Ant Group, Chinese AI association launch AGI research fund
Selected projects can receive as much as 300,000 yuan ($44,242) each for one-year collaboration cycles, with strong-performing projects eligible for continued funding.
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Pakistan, Alibaba strike AI and digital economy deals
Under the agreements, Alibaba.com will provide AI and digitalization training for 10,000 Pakistani small businesses through its AI-powered trade platform Accio Work.
Zhejiang-born medical AI agent shines at World Health Assembly
Officials said roughly one in every three Zhejiang residents has used the service, helping reduce average hospital visit times by about 20 minutes. Reported user satisfaction rates reached 98%.
Hangzhou showcases tea-picking robot at industry expo
Equipped with two robotic arms, the prototype harvested about 3,500 buds per hour during field tests conducted in Hangzhou tea plantations in April 2026, according to previous media reports.
China deploys world’s first sonic fish farm off Zhejiang coast
The acoustic barrier mainly affects croaker species, while other fish and shrimp can move freely through the area, allowing a more natural marine ecosystem to form.
Zhejiang University to give embodied AI students personal robots on entry
The newly created major is part of a wave of new AI-related disciplines introduced under China’s 2026 undergraduate program catalog released by the Ministry of Education in early May.
DeepSeek hires ex-Jane Street quant for coding agent drive
Cui Tianyi, a former co-founder of quant trading firm TSY Capital, joined DeepSeek’s newly formed Harness team in March, according to his LinkedIn profile.
DeepSeek slashes API prices to record low as token costs plunge
At the new rates, DeepSeek said usage cost of its V4-Pro model now drops to industry-low levels, with cached input costing as little as 2.5 fen, the smallest unit of the Chinese currency, per million tokens.
Hangzhou launches first AI-focused class at Jack Ma-founded school
Teaching will combine in-house interdisciplinary faculty with external mentors from Zhejiang University, Shanghai Jiao Tong University and major technology companies.
Wenzhou launches AI institute to boost factory automation
The broader ecosystem around the China (Wenzhou) Data Security Harbor has already attracted 1,215 data-related companies, according to the conference.