AI

  • IDC expects China's token consumption to surge 20-fold in 2026

    IDC expects China's token consumption to surge 20-fold in 2026 compared to 2025, with total annual consumption poised to reach 40 quadrillion.

  • Kimi maker Moonshot to raise $2 billion at $20 billion valuation

    Moonshot is poised to close a new $2 billion funding round, pushing its latest valuation past $20 billion.

  • China's chip fund in talks to lead DeepSeek funding at $45 billion valuation, report says

    China's state-backed semiconductor investment fund is seeking to lead DeepSeek's first fundraising round.

  • China's 2025 AI token usage hits 21.1 quadrillion amid exponential growth

    China's cumulative AI token usage reached about 21.1 quadrillion in 2025, with the daily average experiencing a hundredfold explosive growth within the year.

  • China blocks Facebook parent Meta's takeover of AI startup Manus

    Meta announced the acquisition of the AI startup last December, with the deal reportedly valued at around $2 billion.

  • DeepSeek reportedly launches first funding round at over $10 billion valuation

    DeepSeek, which has repeatedly rejected venture capital, now plans to raise no less than $300 million in external funds.

  • Huawei unveils OfficeClaw to capture China's growing desktop AI market

    OfficeClaw focuses on office scenarios, including content generation, smart local file organization, and the rapid creation of professional presentations.

  • DeepSeek plans Inner Mongolia data center ahead of new AI model launch

    Ulanqab in Inner Mongolia is considered one of China's best cities for data centers, boasting abundant power and ideal natural climate conditions.

  • ByteDance opens Seedance 2.0 API globally as OpenAI retreats

    ByteDance's Volcano Engine fully opens its Seedance 2.0 API services as OpenAI shuts down its Sora model.

  • Alibaba integrates Excel generation into Qwen amid AI push

    Qwen's newly launched table agent allows users to directly generate and edit Excel files through natural language conversations.