SenseTime chip spinoff Sunrise nearly doubles value on $280M round
Sunrise, spun out of SenseTime's chip business, is reportedly raising $280M at…
Tencent’s Hy4 preview hands startups a free 770B model
Tencent open-sources Hy4 preview, a 770B-parameter model with a 1M-token context window.
China industrializes robot training with 70-plus dedicated grounds
A CAICT report counts more than 70 operational embodied-AI training grounds in…
DeepSeek weighs RMB50B round that could close by late August
China's DeepSeek has reopened talks on a roughly RMB50 billion second funding…
Alibaba pushes open-source frontier with 2.4T-parameter Qwen3.8-Max
Alibaba launches Qwen3.8-Max with 2.4 trillion parameters and says the open weights…
Shein offers $1.1B investor payouts ahead of Hong Kong listing
Shein is offering $1.1B in cash payouts to late investors before its…
DeepSeek begins in-house AI chip development to cut reliance on Nvidia
Chinese AI lab DeepSeek has begun developing custom AI chips in-house to…
