MiniMax secures $2 billion in escalating China AI funding race
The fundraising comes as MiniMax’s market performance has diverged sharply from that of domestic rival Zhipu AI.
Year: 2026
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Alibaba folds Cainiao’s China unit into e-commerce in logistics overhaul
The restructuring extends a strategic shift that began after Alibaba withdrew Cainiao’s planned Hong Kong IPO in 2024.
Enflame given go-ahead for IPO registration, completes AI chip quartet
Enflame’s IPO approval marks another milestone in China’s bid to build a self-sufficient AI semiconductor industry amid tightening US export controls.
Today’s Yangtze funding roundup: Remote sensing, robotics, physical AI…
Investment appetite remains strong across frontier technologies, from commercial space and embodied AI to industrial automation.
Zhejiang claims record haul at 2025 National Science Awards
A key feature of Zhejiang’s innovation strategy is its “technology vice president” program.
CFMoto accelerates EV expansion with new production hub
The strategy is reinforced by the company’s growing presence in international motorcycle racing.
Memory’s AI boom raises an old question: Who wins when the cycle turns?
As chipmakers build new fabs and upgrade production lines, semiconductor equipment suppliers have become some of the biggest beneficiaries.
Memory giant CXMT opens share subscription for $4.3 billion IPO
The deal would rank second only to Semiconductor Manufacturing International Corporation’s record 53.2 billion yuan STAR Market IPO in 2020.
Today’s Yangtze funding roundup: Energy storage, drug discovery, robotics…
The latest rounds will fund product development, clinical trials, manufacturing expansion and global growth.
Alipay embeds AI agents across 30 million offline commerce devices
Rather than positioning AI solely as a tool for answering questions, Alipay is turning it into an operating system for brick-and-mortar commerce.