Alibaba Cloud leads China relational database market with 26% share
The performance marks the seventh consecutive year that Alibaba Cloud has ranked first in the market since 2019.
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Dasouche tumbles over 40% on Nasdaq debut after $51 million IPO
The decline marked one of the steepest first-day drops for a Chinese listing in recent years.
DeepSeek launches major hiring campaign after blockbuster funding
The company said it is hiring across 33 positions spanning seven broad categories, with roles based in Beijing and Hangzhou.
UniFusion raises angel funding to advance compact nuclear reactors
UniFusion’s approach to fusion differs from larger tokamak systems by using a more compact design and lower construction costs.
Loading robot producer Senad secures $44 million Series C round
The system allows robots to simulate how cargo stacks will deform and shift before making a grasp.
Qwen powers AI admissions surge as millions turn to chatbots
Career prospects have emerged as the dominant concern among users as China wrestles with high youth unemployment rates in recent years.
Alibaba sues Pentagon over military blacklist designation
The company argued that the decision violates the US Constitution’s due process protections and infringes on its free speech rights.
MagicLab ties up with JD in embodied AI push, eyes $147M robot sales
The agreement covers joint R&D, product co-creation, scenario expansion and ecosystem development, according to the two companies.
Alibaba explores sale of gaming unit Lingxi in latest strategic retreat
This comes as the e-commerce and cloud computing giant continues to streamline operations and focus resources on AI and cloud computing.
Robot hand maker Agilink becomes unicorn after $147M funding round
The company is a spinout from the Agibot ecosystem and focuses on dexterous-hand hardware and algorithms.