Zhipu AI reports 132 percent revenue growth after IPO but misses expectations as losses widen

Chinese artificial intelligence firm Zhipu AI has reported strong revenue growth in its first financial results since listing in Hong Kong, though the performance fell short of market expectations and highlighted rising cost pressures across the sector. The company said annual revenue climbed

DeepSeek outage disrupts millions as China AI competition intensifies amid reliability concerns

Chinese artificial intelligence startup DeepSeek faced a major service disruption that lasted nearly 12 hours, cutting off access to its chatbot platform for a large portion of its user base. The outage began on Sunday evening and continued into early Monday, affecting both

AI Assisted US Strikes on Iran Intensify China Push for Technology Self Reliance

The reported use of artificial intelligence systems in recent United States military operations against Iran is likely to accelerate China’s drive for technological self reliance, according to industry analysts and cybersecurity experts. US defence authorities reportedly deployed AI systems developed by Anthropic during

MiniMax Reports 159 Percent Revenue Growth as It Expands Global AI Platform Ambitions

Chinese artificial intelligence company MiniMax has posted strong revenue growth for 2025 and outlined plans to expand its footprint as a global AI platform, signaling the rapid evolution of China’s generative AI ecosystem. The Hong Kong listed startup reported a 159 percent year

China’s Accelerating AI Push Challenges Long Standing US Tech Dominance

China’s rapid advances in artificial intelligence are intensifying debate over the future balance of power in global technology, with analysts warning that US dominance in advanced AI may face its most serious challenge yet. Economists and market strategists have described a growing technology

China’s AI industry gears up for pivotal launch week as flagship models near debut

China’s artificial intelligence industry is entering a decisive moment as major technology firms prepare to unveil a new wave of flagship models, marking what many insiders see as one of the most competitive weeks for domestic AI development so far this year. With

ByteDance and Alibaba Accelerate China AI Infrastructure Buildout

China’s largest internet companies are stepping up investment in artificial intelligence infrastructure as competition intensifies across the global tech sector. ByteDance and Alibaba Group Holding are both preparing to expand data centre capacity and computing resources to support increasingly complex AI workloads, signalling

China Clears Path for DeepSeek Nvidia Chip Purchase

China has conditionally approved leading artificial intelligence startup DeepSeek to move forward with the purchase of Nvidia’s H200 chips, marking a notable shift in Beijing’s approach to high end foreign semiconductors. The approval comes after weeks of internal review and applies under regulatory

Moonshot AI Model Tightens China’s AI Catch Up With the US

China’s artificial intelligence sector recorded another quiet but meaningful advance this week as Beijing based start up Moonshot AI released its latest large language model, Kimi K2.5, a system analysts say brings domestic model performance closer than ever to leading US counterparts. Independent

Alibaba Qwen Model Reaches Orbit in China Space Computing Milestone

China has taken a step into space based artificial intelligence as Alibaba Cloud’s Qwen 3 became one of the first general purpose AI models globally to operate in orbit. The model was successfully uploaded to a space computing centre and completed multiple inference