Tech race flashpoint: Huang, Musk push back on AI guard rails amid heated US-China rivalry

South China Morning Post - Sep 3, 2026

US tech titans including Nvidia CEO Jensen Huang and Tesla’s Elon Musk are pressing global powers to curb artificial intelligence regulations, warning that strict guard rails risk suffocating innovation as the US and China compete in an intensifying technological arms race. Speaking at a G20 meeting alongside US Commerce Secretary Howard Lutnick in Chapel Hill, North Carolina, on Wednesday, Huang urged policymakers to pursue AI regulations targeting “actual and pragmatic harm” rather than...

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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 publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products – posted revenue of 150.31 billion yuan (US$22.4 billion) for the six months to June, up 873.64 per cent year on year, according to a filing...

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

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MiniMax revenue surges 283% but remains behind pace to meet forecast amid crowded AI race

Chinese artificial intelligence firm MiniMax on Wednesday posted a 283 per cent surge in first-half revenue to US$116.6 million, powered by a 700 per cent jump in its enterprise business, though top-line growth remains off pace to hit full-year analyst forecasts. Revenue for the six months ended June 30 accounted for roughly 32 per cent of the US$363.77 million expected by analysts for the full year 2026, according to estimates compiled by Bloomberg. The company reported full-year revenue of...

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DeepSeek nears pre-IPO funding round as 2027 market debut takes shape: sources

DeepSeek nears pre-IPO funding round as 2027 market debut takes shape: sources

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Huawei, HP settle disputes with multi-year Wi-fi patent cross-licensing deal

Huawei, HP settle disputes with multi-year Wi-fi patent cross-licensing deal

China’s Huawei Technologies and US personal computer giant HP announced on Wednesday that they had reached a deal to license each other’s Wi-fi patents. The two companies signed a multi-year global patent cross-licensing agreement, which granted HP the right to use certain Huawei Wi-fi patents on its PCs for a fee. “This agreement is a strong testament to Huawei’s persistent independent innovation in cutting-edge fields in information and communications technology,” said Alan Fan, Huawei’s chief...

Divergent results for Apple suppliers highlight memory price squeeze ahead of new iPhone

Divergent results for Apple suppliers highlight memory price squeeze ahead of new iPhone

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Moon mission delay a hiccup, but Chinese rocket city Wenchang remains on the march

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