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Alibaba's top AI scientist resigns as Qwen team faces restructuring
Lin Junyang, technical lead of Alibaba's Qwen, and several core members have resigned as the team faces potential restructuring.
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Alibaba fully opens desktop AI agent QoderWork to boost workplace productivity
Alibaba fully opened its desktop AI agent application QoderWork, aiming to provide a plug-and-play AI productivity tool for everyday knowledge workers.
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Alibaba's open-source lightweight Qwen models draw Musk's attention
Alibaba open-sourced four compact AI models in its Qwen3.5 series, earning public praise from Elon Musk for their impressive performance.
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MiniMax reports 159% revenue surge in 1st post-IPO earnings
MiniMax achieved revenue of $79.04 million in 2025, exceeding analyst expectations, primarily driven by robust international demand for its AI models.
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AI firm ModelBest raises multi-million yuan round led by China Telecom
China Telecom will leverage its strengths in cloud computing and computing power networks to engage in deep business collaboration with ModelBest.
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Chinese AI startup StepFun reportedly plans Hong Kong IPO, potentially raising up to $500 million
With capital markets showing strong demand for China's AI boom, StepFun could list as early as this year.
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Moonshot nears completion of new funding round, valuation surpasses $10 billion
Moonshot's latest two funding rounds collectively exceeded $1.2 billion, setting a new single-round financing record in China's AI large-model space over the past year.
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Zhipu launches global 'computing power partner' recruitment to address surging GLM-5 demand
The new flagship model triggers explosive usage growth, yet domestic chip cluster expansion struggles to meet demand.
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Alibaba releases flagship Qwen3.5 model ahead of Chinese New Year, race against DeepSeek's new product
Alibaba has launched next-generation large model, vying for global open-source leadership while joining the battle for holiday users.
