# AI
Latest news and articles about AI
Total: 175 articles found
The Great Rebalancing: Meituan Emerges Scathed but Stronger from China’s 150-Billion-Yuan Delivery War
Meituan has successfully defended its 60% market share in China's food delivery sector following a massive 150-billion-yuan industry-wide subsidy war. The company is now pivoting toward AI-driven efficiency and international expansion as regulators call for an end to 'irrational' price wars.
China’s AI ‘Token’ Fever: A New Metric for an Emerging Compute Crisis
China is experiencing a massive surge in AI 'Token' usage, leading to a 30% price hike in computing services from major cloud providers like Alibaba and Tencent. This shift is transforming computing power into a strategic national resource and accelerating the push for domestic hardware alternatives.
Alibaba’s Tmall Pivot: The Battle for 'Certainty' in a Saturated E-Commerce Era
Tmall is shifting its 2026 strategy to focus on 'Confirmed Receipts' rather than GMV to combat high return rates and merchant fatigue. By leveraging AI for precision matching and aligning platform KPIs with merchant profitability, Alibaba aims to provide a more stable and cost-efficient environment for premium brands in a saturated market.
Silicon Sovereignty: Musk’s ‘Terafab’ Vision Challenges the Global Semiconductor Order
Elon Musk has announced the Terafab project, a massive semiconductor initiative aiming to produce one terawatt of computing power annually to support an interplanetary civilization. The project seeks to achieve silicon independence through atom-level manufacturing, potentially disrupting the current global foundry model and Nvidia's market dominance.
Xiaomi’s Sophomore Surge: Lei Jun Navigates the EV Price Wars with a Human Touch
Xiaomi has launched the next generation of its SU7 electric vehicle at a competitive 219,990 RMB, despite rising material costs. Founder Lei Jun is leveraging celebrity endorsements and a humble public persona to navigate market skepticism and technical controversies as the company expands into robotics and AI.
From Clever Vacuums to Autonomous Kitchens: How AI Is Sparking a New Wave of Consumer Robotics in China
At AWE 2026 in Shanghai Chinese appliance and robotics firms showcased a shift from conceptual demos to deployable, wheel-based home robots, edge AI devices and agent-driven software that enables continuous task execution. The convergence of embodied AI, open agent frameworks and China’s manufacturing scale is accelerating a global push of smarter consumer robotics, though challenges remain in software sophistication, regulatory differences and market fragmentation.
Tencent’s AI Push Goes From Labs to Ledger: Strong 2025 Results Mask a Strategic Pivot on Compute, WeChat Agents and ‘Shrimp’ Apps
Tencent’s 2025 results showed healthy revenue and profit growth while signalling an intensifying corporate pivot to AI. Management plans to double AI investment this year, is privately testing a major new foundation model, and is deploying AI across games, advertising and cloud, but is constrained by GPU supply and faces tough productisation and privacy challenges for a future WeChat agent.
Tencent Tops Estimates as Cloud Business Reaches Scaled Profitability, Buoyed by Enterprise AI Demand
Tencent beat fourth-quarter expectations with net profit of RMB 58.26 billion and revenue of RMB 194.37 billion, and said its cloud business has reached scaled profitability thanks to rising enterprise AI demand and stronger PaaS/SaaS uptake. While gaming and value-added services outperformed estimates, fintech and enterprise services slightly missed forecasts; the company proposed a final dividend of HKD 5.30 per share.
Hong Kong Tech Lifted by AI Hype and Memory Chip Rally as MiniMax Surges Nearly 20%
Hong Kong stocks ticked up as AI large‑model developers and memory semiconductor makers led a concentrated rally, with MiniMax surging nearly 20% and GigaDevice advancing double digits. The move reflects investor optimism about AI monetisation and cloud pricing, though risks from valuation froth, chip cyclicality and geopolitical constraints persist.
Li Auto’s Momentum Falters: Range-Extender Edge Erodes as AI Promises Fail to Solve Short-Term Pain
Li Auto’s sales and revenue plunged in late 2025 as discounts on legacy range-extended models and the rise of cheaper, better-equipped competitors cut into prices and margins. Management is pursuing a two-track response—commercial restructuring at retail and heavy investment in AI and self-developed chips—but these are long-term remedies that may not resolve immediate demand and margin pressures. The firm’s ample cash buffer provides breathing room, but turning AI spending into near-term competitive advantage will be critical to avoid further share loss in China’s cut‑throat NEV market.
Germany Pledges Big Boost in AI Compute, Betting on Data Centres to Power Industrial AI
Germany’s new data-centre expansion strategy aims to double general compute and quadruple AI-specific compute by 2030 versus 2025 levels. The plan is designed to secure industrial competitiveness and digital sovereignty, but its success depends on chip supply, energy capacity and coordinated public‑private investment.
Shanghai Hosts Hitch Open 2026, Turning the Spotlight on 'Physical Intelligence' — From Autonomous Mountain Runs to Robot Table Tennis
Hitch Open 2026 launched in Shanghai to test "physical intelligence" — embodied AI that must perceive and act reliably in the real world. The season features a Tianmen Mountain autonomous‑driving challenge and a new robot table‑tennis event, and organisers have struck industry partnerships to push prototypes toward commercial trials.