ByteDance, Alibaba and Tencent Order Over US$35 Billion of Nvidia’s RTX PRO 5500
The three groups want more than 3 million of the workstation cards, but Nvidia has told partners they may receive only 5% to 10% of what they requested.
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Wednesday, October 21, 2026
DeepSeek Open-Sources DeepInfer, the Engine Behind Its API, With Huawei Ascend Support
The Apache 2.0 release runs DeepSeek-V4.1-Flash on Nvidia Blackwell and Huawei Ascend 950 chips, and DeepSeek disclosed US$38 of revenue per GPU-hour.
US Sanctions MiraclePlus and Four Other Chinese Entities Over Stolen Google AI Secrets
The State Department targeted Lu Qi’s startup accelerator, two of its funds and Linwei Ding’s firm Zhisuan, and China’s commerce ministry vowed a response.
MIIT Drafts New Smart-Manufacturing Policy to Push AI Agents Into China’s Factories
The ministry will validate factory AI agents for scheduling, defect detection and maintenance one by one; China has over 13,000 advanced-level smart factories.
Japan’s GMO Says Chinese AI Pentest Tool ARTEX Was Used Against Local Firms
The finding follows Korean bank intrusions tied to the same tool, whose developer works at Beijing security firm ThreatBook, now selling an Artex Pro edition.
Chery Sets 2030 Goal of 100,000 Robotaxis and Launches CheryMind Physical-AI Model
At its Wuhu conference the carmaker also showed Ziwei chips and a home humanoid robot, after spending more than RMB110 billion on R&D in five years.
Alibaba’s DAMO Academy Unveils XuanTie E908A RISC-V Chip Design for Cars
DAMO says the design meets the ASIL-B and ASIL-D safety levels, and it plans a C950A self-driving chip targeting five times current RISC-V car performance.
Industrial Robot Maker Microintelligence Opens Hong Kong IPO to Raise up to HK$800 Million
The Changzhou company is selling 37.3 million H shares at HK$16.63 to HK$21.46 each, after earning just RMB5.1 million on RMB795.5 million of revenue in 2025.
METiS TechBio Signs AI Drug-Delivery Deal With Eli Lilly Worth up to US$1.1 Billion
Lilly will use the Beijing company’s AI-designed lipid nanoparticles to steer RNA medicines to chosen tissues, for an upfront fee in the low tens of millions.
China’s Driverless Mining-Truck Maker Tage iDriver Raises Nearly RMB300 Million Ahead of IPO
The Beihang University spin-off filed to list in Hong Kong in May after 2025 revenue more than tripled to RMB527 million and losses narrowed to RMB164 million.
Tuesday, October 20, 2026
US Bars DeepSeek and AI Tools Built on It From Federal Civilian Agencies
A Homeland Security order under a 2018 supply chain law makes agencies remove DeepSeek products and third-party services using its models.
China’s Commerce Ministry Leads Nine-Agency Plan to Put AI Across Retail and Logistics
Eighteen measures name commercial AI agents, embodied AI and brain-computer interfaces, with the central bank and cyberspace regulator among the signatories.
China’s Sharetronic Lands AI Compute Cloud Deal Worth up to RMB37.49 Billion
An unnamed customer can order up to three times Sharetronic’s 2025 revenue in compute services, billed monthly over 60-month terms after acceptance.
China’s Digital Manufacturing Drove a Third of Industrial Growth as Chip Output Jumped
Integrated-circuit output rose 23.3% in the first nine months and chip-making value added jumped 79.2%, as GDP grew 4.5% in the third quarter.
MiniMax Releases M3.1 Flash, Undercutting DeepSeek’s Peak Flash Pricing
The Shanghai lab’s new model costs RMB1 per million input tokens and RMB4 per million output tokens, half the price DeepSeek charges at peak hours.
AGIBOT Backs Tsinghua-Linked RISC-V Chipmaker Xinji Wuxian in Pre-A Round
The Shanghai chip designer will put the new money into RISC-V processors for robots, after selling over 1 million motor-control chips to carmakers.
Bosch Ventures and miHoYo Back Chinese Memory-Chip Startup MemSilicon’s Push Into AI Inference
The Beijing RRAM developer raised over RMB400 million in a Series A led by Boyuan Capital and named former Graphcore China chief Lu Tao as its CEO.
SenseTime-Backed ACE Robotics Says Its 9B Model Outscores GPT-6 Astra on Spatial Tests
ACE-Brain-0.6, fine-tuned from Qwen3.5-9B on about one million samples, averaged 74.53 across seven public benchmarks against Astra’s 73.68.
MIIT to Build Monitoring System for China’s Humanoid Robot Industry
The ministry also wants commercial firms to open sites for robot trials, as products enter more than 300 scenarios and first-half output tops 40,000 units.
UBTech Signs Ras Al Khaimah Deal to Test Humanoid Robots in Gulf Climate
Signed in Shenzhen before the emirate’s ruler, the memorandum has UBTech send humanoid robots and engineering teams to Ras Al Khaimah for live demonstrations.