Xi tells World AI Conference no single country should monopolise AI
Xi tells World AI Conference no single country should monopolise AI

Xi Jinping told the World AI Conference in Shanghai on Friday that artificial intelligence “should not be a solo performance by a single country, but a symphony of international cooperation,” casting Beijing as the patron of open, shared technology. Th…

29 countries sign a treaty to establish the World AI Cooperation Organization
29 countries sign a treaty to establish the World AI Cooperation Organization

Twenty-nine countries signed an agreement on 16 July to establish the World AI Cooperation Organization (WAICO), Reuters reported. China says the intergovernmental body aims to promote international cooperation and global governance in AI. China’s fore…

Xpeng’s L03 is the first Chinese EV to put proprietary AI driving chips in a mass-market car
Xpeng’s L03 is the first Chinese EV to put proprietary AI driving chips in a mass-market car

Xpeng debuted the L03 on Wednesday in Munich, launching its most internationally ambitious electric vehicle simultaneously across 65 markets. The coupe-SUV is built around the company’s proprietary Turing AI chips, with every trim shipping at least one…

Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8

The FT reports Kimi K3 will be the largest open AI model from China, with a parameter count between 2 trillion and 3 trillion. 

Oracle leads the race to build Japan a secret, air-gapped cloud
Oracle leads the race to build Japan a secret, air-gapped cloud

Oracle is leading the race to build Japan an air-gapped cloud, sealed off from the internet. Washington wants it to counter Chinese hacking. Before the US shares more of its secrets with Japan, it wants Japan to lock them down. Oracle is now the front-…

A Chinese scientist built a sodium battery that charges in 4 minutes. It could break China’s 75% lithium dependence.
A Chinese scientist built a sodium battery that charges in 4 minutes. It could break China’s 75% lithium dependence.

Lu Yaxiang, a professor at the Chinese Academy of Sciences’ Institute of Physics, has spent a decade making sodium-ion batteries commercially viable. In April, he received China’s Youth May Fourth Medal, the country’s top honour for outstanding achieve…

OnePlus exits the US and Europe. The memory crisis and Apple’s lawsuit made staying untenable.
OnePlus exits the US and Europe. The memory crisis and Apple’s lawsuit made staying untenable.

OnePlus, the Android brand that built a cult following with aggressively priced smartphones, will begin to cease operations in the US and Europe as early as this week, Bloomberg reported. The shutdown is part of a broader restructuring at parent compan…

CXMT prices a record $8.5bn Shanghai IPO, valuing China’s memory champion at $85bn
CXMT prices a record $8.5bn Shanghai IPO, valuing China’s memory champion at $85bn

China’s biggest memory chipmaker is about to test the public markets. ChangXin Memory Technologies, known as CXMT, has priced its Shanghai IPO at 8.66 yuan ($1.28) a share, the South China Morning Post reported. The sale will raise about 57.9 billion y…

DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise
DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise

DeepSeek is getting ready to go public. The Chinese AI lab has started laying the groundwork for an initial public offering, according to Bloomberg. It could file as soon as this year, with a debut targeted for 2027. First, though, it wants to raise mo…

Alibaba stock jumps 4% after Qwen is approved to run Apple Intelligence in China
Alibaba stock jumps 4% after Qwen is approved to run Apple Intelligence in China

Alibaba confirmed on Wednesday that its Qwen AI model will be integrated into Apple Intelligence across iOS, iPadOS, macOS, and visionOS for users in China. “Qwen will be integrated into Apple Intelligence experiences,” an Alibaba spokesperson told CNB…