Moonshot AI, the Beijing-based maker of the Kimi K3 model, confirmed Tuesday that it has closed a $3.5 billion financing round at a $35 billion post-money valuation, more than triple its $4.3 billion valuation from eight months ago, and far above the $1 billion to $2 billion it originally set out to raise, Bloomberg reported.…
Moonshot AI’s Kimi K3 model has dominated headlines since its release, boasting a 2.8-trillion-parameter architecture, top-ranked coding performance, and a $3.5 billion funding round that closed this week.
China now dominates the global humanoid robot start-up landscape by the most rigorous measure available, patent quality, with six Chinese firms ranked among the world’s ten most innovative humanoid robot companies, according to a new LexisNexis analysis published Tuesday.
Washington’s new AI Spark initiative to promote American artificial intelligence systems in Southeast Asia’s public services and digital infrastructure is seen as a move to counter the region’s deepening partnerships with Chinese firms in the deployment of the technology, according to analysts cited by the South China Morning Post.
Fast-growing new growth drivers, including AI-related industries, are fueling sustained growth in China’s industrial profits, as the country’s shift toward innovation-driven development gathers momentum.
The US government will award $300 million to chipmaker GlobalFoundries to bolster research and development of silicon photonics, a technology increasingly viewed as essential for the future of AI infrastructure, according to an announcement on Wednesday.
Huawei is planning to begin mass production of a cutting-edge glass substrate by 2027 to elevate the performance of its Ascend AI chips, according to a new report from DigiTimes.
Beijing has taken its most direct regulatory swing yet at AI-enabled harassment, with the Cyberspace Administration of China (CAC) publishing a draft cyberbullying law on Wednesday that explicitly targets content generated or amplified by artificial intelligence.
The US government should not block Chinese artificial intelligence in an attempt to gain the upper hand in the race to develop the groundbreaking technology, Meta chief executive Mark Zuckerberg has told the Financial Times.
Micron Technology’s stock has shed more than 30% from its all-time high in the weeks since it reported the most impressive quarterly results in its 47-year history, a paradox that became harder to explain on Wednesday morning, when a semiconductor analyst told CNBC that the Chinese chipmaker driving the selloff is still two to three…
China’s artificial intelligence video generation sector is experiencing an unprecedented influx of capital. According to KuCoin/MarsBit, in just the first three weeks of July 2026, five major companies announced massive funding rounds, collectively securing over RMB 26.2 billion (approximately $3.6 billion).
China is executing a sophisticated new geopolitical strategy dubbed “token diplomacy,” leveraging its rapidly advancing open-source artificial intelligence models to build influence and technological reliance across the Global South.
The global race for artificial intelligence supremacy is increasingly being fought on the talent front, and China is making significant gains. As HR Asia reports, Chinese tech giants are aggressively poaching top AI researchers from Silicon Valley, capitalizing on U.S. immigration uncertainty and the restrictive environment created by American chip export controls.
The rapid rise of AI-generated content in China has spawned a novel and deeply revealing business model: the face rental economy.
DeepSeek has recently completed its first external financing round since the company’s founding, raising over RMB 50 billion (approximately US$7.4 billion) and valuing the company at roughly US$54.3 billion.
Amidst a fierce debate in Silicon Valley over the future of open-source artificial intelligence, Anthropic CEO Dario Amodei has publicly clarified his company’s position, pushing back against accusations that the frontier lab is seeking a blanket ban on open-weight models.
Chinese artificial intelligence developers, long celebrated for their commitment to open-source distribution, may soon begin charging cloud platforms commercial licensing fees to host their open-weight models.
The global artificial intelligence landscape is undergoing a seismic shift. Over the past three months, China’s open-source AI ecosystem has delivered three consecutive breakthroughs that directly target the core advantages long held by U.S. closed-source models: pricing, long-task capabilities, and model scale.
As the United States and China prepare for a highly anticipated summit between President Xi Jinping and President Donald Trump this September, Beijing is proactively drawing firm red lines regarding American sanctions on its artificial intelligence sector. Bloomberg Opinion reports that the diplomatic maneuvering comes amid growing U.S.
The Trump administration has unveiled sweeping new bans targeting imports of new Chinese humanoid and quadruped robots, alongside connected power inverters, in a decisive move to protect the United States’ artificial intelligence buildout from perceived national security threats.
