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US$1b windfall: how Meituan’s bets on AI, robotics outshine quarterly loss
Jun 2, 2026

US$1b windfall: how Meituan’s bets on AI, robotics outshine quarterly loss

Meituan is set to reap a sizeable financial windfall from its investments in frontier tech – including in fast-rising artificial intelligence company Zhipu AI – offering the Chinese food-delivery gian...

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Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up
Jun 2, 2026

Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up

Alibaba Group Holding chief technology officer (CTO) Wu Zeming has joined the company’s elite steering committee, joining co-founders Jack Ma and Joe Tsai in playing a central role in formulating the ...

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ByteDance loses key AI research leader behind Seed models amid monetisation push
Jun 2, 2026

ByteDance loses key AI research leader behind Seed models amid monetisation push

A renowned artificial intelligence researcher who spearheaded foundational AI research for TikTok owner ByteDance has announced his departure from the company. The unexpected development comes as the ...

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Tencent shares jump 10% on expectations of AI agent within WeChat super app
Jun 2, 2026

Tencent shares jump 10% on expectations of AI agent within WeChat super app

Shares of Tencent Holdings surged 10 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super a...

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Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns
Jun 2, 2026

Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns

Enterprises across the Asia-Pacific region are investing heavily in artificial intelligence with limited evaluation of its effectiveness, driven largely by fears of being left behind, according to a s...

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Unitree clears key hurdle to Shanghai IPO as China’s humanoid robot wave gathers pace
Jun 1, 2026

Unitree clears key hurdle to Shanghai IPO as China’s humanoid robot wave gathers pace

Unitree Robotics, one of the leading forces in mainland China’s booming humanoid robot sector, has cleared a major hurdle for its highly anticipated initial public offering (IPO) after passing a listi...

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Meituan reports third consecutive quarterly loss as rivalry in food delivery hits margins
Jun 1, 2026

Meituan reports third consecutive quarterly loss as rivalry in food delivery hits margins

Chinese food and on-demand delivery giant Meituan reported its third consecutive quarterly loss as competition in the country’s food delivery market appears to be easing but broader rivalry across the...

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Nvidia, Unitree and Sharpa unite to design humanoid robot that can perform ‘real work’
Jun 1, 2026

Nvidia, Unitree and Sharpa unite to design humanoid robot that can perform ‘real work’

Nvidia has partnered with Chinese robotics champion Unitree Robotics and Singapore robotic hand maker Sharpa to release a new humanoid robot reference design to accelerate innovation in the global hum...

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Why MuleRun could be the next craze: new Alibaba AI agent platform promises safer adoption
May 28, 2026

Why MuleRun could be the next craze: new Alibaba AI agent platform promises safer adoption

A new Chinese artificial intelligence agent platform is looking to replicate the “lobster craze” sparked by AI agent tool OpenClaw earlier this year, while avoiding some of the privacy and security ri...

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Peking University unveils 3D design tool to power Huawei’s chip ambitions
May 27, 2026

Peking University unveils 3D design tool to power Huawei’s chip ambitions

Researchers at Peking University have claimed a breakthrough in microchip design software, purportedly offering critical support to Huawei Technologies as the tech giant attempts to build cutting-edge...

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