DeepSeek Makes Permanent 75% Price Cut on V4 Pro In a bold move shaking up the AI frontier, DeepSeek has permanently slashed the price of its flagship V4 Pro model by 75%.
In a decisive move to confront the evolving challenges of youth employment in the age of artificial intelligence, China has unveiled a comprehensive national action plan aimed at securing jobs, fostering new employment opportunities, and enhancing job quality for its younger population.
MiniMax’s Meteoric Rise Fuels Plans for Mainland China Listing MiniMax, one of China’s leading artificial intelligence firms, has seen its shares skyrocket 400% since its initial public offering (IPO) in January 2026. This remarkable surge has intensified investor interest and paved the way for the company’s planned dual listing on mainland China’s stock exchanges.
As artificial intelligence (AI) reshapes the global financial landscape, the job markets in Hong Kong and Singapore are experiencing a significant chill, particularly affecting junior and back-office roles.
Unitree Opens Asia’s First Robotic Experience Center in Shanghai On May 31, 2026, Unitree Robotics unveiled Asia’s first-ever robotic experience center in Shanghai, as reported by the Global Times. The opening attracted large crowds eager to interact with some of the company’s most advanced robots, including humanoid models and the popular Go2 robot dogs.
China has taken a major step toward sustainable artificial intelligence development with the launch of its first full-stack green AI computing platform in Hohhot, the capital of Inner Mongolia Autonomous Region.
Lenovo’s Record-Breaking FY2025/26 Results Signal a New AI Era Chinese tech giant Lenovo has delivered a stunning performance in its FY2025/26 financial results, reporting record revenues of $83.1 billion, a 20% year-over-year increase. The company’s impressive growth, particularly its rapid expansion in AI-related products and services, has captured investor attention worldwide.
Alibaba and UEFA Forge Groundbreaking AI Partnership In a significant move set to redefine how fans experience European football, Alibaba Group has signed an exclusive six-year partnership agreement with UEFA.
China is stepping up its protection of intellectual property in the digital age with new trade secret regulations that come into effect on June 1, 2026.
Beijing’s Premier Party Journal Signals New Direction for China’s Tech Giants In a clear message to China’s leading technology platforms, the Communist Party’s flagship theoretical publication, Qiushi, is urging major players such as Alibaba, Meituan, and PDD Holdings to abandon destructive price wars and focus on innovation, particularly in artificial intelligence (AI) and cloud computing.…
US Closes Key Loophole in AI Chip Export Controls for Chinese Entities Overseas The US Department of Commerce has issued new export guidance that closes a significant loophole enabling Chinese companies located outside China to obtain the world’s most advanced AI chips without the required licenses.
