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Headlines
  • 2026-06-042026-06-04

    Yiwu commodity hub files for HK IPO, sets stage for global expansion

  • Hangzhou digital transformation
    2026-06-042026-06-03

    Hangzhou tops China’s pilot ranking for SME digitization

  • 2026-06-042026-06-03

    DeepSeek nears record $7.4 billion fundraising round – Reuters

  • 2026-06-032026-06-03

    Alibaba adds CTO Wu Zeming to partnership committee amid AI race

  • 2026-06-032026-06-03

    Alibaba turns Qwen into platform for branded AI agents

  • NextVPU makes vision processing unit, or edge vision chips
    2026-06-032026-06-03

    NextVPU moves HQ to Hangzhou as physical AI shifts to edge vision chips

  • Heavy Hitters
  • News

Alibaba chip unit unveils network card to ease AI data bottlenecks

admin2026-04-282026-04-2803 mins

It supports up to 400 Gbps throughput and is designed for AI training clusters, general computing infrastructure and high-performance storage.

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  • News
  • Startups

Unitree wins patent for cleaning robot, to expand beyond legged machines

admin2026-04-282026-04-2803 mins

The move is not Unitree’s first attempt to branch out beyond legged robotics and expand monetization channels.

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  • Heavy Hitters
  • News

Kaluga Queen opens Hangzhou flagship store as caviar mogul targets home market

admin2026-04-282026-04-2805 mins

The company said the goal is to make caviar more accessible, shifting it away from its long-standing image as an exclusive fine-dining symbol.

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  • News
  • Startups

MagicLab sets up Hangzhou base to scale humanoid production

admin2026-04-282026-04-2804 mins

The Hangzhou expansion signals a broader strategic shift toward real-world deployment and order fulfillment.

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  • News
  • Startups

DeepSeek boosts capital, founder tightens control amid funding talks

admin2026-04-282026-04-2802 mins

On a look-through basis, Liang Wenfeng controls about 84.29% of DeepSeek, maintaining effective control of the company.

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  • News
  • Policy

Hangzhou eyes 33,000 AI patents as it rolls out new IP measures

admin2026-04-282026-04-2803 mins

Hangzhou also aims to cultivate over 18,000 high-value patents through dedicated programs, but officials fell short of defining “high-value” at the conference.

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  • Heavy Hitters
  • News

Alibaba joins Time’s Top 10 most influential AI companies list

admin2026-04-282026-04-2804 mins

Time cited Alibaba’s expanding full-stack AI capabilities—from chips and cloud infrastructure to models and applications—as a key factor behind its inclusion.

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  • News
  • Policy

Hangzhou targets 50 ‘AI-powered factories’ in manufacturing overhaul by 2026

admin2026-04-282026-04-2804 mins

Hangzhou’s push draws on its industrial base of nearly 7,500 large-scale manufacturers with annual main-business revenue of 20 million yuan ($2.93 million) and more.

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  • Heavy Hitters
  • News

Surging auto parts orders lift Joyson Electronics profits to 18% in Q1

admin2026-04-282026-04-2804 mins

This comes as the Chinese auto supplier for domain controllers and cockpit electronics reported a spike in new orders and stepped up investments in emerging technologies including robotics.

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  • Heavy Hitters
  • News

Alibaba opens testing for HappyHorse AI video model with paid rollout

admin2026-04-282026-04-2803 mins

The model, introduced on April 27 as part of so-called “gray testing,” is available to selected global creators and enterprise clients via its official website and cloud platform Bailian.

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Recent News

  • Yiwu commodity hub files for HK IPO, sets stage for global expansion
  • Hangzhou tops China’s pilot ranking for SME digitization
  • DeepSeek nears record $7.4 billion fundraising round – Reuters
  • Alibaba adds CTO Wu Zeming to partnership committee amid AI race
  • Alibaba turns Qwen into platform for branded AI agents

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