Nvidia retained a commanding 55% share of China’s artificial intelligence chip market in 2025, shipping 2.2 million AI accelerators to Chinese customers despite the progressive tightening of US export controls, according to IDC data reviewed by Reuters.
Volant Aerotech, a Chinese startup developing electric vertical take-off and landing (eVTOL) aircraft for urban air mobility, has raised $147 million in a new funding round, according to Caixin Global. The capital injection comes as the company accelerates its development timeline and prepares for a potential initial public offering.
China is moving to establish a comprehensive legal framework for artificial intelligence and the low-altitude economy, with Vice Minister of Justice Wu Zeng announcing at a press conference on Wednesday that legislation in both areas will be accelerated throughout 2026.
The 2026 World Intelligence Expo opened on Wednesday in Tianjin Municipality, drawing more than 500 exhibitors from 30 countries for a four-day showcase of China’s most advanced artificial intelligence and smart technology developments.
Chinese scientists have unveiled an artificial intelligence drug discovery platform that compresses the initial compound screening phase of pharmaceutical research from years to seconds, achieving a throughput that is one million times faster than the previous world record for supercomputing molecular docking.
Researchers at Peking University’s School of Integrated Circuits have unveiled a prototype electronic design automation (EDA) tool that takes a fundamentally different approach to chip design, and one that is directly compatible with Huawei Technologies’ newly announced LogicFolding semiconductor architecture.
China’s Ministry of Industry and Information Technology released a comprehensive 2026 work plan on automotive standardization on Tuesday, outlining an ambitious agenda to establish technical rules for electric vehicles, artificial intelligence systems, and automotive semiconductors.
China has formally extended its Xinchuang technology localization campaign to artificial intelligence chips, creating a new certification category for “AI training and inference chips” and publishing the first batch of approved domestic products.
Alibaba Group Holding’s Qwen3.7-Max has secured the fourth position on the Code Arena global coding leaderboard, achieving a score of 1,541 and becoming the only non-US model in the top five.
Kuaishou Technology has reported a dramatic acceleration in its artificial intelligence business, with its Kling AI video generation platform generating over 650 million yuan in revenue during the first quarter of 2026, a year-over-year increase exceeding 300%.
