.scmp.com)
9 days ago China Hong Kong IPO

Amazon launches its first smart warehouse in Shenzhen, aiming to cut local merchant storage costs by up to 45% as competition with Shein and Temu intensifies (www.scmp.com)
14 days ago Amazon Shenzhen

Chinese photonic chipmaker Yuanjie reported 2025 revenue up 138.5% YoY to ~$86.99M, data center revenue up 719% to ~$56.89M, ahead of its April 1 Hong Kong IPO (www.scmp.com)
2026-3-30 China Hong Kong IPO

The China Computer Federation calls for a boycott of AI conference NeurIPS after organizers barred submissions from US-sanctioned companies like Huawei (www.scmp.com)
2026-3-27 China AI

Baidu joins Alibaba in raising prices for its AI computing power-related services by ~5% to 30% and its parallel file storage system by 30% from April 18 (www.scmp.com)
2026-3-19 Alibaba AI

Multiple responses from DeepSeek's namesake chatbot confirm that the startup has expanded the context window of its flagship AI model from 128K tokens to 1M+ (www.scmp.com)
2026-2-12 Startup AI chatbot

Meituan agrees to buy Dingdong, a Chinese fresh grocery e-commerce company, for $717M in cash; Dingdong had 7M+ monthly transacting users as of September 2025 (www.scmp.com)
2026-2-6 China

Sources: Alibaba has delivered more than 100K units of the Zhenwu 810E, an ASIC for AI training and inference, surpassing those of its domestic rival Cambricon (www.scmp.com)
2026-2-1 Alibaba AI

Filing: Chinese AI chip designer Cambricon reports a $316M net profit in 2025, its first profitable year; rivals Moore Threads and MetaX narrowed their losses (www.scmp.com)
2026-2-1 China AI

DeepSeek launches DeepSeek-OCR 2, an upgraded optical character recognition model that replaces OpenAI-developed CLIP framework with Alibaba's Qwen2-0.5b (www.scmp.com)
2026-1-28 Alibaba

Chinese automotive chipmaker Black Sesame says its Huashan A2000 chip passed the US Commerce and Defense Departments' “relevant reviews” for global sales (www.scmp.com)
2026-1-5 China

DeepSeek researchers detail a new mHC architecture they used to train 3B, 9B, and 27B models, finding it scaled without adding significant computational burden (www.scmp.com)
2026-1-2

Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuation led by IDG Capital, with Alibaba and Tencent participating (www.scmp.com)
2026-1-1 China Alibaba AI Tencent IDG

Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025 (www.scmp.com)
2025-12-31 AI Nvidia

Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong (www.scmp.com)
2025-12-31 Hong Kong IPO AI

Beijing-based DP Technology, which develops AI tools used by researchers for tasks like computer-aided drug design and battery design, raised a ~$114M Series C (www.scmp.com)
2025-12-25 AI Battery

DEEP Robotics, a Hangzhou-based startup that builds quadruped and humanoid robots, raised a $70M Series C to expand R&D and production capacity (www.scmp.com)
2025-12-10 Startup Robot

Chinese short-video company Kuaishou launches Kling Video O1, saying it is the first multimodal AI model to unify video generation, editing, and post-production (www.scmp.com)
2025-12-3 China AI

Alibaba halves Qwen3-Max prices, from $0.861 to $0.459 per 1M input tokens and $3.441 to $1.836 per 1M output tokens for API users, amid China's AI price wars (www.scmp.com)
2025-11-15 China Alibaba AI

Baidu unveils two AI chips: the M100 for efficient MoE inference, launching in 2026, and the M300 for training super-large multimodal models, coming in 2027 (www.scmp.com)
2025-11-13 AI

Alibaba Cloud details a GPU pooling system that it claims reduced the number of Nvidia H20 required by 82% when serving dozens of LLMs of up to 72B parameters (www.scmp.com)
2025-10-20 Alibaba Nvidia

Alibaba says its mapping app Amap's destination ranking feature hit 400M users since its launch in September; Amap had a record 360M daily users on October 1 (www.scmp.com)
2025-10-5 Alibaba

JD.com: sales of the iPhone 17 series in the first minute after pre-orders opened in China surpassed the first-day pre-order volume of 2024's iPhone 16 series (www.scmp.com)
2025-9-14 China iPhone

Beijing-based AIsphere, the startup behind the AI video generator PixVerse, raised a $60M Series B led by Alibaba, and says PixVerse has 100M+ users globally (www.scmp.com)
2025-9-13 Alibaba Startup AI

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