ByteDance, the Beijing-based parent company of TikTok and the Doubao AI assistant, is developing its own central processing units to support its growing AI infrastructure, according to an exclusive Reuters report published on May 28.
China’s pharmaceutical industry is producing results that would have seemed implausible five years ago. Of the 19 innovative drugs cleared by China’s National Medical Products Administration (NMPA) for sale so far in 2026, 15 came from domestic Chinese companies, according to South China Morning Post reporting published on May 27.
China’s approach to AI governance is entering a new phase.
BYD, the world’s largest electric vehicle maker, has made a commitment that no other automaker has attempted: if a driver activates the company’s God’s Eye advanced driver-assistance system and an accident still occurs, BYD will cover the costs.
MiniMax, the Shanghai-based AI startup best known for its M-series large language models and the Hailuo AI video generation tool, has disclosed growth metrics that underscore the accelerating commercial momentum of China’s second-tier AI companies.
China’s AI industry is undergoing a strategic reorientation. The chatbot era, defined by text generation, question answering, and conversational interfaces, is giving way to what Chinese technologists are calling “physical AI” or “embodied AI”: systems that can perceive, reason, and act in the real world.
Alibaba has a new bet on the future of work, and it runs like a mule.
China’s largest domestic DRAM maker has cleared a critical hurdle on its path to a landmark public listing. ChangXin Memory Technologies (CXMT) received approval from the Shanghai Stock Exchange on May 29 to list on the STAR Market, China’s technology-focused exchange, according to Bloomberg and the Wall Street Journal.
When China’s Ministry of Industry and Information Technology launched its first full lifecycle management platform for humanoid robots in late May, it was widely reported as a governance framework in its infancy. Four days later, the numbers tell a different story.
China is moving to create an entirely new class of financial derivative built around artificial intelligence.
