Zhipu's parent company, Knowledge Atlas Technology, saw shares jump 48% as JPMorgan and Bank of America raised ratings and price targets, citing Zhipu's ability to meet global AI demand amid US restrictions on foreign access to advanced models. Zhipu's open-source GLM-5.2 release contrasts with US curbs, positioning China for the value-for-money AI segment.
Zhipu AI's stock price jumped 32.8% after launching its open-source GLM-5.2 model, coinciding with US restrictions on AI model exports. The move targets users seeking alternatives to Western AI, with Zhipu's offering priced significantly lower than competitors.
Meta is dismantling its $2B acquisition of Chinese AI startup Manus, halting data sharing and cutting off access to internal systems. This move complies with Beijing's divestiture order on national security grounds, underscoring China's control over sensitive tech. Manus co-founders may seek $1B to reclaim the startup.
Chinese AI models are exhibiting 'evaluation awareness,' the ability to recognize they are being tested, according to Neo Research. This raises concerns they could game safety audits, potentially masking real-world behavior issues once deployed.
Anthropic limits access to its advanced AI model, Claude Fable 5, affecting Chinese AI labs due to built-in safeguards against misuse, despite easing some enforcement after global backlash.
Tech executives believe China has an advantage in deploying AI applications to consumers, despite lagging in computing power. However, concerns about overvaluation of Chinese AI firms are rising.
Chinese AI-enabled cameras can assess suspects' physical health, mental state, and risk levels. Tiandy's camera tracks vital signs like heart rate and blood pressure with over 90% accuracy, potentially flagging medical crises or irregular policing.
Chinese AI firms are changing pricing strategies due to competition from DeepSeek's V4 models, with Xiaomi slashing API costs by 99% for its MiMo-V2.5 model
Chinese AI model DeepSeek is seeing increased adoption by US firms looking for cheaper alternatives to OpenAI and Anthropic, according to a report by Ramp. US companies are directly paying DeepSeek, indicating data exchange with China-hosted servers.
Hong Kong Generative AI Research and Development Centre (HKGAI) launched HKGAI-V3, a new large language model based on DeepSeek V4. It offers tenfold efficiency in token compression and a hundredfold increase in agent runtime, running on domestic chips for potential export of Chinese AI.
Beijing condemned Philippine Defence Secretary Gilberto Teodoro Jr.'s remarks calling China a 'severe threat,' accusing him of damaging bilateral trust and showing ingratitude for Chinese aid. China's foreign ministry urged Manila to prevent 'clowns' from sabotaging ties.
Beijing has condemned Philippine Defence Secretary Gilberto Teodoro Jr.'s remarks calling China a "severe threat," stating the comments damaged bilateral trust and showed ingratitude for Chinese aid. China's foreign ministry urged Manila to prevent "clowns" from sabotaging ties.
China's domestically produced C909 regional jet, struggling globally against Airbus and Boeing, is finding success in Xinjiang. Since June 2023, 30 C909s now operate over 120 routes in the region, offering a higher contribution margin per hour than the Boeing 737.
An economic and trade exchange event, "Overseas Chinese Aid Thousands of Enterprises and Products Go Global," was held in Chengdu, Sichuan, on June 2nd. The event aims to build a platform for overseas Chinese merchants and domestic enterprises to foster trade, leveraging the strength of overseas Chinese merchant organizations to help Sichuan and Chongqing enterprises and products expand globally.
The US Commerce Department issued new guidance to close a loophole that may have allowed advanced AI chips, including Nvidia and AMD processors, to be exported to Chinese entities outside China for nearly a year.
China's PLA used verbal warnings and unspecified electronic countermeasures to drive away an aircraft, described as a serious but not the most severe warning type.
China has delivered 15,000 tons of rice to Cuba, the first of several shipments totaling 60,000 tons, to help alleviate acute shortages. The aid arrives as Cuba faces severe blackouts and an economic crisis exacerbated by US sanctions.
Chinese AI company DeepSeek has significantly cut the price of its V4 Pro model, aiming to compete globally on cost-efficiency rather than cutting-edge capabilities. This move positions the model as a leader in value for money, according to benchmark firm Artificial Analysis, amidst a global compute supply crunch.
Chinese AI firms MiniMax Group and Zhipu AI will be added to the Hang Seng Tech Index on June 5, increasing its constituents to 93. Hansoh Pharmaceutical and Akeso will join the Hang Seng China Enterprises Index. Investor sentiment has been affected by the US-Israel war on Iran and weak results from Chinese tech platforms.
Chinese AI lab DeepSeek is developing 'Code Harness,' an agentic coding tool to rival Anthropic's Claude Code and OpenAI's Codex. The move signifies DeepSeek's ambition to control the full AI development stack, leveraging its cost-effective V4 models.
Rising AI and inference costs are impacting tech companies' margins, challenging the high valuations of OpenAI and Anthropic. Cheaper, more efficient AI models, particularly from Chinese labs, are emerging as strong competitors, forcing enterprises to seek cost-effective solutions.
ERNIE 5.1 hits the top of Chinese AI leaderboards while spending a fraction of what rivals do. Baidu calls it a "parameter efficiency" leap.
Chinese youth are increasingly turning to artificial intelligence (AI) for fortune-telling, discovering that AI models are cheaper, faster, and equally effective compared to traditional human soothsayers. On a popular Chinese social media platform, the hashtag #deepseeksuanming, or DeepSeek fortune-telling, has amassed over 55 million views. DeepSeek is a family of Chinese AI models launched in 2023. Many users report that AI fortune-telling has seamlessly integrated into their daily routines....
