Huawei Ascend 950 Production Scales to 750,000 Units in 2026
Huawei Technologies is significantly ramping up production of its most advanced artificial intelligence processor, the Ascend 950PR, aiming to ship approximately 750,000 units in 2026.
DAILY BRIEF · 10 STORIES
The April 30, 2026 brief
Tencent’s Hy3 Preview Wins Positive Developer Reviews, Allegedly Partly Thanks to Anthropic
Tencent’s latest artificial intelligence model, the Hy3 Preview (also known as Hunyuan 3.0 in the domestic market), has generated a wave of positive feedback from the developer community following its open-source release.
China’s Humanoid Robot Engineers Become a ‘Golden Job’ as Salaries Hit 406,100 Yuan
The rapid expansion of China’s embodied intelligence sector has created a massive talent shortage, transforming humanoid robot engineering into one of the country’s most lucrative and sought-after professions.
ShengShu Technology Unveils Motubrain, a World Action Model for Robotic Intelligence
ShengShu Technology, a prominent Chinese artificial intelligence startup, has officially unveiled Motubrain, a highly anticipated “World Action Model” designed to accelerate the development of generalized robotic intelligence.
US-China Tensions Build Over Iran and AI Ahead of Trump-Xi Summit
Diplomatic friction between the United States and China is intensifying in the lead-up to a highly anticipated summit between Presidents Donald Trump and Xi Jinping.
Alibaba-Backed Moonshot AI Considers Hong Kong IPO Following $18 Billion Valuation
Moonshot AI, one of China’s most prominent artificial intelligence startups, is reportedly in the early stages of considering an initial public offering (IPO) in Hong Kong.
Oxford AI Chip Scientist Song Yuhang Returns to China, Joining Nanjing University as Associate Professor
In a significant development for China’s artificial intelligence talent pool, Song Yuhang, a highly regarded AI chip scientist and former co-founder of the UK-based startup Fractile, has returned to his home country.
US House Committees Launch Joint Investigation into Cursor and Airbnb Over Use of Chinese AI Models
The United States Congress has significantly ramped up its scrutiny of domestic technology companies that use Chinese artificial intelligence models.
MiniMax More Than Doubles Revenue in First Post-IPO Results, But Losses Widen
Chinese artificial intelligence startup MiniMax has reported a significant surge in revenue in its first financial results since going public, underscoring the rapid commercialization of generative AI technologies in the domestic market.
Chinese Tech Giants Scramble for Huawei Ascend Chips as DeepSeek V4 Triggers Supply Crunch
The launch of DeepSeek V4 has triggered an unprecedented scramble for domestic artificial intelligence hardware in China. Reuters reports that major technology conglomerates are rushing to secure Huawei Ascend 950 processors.