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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
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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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DEEP Robotics Begins A-Share IPO Process, Becomes Third “Hangzhou Six Dragons” Company to Pursue Listing
Quadruped and humanoid robot maker DEEP Robotics has initiated its A-share IPO process, becoming the third among the "Hangzhou Six Dragons" tech firms to pursue a public listing. The company, which launched industry-first robots like the LYNX M20 in 2025, reported rapid revenue growth ahead of its listing move.
Vbot’s AI Robot Dog Sells 1,000 Units in 52 Minutes, Signaling Breakthrough for Consumer Embodied Intelligence
Vita Dynamics' AI-powered robot dog, priced at $1,368, sold over 1,000 units within 52 minutes of launch, setting a sales record for consumer embodied intelligence products. The device's autonomous capabilities, driven by 128 TOPS of on-device AI, signal a key validation for the mass-market potential of household robotic companions.
DP Technology Raises Over $109.6M in Series C as AI for Science Gains Strategic Capital Backing
AI for Science firm DP Technology has secured over $109.6M in a Series C round from a consortium of state and industrial investors. The capital will fuel the development of its "scientific discovery intelligence engine," aiming to reshape R&D paradigms in life and materials sciences.
UBTech to Acquire Controlling Stake in Zhejiang Fenglong Electric for $228.1M as Industrial Humanoid Robot Orders Near $191.8M
UBTech Robotics is acquiring a controlling stake in manufacturer Zhejiang Fenglong Electric for $228.1M to accelerate its humanoid robot industrialization. The move follows UBTech securing nearly $191.8M in industrial orders for its Walker S2 model, which has begun mass delivery.
Baidu’s ERNIE 5.0 Preview Tops LMSYS Arena, Surpassing GPT-5.2
Baidu’s ERNIE 5.0 Preview-1203 tops the LMSYS Arena text leaderboard with 1,451 points, becoming the first Chinese model to lead globally and outperforming GPT-5.2 in creative and complex tasks.
Baidu’s Radish Run Announces 2026 Entry into London Unmanned Driving Market
Baidu’s Radish Run partners with Uber to launch unmanned ride-hailing services in London in 2026, marking its first right-hand-drive market expansion beyond Hong Kong.
Ant Group’s “MaYi A Fu” AI Health App Goes Viral, Accelerating AI Healthcare Commercialization
Ant Group’s “MaYi A Fu” AI health app surges to over 15 million MAU, driving AI healthcare commercialization and boosting related stocks, as the sector accelerates with full hospital deployments and upcoming AI drug discovery IPOs.
Sazhi Intelligence Raises Hundreds of Millions RMB in Funding
Sazhi Intelligence secures hundreds of millions RMB in A++ and A+++ rounds led by Haitong Kaiyuan and Guoyuan Equity to accelerate R&D and global expansion of its embodied intelligence robots for flexible manufacturing.
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