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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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CiDi Autonomous Driving Lists in Hong Kong, Becomes First Commercial Vehicle Autonomy Stock
CiDi's IPO marks a milestone for autonomous driving in commercial sectors like mining and ports, validating its “smart vehicle + infrastructure” model.
Leapmotor Begins Nationwide Delivery of Lafa 5 EV, Starting at $12,900
Leapmotor commenced delivery of its affordable Lafa 5 EV, starting under RMB 93,000, offering up to 605km range and available with LiDAR.
Shargreek Previews Shargeek 300 Power Bank Overseas, Pushes Portable Power Output to 300W
Charging brand Shargreek unveiled the Shargeek 300, a power bank boasting a massive 300W output for charging demanding devices like laptops and drones.
Woan Robotics Launches Hong Kong IPO With Hillhouse as Cornerstone Investor, Eyes “AI Home Robotics First Stock”
AI home robotics firm Woan Robotics launched its HK IPO, backed by $90M in cornerstone investments led by Hillhouse and known for its ACE.MATE tennis robot.
Xiaomi Launches Xiaomi Smart Display 11, Strengthening AI-Powered Home Interaction
Xiaomi launched the Smart Display 11, an 11-inch home hub with WeChat video calls and enhanced voice assistant for seamless smart home control.
EpimAb Biotherapeutics Updates IPO Filing: China’s TCE Pioneer Turns Profitable Through Landmark Licensing Deals
EpimAb Biotherapeutics, a Chinese T-cell engager (TCE) pioneer, updated its HK IPO filing. It has achieved profitability through licensing deals worth over $2.1 billion.
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.
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