Alibaba Considers Revenue Sharing Model for Large Commercial Users of Its Open-Weight Qwen AI Models

Alibaba Group Holding Ltd. is reportedly exploring a significant shift in its monetization strategy for its highly regarded Qwen series of open-weight artificial intelligence models, potentially introducing a revenue-sharing mechanism…

Nio Achieves 120 Millionth Battery Swap Milestone, Expands Infrastructure with 4,000th Station and Next-Generation Technology

Shanghai, China – Nio, a prominent electric vehicle manufacturer, has announced a series of significant achievements in its pioneering battery swapping ecosystem. On August 7, at precisely 8:09 a.m. local…

Unitree Robotics Secures Landmark IPO on Shanghai STAR Market, Forging Strategic Alliance with DeepSeek AI

Unitree Robotics, a leading developer of high-performance quadruped and bipedal robots, has successfully priced its initial public offering (IPO) on the Shanghai Stock Exchange’s STAR Market at RMB150.80 per share,…

Alibaba Adds Scheduled Tasks and Office Assistant to Qwen App

Unpacking the New Feature Set: A Leap in AI-Powered Productivity The newly rolled out features significantly broaden Qwen’s utility, moving beyond basic conversational AI to a more proactive and integrated…

BYD and Sinopec Transform Shanghai Fuel Station into Flagship Flash Charging Hub, Signifying Major Shift in Energy Infrastructure

In a landmark move that underscores the rapid energy transition underway in China, BYD and Sinopec have successfully converted a conventional gasoline station in Shanghai into a state-of-the-art BYD Flash…

GWM Says Haval H10 Secures 31,826 Orders in First 24 Hours

Great Wall Motor’s Haval brand announced a significant market triumph with its new H10 boxy SUV, which garnered more than 31,826 orders within its initial 24 hours on the market.…

Off the grid: explorer Ed Stafford & JETOUR test off-road boundaries in Harbin

The strategic decision to host the event in Harbin, a city renowned for its extreme climate and diverse landscapes, underscored JETOUR’s confidence in its vehicles’ ability to perform under the…

Chinese AI Powerhouse StepFun Reportedly Undergoes Major Strategic Reorganization Amidst Global Expansion Push.

StepFun, a prominent Chinese artificial intelligence company, is reportedly executing a significant internal reorganization, pivoting its core operations around two burgeoning strategic lines: foundation models and agent devices. This ambitious…

PokeBot Raises Hundreds of Millions of Dollars in Pre-A Funding

Shanghai, China – PokeBot, a nascent yet rapidly emerging Chinese startup specializing in embodied artificial intelligence (AI), has successfully concluded a pre-A funding round, securing hundreds of millions of dollars.…

Science and Technology Week in South China Sees Deals Worth Millions of Yuan

Dongguan, Guangdong province – The recently concluded China (Dongguan) International Science and Technology Cooperation Week generated nearly 500 million yuan ($75.6 million) in science and technology transactions, marking a significant…