A year ago, Iluvatar CoreX was a Shanghai chipmaker that sold mostly to the Chinese state. This week it is trying to raise about $850m from investors who cannot seem to get enough of it, according to Bloomberg, riding a share price that has more than tripled since January. The rally is really the whole […]
The US-China AI split hardened this week. Beijing branded Anthropic’s Claude Code a security back-door, just as US lawmakers moved against American firms that lean on cheap Chinese models. China has told companies to drop Anthropic’s Claude Code. Its Ministry of Industry and Information Technology said its cybersecurity platform found the coding tool carries a […]
Apple has begun testing memory chips from China’s state-backed CXMT for devices sold in China, the Financial Times reports. That puts it behind a supplier Washington has flagged as a security risk. Apple has turned to Chinese memory chips for its own devices. It has begun testing DRAM from state-backed ChangXin Memory Technologies (CXMT), the […]
MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US labs’ margins. China’s open-model push has a new heavyweight on the way. MiniMax plans a large language model with 2.7 trillion parameters, The Information […]
A lidar maker the Pentagon brands a Chinese military company quietly wires up America’s robotaxis, trucks, and even an airport. Nvidia is one of its partners. Hesai makes many of the sensors self-driving machines use to see. The Shanghai firm also sits on a US Department of Defense blacklist of Chinese military companies, CNBC reports. […]
China’s open AI models have been a gift to developers everywhere. Now Beijing may pull them back in. Chinese officials have discussed limiting who outside the country can use the nation’s best AI models, Reuters reports. The Ministry of Commerce ran the meetings over the past month, and Alibaba, ByteDance, and the startup Z.ai took […]
Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch reported. Chinese giants Meituan and Tencent led the round. It makes the […]
A federal judge has ordered the Pentagon to give Alibaba temporary relief from a law that stripped it of every lobbyist it had in Washington, Bloomberg reports. The reprieve stands while the court considers whether the measure is constitutional. The case is shaping up as a test of how far the US can go in curbing […]
ByteDance’s Doubao and Alibaba’s Qwen, two of China’s biggest consumer AI apps, are disabling their customised agent features, the South China Morning Post reports. The move comes days before Beijing’s new rules on humanlike AI interaction services take effect on 15 July. Doubao told users on Friday that its agent feature would go offline on 15 […]
