Chinese AI developer MiniMax raises HK$16 billion, Xiaomi cuts jobs across divisions as earnings come under pressure
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Tencent expands AI computing capacity after Hy3 demand surge
Surging demand for the newly launched model highlights the computing-power squeeze facing China’s AI developers
Ant Group’s embodied AI subsidiary seeks independent funding, MiniMax open-sources video generation model H3
Hy3’s release is the first major update in Tencent’s AI strategy since former OpenAI researcher Ya Shunyu joined the Chinese tech…
Hy3’s release is the first major update in Tencent’s AI strategy since former OpenAI researcher Yao Shunyu joined the Chinese…
Moore Threads plans Hong Kong IPO, Unitree Robotics opens STAR Market IPO subscriptions
OpenAI slashes prices for GPT-5.6 models by up to 80%, China expects 4 trillion yuan direct investment in computing power networks
