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Moonshot AI targets $2b in annualized sales by year-end
Moonshot is expanding beyond coders to clients like AsiaInfo and Kingsoft Cloud.
Aiko Gao Ishida · · 1 min read
Alipay to launch wallet agent for AI payments
The company said “AI Collect” has added three capabilities, Vibe Pay, Skill Pay, and Machine Pay.
Minh Le · · 1 min read
Anthropic says China AI labs used Claude to train models
Anthropic also alleged that some companies routed user prompts to Claude without notifying users.
Grace Priscilla Teo · · 1 min read
Tencent-backed AI chipmaker Enflame jumps 188% on debut
Enflame raised about 6.1 billion yuan (US$913 million) by selling 43.04 million shares.
Aiko Gao Ishida · · 1 min readHuawei unveils 7.2 Tbps optics module for AI
Huawei said the product was designed to ease AI infrastructure bottlenecks by using optical signals instead of copper links.
Grace Priscilla Teo · · 1 min readAlibaba ends ASR stake sale early
After the sale, Alibaba Network remained ASR’s largest single shareholder.
Minh Le · · 1 min readDeepSeek V4.1-Flash targets lower AI agent costs
DeepSeek said the update would help it serve more users at lower cost and that it would pass those savings on to users.
Minh Le · · 1 min readMoonshot AI weighs Hong Kong, Shanghai listings
Since then, the company has hinted at a later mainland listing, likely on the Shanghai Stock Exchange’s tech-focused STAR Market.
Aiko Gao Ishida · · 1 min readAlibaba’s AI capex spike isn’t the story investors think
The market punished Alibaba’s earnings. But a closer look at the firm’s chips, cloud, and AI model suggests the reaction got the story backward.
Jacob Cooke · · 4 min readDeepSeek hires underwriters for planned Shanghai IPO
DeepSeek was previously reported to be nearing a US$45 billion valuation.
Naomi Li Gan · · 1 min read