Zhipu’s GLM-5.2 Sparks a New ‘DeepSeek Moment’ in Silicon Valley as Developers Flock to Its API
Chinese artificial intelligence startup Zhipu AI is sending shockwaves through Silicon Valley with the release of its latest open-weight model, GLM-5.2.
DAILY BRIEF · 10 STORIES
The June 27, 2026 brief
US Assures India Over AI ‘Kill Switch’ as Pax Silica Expands to Counter China
In a bid to solidify its expanding technological alliance against China, the United States has formally assured India that it will not implement an “AI kill switch” or remote deactivation capabilities on advanced semiconductor and artificial intelligence technology exported to the country.
Taiyi Quantum Raises $44M in 10x Oversubscribed Round to Build China’s First Ytterbium Quantum Computer
Taiyi Quantum, a Chinese startup specializing in neutral-atom quantum computing, has successfully raised 300 million yuan ($44 million) in a highly competitive funding round.
JCET to Invest $1.15 Billion in New Shanghai Advanced Chip Packaging Plant
JCET Group, China’s largest semiconductor packaging and testing company, has announced a 7.8 billion yuan ($1.15 billion) investment to construct a new advanced packaging facility in Shanghai.
FCC Expands Import Ban on Huawei, ZTE, Hikvision and Dahua Equipment to Cover All Models
The United States Federal Communications Commission (FCC) has significantly escalated its crackdown on Chinese technology, announcing a comprehensive expansion of its import ban on equipment manufactured by Huawei, ZTE, Hikvision, Dahua, and Hytera.
Europe and China Must Pivot from Tech Rivalry to ‘Constructive Engagement’, Leaders Say at CEIBS Forum
As the global race for artificial intelligence supremacy intensifies, a chorus of European and Chinese leaders is calling for a strategic pivot away from zero-sum technological rivalry and toward “constructive engagement.”
Chinese Hedge Funds Warn Global AI Stocks Have Become a ‘Super Bubble’
Two of China’s most prominent hedge fund managers have issued stark warnings to their clients, declaring that the global frenzy surrounding artificial intelligence stocks has inflated into an unsustainable “super bubble.”
Chinese AI and Chip Firms Drive China’s Strongest Tech IPO Year Since 2023, Raising $3.1 Billion
China’s onshore technology IPO market is experiencing a robust resurgence, driven by a wave of artificial intelligence and semiconductor companies seeking public capital.
China’s Tech Workers Fear Being ‘Optimized’ Out of a Job as AI Agents Arrive in the Office
The arrival of artificial intelligence agents in Chinese tech offices is triggering a wave of anxiety among white-collar workers, who fear they are about to be “optimized”, a common corporate euphemism for being laid off.
China Gives AI Agents ‘Digital ID Cards’ Under Its First National Connectivity Standard
China has taken a significant step toward regulating the rapidly expanding ecosystem of artificial intelligence agents by introducing the country’s first national standard for AI agent connectivity.