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“Qwen Panic”: How Alibaba’s AI Ambitions Are Shaking Silicon Valley
"Qwen Panic" captures Silicon Valley's unease as Alibaba's AI advances challenge U.S. dominance, with its open-source Qwen models and ChatGPT-competing app reshaping the competitive landscape.
Newsflash
Alibaba Launches Robotics and Embodied AI
News
Xiaomi Responds to Incident of Car Reportedly Driving Off on Its Own
AI
Afari Technology Unveils AI Plan and New Brand
In Chongqing, Afari debuted its brand and “AI + Vehicle” strategy, showcased 8D city smart-driving, and outlined a rapid robotaxi rollout toward large-scale commercialization.
Industry
ByteDance’s Doubao Translation Model Supports 28 Languages, Performance Comparable to GPT-4o
ByteDance debuts Doubao translation model: two-way across 28 languages, performance comparable to GPT-4o, with fluent output and 4K context.
WAIC2025
Zhipu AI Launches GLM‑4.5, an Open-Source 355B AI Model Aimed at AI Agents
Chinese startup Zhipu AI (now rebranded as Z.ai) has open-sourced its new flagship model GLM‑4.5, a 355-billion-parameter foundation AI model. The July 28 ann...
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Vertaxi Raises $13.9M to Accelerate Certification and Commercialization
Vertaxi raises fresh capital to push its “cargo-first” eVTOL M1 toward certification, tapping into China's strategic low-altitude economy push.
Major Shake-Up in Autonomous Freight: Cainiao Group Said to Eye Stake in Zelostech as Two “Sub-$10K RoboVan” Leaders Move Toward Integration
China’s autonomous freight market may be heading toward a major consolidation as two ultra-low-cost RoboVan leaders explore a deep strategic tie-up.
Iluvatar CoreX Passes HKEX Listing Hearing, Bringing a Scarce General-Purpose GPU Heavyweight to Hong Kong Stocks
Iluvatar CoreX has cleared a key IPO milestone, setting the stage for Hong Kong stocks to gain a rare pure-play general-purpose GPU name.
XPeng Unveils High-Tech Vehicle Featuring a Plane Built into the Trunk, Launch Expected in H2 2026
XPeng is pushing the boundaries of future mobility with vehicles that seamlessly integrate driving, robotics, and flight.
ByteDance’s AI Phone Partnership Plan Revealed: Zero Token Fees in a Bid to Trade Margins for Market Access
ByteDance is reshaping the AI smartphone landscape with a partnership model that sacrifices short-term revenue to secure long-term control of user entry points.
ONVO L60 Violet Edition Launches, Limited to 666 Units
ONVO has unveiled the limited-edition L60 Violet, pairing exclusive styling with strong performance, long range, and class-leading safety.
Galbot Raises Over $300 Million, Setting a New Single-Round Record in Embodied AI
Galbot has secured a landmark funding round as embodied intelligence rapidly moves from research into large-scale industrial deployment.
Volcano Engine Releases Doubao Large Model 1.8, Entering the Global Top Tier of Multimodal AI
Volcano Engine has unveiled a major upgrade to its flagship foundation model, signaling a new leap forward in multimodal and agent-based AI capabilities.
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