Today’s Yangtze funding roundup: CIM chips, robotics, fusion, AI toys…
The delta’s startups working on next-gen AI chips, physical AI, robotics, fusion and AI toys raised fresh funding.
Day: September 9, 2026
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Zhejiang leads China’s 2026 private-sector innovation rankings
The trend reflects a broader shift in Zhejiang from “follower” innovation toward technology-led competition.
Geely founder Li Shufu warns against ‘shortcuts’ in China’s auto race
He also criticized what he called overly aggressive innovation, in which insufficiently tested designs are incorporated into vehicles.
Excelland Robotics rockets 142% in Hong Kong as losses linger
Excelland’s listing offers a useful test of how far investor enthusiasm for robotics can outrun the underlying economics.
CXMT rolls LPDDR6 memory tech into Xiaomi flagship phone and beyond
The company expects the technology eventually to expand beyond flagship smartphones into smart vehicles, edge servers and wearables.
DeepSeek cuts Flash API prices by up to 60% as AI price war heats up
DeepSeek’s latest strategy combines aggressive pricing to win users and peak/off-peak rates to encourage better use of computing capacity.
DeepSeek begins testing V4.1 Flash with native multimodal support
More revealingly, the company’s internal testing questionnaire asks users whether the model could fully replace the current DeepSeek V4 Pro online.
Alibaba’s QoderWake 1.0 creates digital employees with a prompt
The launch reflects a shift in AI-agent development from helping individuals work faster toward assigning AI agents specific roles.