AI

China's cloud computing market is undergoing a structural transformation, as Alibaba Group's cloud division and ByteDance's Volcano Engine escalate their rivalry from a pricing skirmish into a multidimensional contest over AI infrastructure, chip sovereignty, and enterprise ecosystems — a battle that will define the industry&

MiniMax is making a calculated move to convert open-source enthusiasm into commercial traction, launching a cloud-hosted AI agent service that strips away the technical and financial barriers that have kept the widely popular OpenClaw framework out of reach for mainstream users. The Shanghai-based AI startup introduced MaxClaw

China's largest technology companies turned the 2026 Lunar New Year holiday into the country's first large-scale, premeditated AI application war, collectively pouring close to RMB 10 billion yuan (approximately US$1.38 billion) into subsidies, advertising and infrastructure to drive adoption of their artificial intelligence

MiniMax, the Shanghai-based artificial intelligence developer, experienced a dramatic market surge after its latest M2.5 model broke through critical cost and performance thresholds, triggering an explosion of previously suppressed demand for AI agent applications. The company’s Hong Kong-listed shares surged 14.52% on Feb. 20, the

Ant Group has emerged as an unexpected winner in China's Spring Festival AI battle, with its specialized health and payment applications each surpassing 100 million users while competitors poured billions into marketing campaigns for general-purpose AI assistants. The financial technology giant disclosed on Feb. 23 that its

Moonshot AI, the Chinese artificial intelligence startup behind the Kimi chatbot, has closed a US$700 million funding round just over a month after completing a previous US$500 million raise, according to people familiar with the matter. The financing pushes the company's valuation past the US$10

China's major technology companies are quietly reshaping digital consumption patterns in lower-tier cities and rural areas, as middle-aged and elderly users emerge as unexpected early adopters of artificial intelligence tools this year. The Spring Festival holiday has revealed a demographic shift that could unlock a market

ByteDance leveraged China's most-watched television event to demonstrate its artificial intelligence capabilities, marking a strategic shift from traditional user acquisition tactics to a comprehensive display of technological prowess that could redefine its competitive positioning in the AI race. The company deployed its Doubao large language model, Seed

Alibaba has launched Qwen3.5, a new generation of large language models featuring breakthrough architecture that activates only 17 billion parameters from a total of 397 billion, delivering performance comparable to trillion-parameter models while significantly reducing deployment costs and boosting inference efficiency up to 19-fold. The open-source

While China's tech giants wage an expensive AI battle at home, Kimi has quietly achieved a strategic milestone: overseas revenue now exceeds domestic income, with paying users quadrupling following the launch of its K2.5 model. The shift signals a fundamental realignment of priorities at Moonshot AI, the