Phate Zhang

ByteDance shelved the mid-March global launch of its AI video model after receiving cease-and-desist letters from major studios.

Moonshot is seeking to raise up to $1 billion in an expanded funding round, which would value it at about $18 billion, Bloomberg reported.

Apple is lowering the standard commission rate for digital purchases in its China App Store to 25% from 30%, effective March 15.

MiniMax shares jumped nearly 24% in Hong Kong trading on Monday, largely driven by a surge in model token usage tied to the viral OpenClaw ecosystem.

Alibaba CEO approved the resignation of its core AI chief as the Tongyi Lab's large model team undergoes extensive organizational restructuring.

Today, we are thrilled to announce an important decision: CnTechPost is officially relaunching.

MiniMax achieved revenue of $79.04 million in 2025, exceeding analyst expectations, primarily driven by robust international demand for its AI models.

Meizu said that the sustained surge in memory component prices has made commercialization of next-generation smartphones unfeasible.

Huilun plans to advance small-batch trial production of its core products within this year, with a goal of achieving mass production by 2027.

With capital markets showing strong demand for China's AI boom, StepFun could list as early as this year.