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Huawei, with an eye on self-reliance, ploughs 25% of revenue into R&D at expense of profits
Aug 31, 2026

Huawei, with an eye on self-reliance, ploughs 25% of revenue into R&D at expense of profits

Huawei Technologies poured more than a quarter of its first-half revenue into research and development, prioritising long-term technological independence over short-term earnings as first-half profit ...

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China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses
Aug 31, 2026

China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses

China’s home-grown artificial intelligence chipmakers are starting to cash in on Beijing’s self-reliance drive, but a fresh wave of first-half earnings reveals a stark divide between the industry’s ri...

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Sony Music, Warner accuse Anthropic of ‘blatant theft’ in major new lawsuit
Aug 30, 2026

Sony Music, Warner accuse Anthropic of ‘blatant theft’ in major new lawsuit

Some of the world’s biggest music publishers have launched a fresh lawsuit against Anthropic, accusing the artificial intelligence giant of conducting “one of the largest and most blatant ongoing thef...

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CXMT joins growing list of Chinese tech firms suing US Pentagon over blacklists
Aug 30, 2026

CXMT joins growing list of Chinese tech firms suing US Pentagon over blacklists

Leading chipmaker ChangXin Memory Technologies (CXMT) has joined a growing list of Chinese technology companies suing the US government over their additions to Pentagon blacklists, as legal experts sa...

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China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off
Aug 28, 2026

China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off

Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publ...

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Meituan snaps losing streak with profitable June quarter though Douyin threat looms
Aug 28, 2026

Meituan snaps losing streak with profitable June quarter though Douyin threat looms

On-demand delivery giant Meituan swung back to profitability in the second quarter as China’s price war in food delivery cooled, allowing the company to scale back subsidies and target higher-value cu...

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MiniMax expands Alibaba cloud pact as compute needs surge for training and inference
Aug 28, 2026

MiniMax expands Alibaba cloud pact as compute needs surge for training and inference

Chinese artificial intelligence firm MiniMax has raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding by 220 per cent to US$1.2 billion, underscoring surging ...

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China thinks big on brain-computer interfaces after world-first surgery
Aug 28, 2026

China thinks big on brain-computer interfaces after world-first surgery

Chinese surgeons last month completed the world’s first commercial surgery to implant an invasive brain-computer interface (BCI) device in a patient with a spinal cord injury, a milestone in the neuro...

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Alibaba pushes into South America’s AI market with launch of Brazil data centres
Aug 27, 2026

Alibaba pushes into South America’s AI market with launch of Brazil data centres

Alibaba Group Holding has launched its first data centres in South America, as the Chinese technology giant ramps up its artificial intelligence infrastructure buildout in emerging markets amid an int...

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Zhipu AI shares jump as viral Ox Alpha model revealed as GLM-5.3-Flash on Chinese chips
Aug 27, 2026

Zhipu AI shares jump as viral Ox Alpha model revealed as GLM-5.3-Flash on Chinese chips

China’s Zhipu AI has launched its latest open-weight model, GLM-5.3-Flash – previously code-named Ox Alpha – saying that the system ran entirely on a cluster of 100,000 domestically produced chips dur...

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