Zhejiang to roll out 20,000 humanoid robots annually by 2027
The plan places humanoid robots among Zhejiang’s priority industries as China intensifies efforts to commercialize embodied AI and advanced robotics.
Year: 2026
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Alibaba turns annual family day into showcase of everyday AI ambitions
More than 40,000 guests registered for this year’s event on May 10, coinciding with Mother’s Day and the 22nd edition of Alibaba’s annual open-campus carnival.
Rokid taps chipmaker Awinic as AI eyewear battle heats up
The partnership highlights growing industry recognition that dedicated chips optimized for spatial computing could become critical as AI glasses move toward mass adoption.
Vizta Lab closes angel funding to bring AI-powered telescopes to consumers
Vizta Lab develops AI-enhanced optical imaging products focused on long-range observation scenarios such as birdwatching, stargazing and outdoor photography.
PingPong rolls out global payments tool for Chinese dining chains
Chinese restaurant operators going global are increasingly running into fragmented payment ecosystems, complex revenue-sharing structures and rising compliance costs across different markets
DeepSeek seeking record $7.4 billion funding, report says
This comes as competition among the country’s large language model developers intensifies, driving demand for capital to secure compute, attract talent and accelerate commercialization.
Chinese caviar king seeks Hong Kong listing after global rise
Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.
Qwen upgrades S1 AI glasses with proactive AI and 3D display
Unlike passive interactions that respond only when prompted, the S1 now combines time, location, and environmental cues to provide anticipatory alerts.
Hangzhou startup unveils AI-powered pet emotion translator
The device, named PettiChat, uses an embedded microphone and gyroscope to capture animal sounds and movements.
Zhejiang advances economy as Q1 tech investment hits RMB 172B
In the innovation sector, Zhejiang plunged 16.14 billion yuan into 211 science and technology foundation projects, with an investment completion rate of 38.47%.