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Robot rental startup Sharebot raises new funds to target industrial applications
Sharebot recently raised hundreds of millions of yuan, pushing its valuation to 7 billion yuan ($1.03 billion).
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Chinese robot maker UBTech expands into consumer market with new brand
UBTech launched the Uworld brand, marking a strategic shift toward the broader consumer market.
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Alibaba releases new AI chip, stepping up hardware race
The new Zhenwu M890 chip will handle both training and inferencing to meet the computing demands of the agentic era.
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Alibaba releases Qwen3.7-Max agent model to tackle complex AI workflows
The new model completed over a thousand tool calls during a 35-hour continuous test, demonstrating unprecedented enterprise-grade stability.
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Deep Robotics files for Shanghai listing following Unitree
Deep Robotics plans to raise $368 million in the offering.
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Tencent launches DataBuddy to expand its AI agent lineup
The agent allows users to automate tasks such as complex data integration and analysis through natural language conversations.
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Kimi creator Moonshot revamps corporate structure to prepare for Hong Kong IPO
The AI startup plans to dismantle its red-chip structure to meet regulatory requirements.
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China Q1 tablet shipments fall as rising costs squeeze margins
China's tablet shipments fell 4.8% year-on-year in the first quarter, dragged down by rising component costs and fading subsidies.
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Alibaba hints Qwen3.7 AI model launch to step up AI race
Alibaba Cloud summit is scheduled for May 20 as company teases new Qwen product.
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Chinese commercial space startup Astron secures new funding to advance reusable rockets
Astron plans to use the new capital to advance its reusable rocket development, targeting a maiden flight in the first half of 2027.









