Hangzhou fair to put Token economy at heart of global AI trade
The event will also bring together Hangzhou’s “Six Little Dragons” and the “New Eight Stallions” for the first time.
Month: August 2026
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Alibaba execs buy HK$120M as shares tumble 8.5% after $10M placement
The market’s reaction reflects the tension between Alibaba’s long-term AI strategy and its near-term financial burden.
PrimeBot opens preorders for Q1, T1 as humanoids enter consumer market
The company’s key technical bet is a Transformer-based architecture that allows the same hardware to operate across the two configurations.
Alibaba’s Wan3.0 turns slides and spreadsheets into 30-second videos
This helps to address a persistent problem with AI-generated video: maintaining continuity across a sequence.
DeepSeek makes weekends half-price in latest API pricing tweak
Under the revised rules, effective from midnight Beijing time on Aug. 23, DeepSeek no longer distinguishes between peak and off-peak hours on weekends.
Alibaba raises $10.2 billion in record HK share sale to fund AI push
The fundraising comes as Alibaba enters an AI investment window defined by accelerating revenue but mounting pressure on profits.
Today’s Yangtze funding roundup: BCI, new materials, robotics, quantum…
AI and quantum startups attracted fresh capital, spanning brain-computer interfaces, materials discovery and next-generation computing.
When Alibaba Cloud grows 45%, AI is rewriting Alibaba’s growth story
From its Zhenwu chips and Qwen models to Qwen App and Qwen Office, Alibaba is attempting to build a full-stack AI ecosystem.
Unitree’s ‘$14 billion roller-coaster’: When a dream valuation meets a tiny float
The rapid shift between buying and selling pressure produced a 27% intraday swing and sent the stock down another 18.7% the following day.
The Wang Xingxing I know: Humble geek, fierce competitor, relentless workaholic
Toward competitors — especially those capable of challenging his company’s position — his attitude can become highly defensive and combative.