Date Round Amount Key Investors Aug 13, 2019 Strategic Tens of millions RMB CAS Star, Tsinghua University Asset Management, Fortune Capital, Huakong Fund, Jiangmen VC, Turing Ventures Sep 14, 2021 Series A Hundreds of millions RMB Luster LightVision, Xinglian Capital (Z Fund), Beijing Dafan, Tongzhi Investment, Xingtang Tongzhi, Rongpin Investment Sep 26, 2022 Series B … Read more
Moonshot AI founder Yang Zhilin presenting Kimi Chat’s long-context model capabilities. After DeepSeek, another Chinese model has rattled the United States. On July 22, four things happened in a single day. Michael Kratsios, head of the White House Office of Science and Technology Policy, publicly accused Moonshot AI on X of “large-scale distillation” of American … Read more
On July 23, the International Mathematical Union awarded the Fields Medal — mathematics’ highest honor — to four mathematicians. Two of them, Deng Yu and Wang Hong, were born in China. It is the first time in the prize’s 90-year history that two Chinese-born mathematicians have won in the same year. Deng Yu, born in … Read more
On July 24, Jensen Huang posted his first-ever tweet. It wasn’t about NVIDIA’s latest GPU, earnings, or a product launch. It was about open source AI. Huang’s newly created X (Twitter) account shared an open letter titled “Open-Weight Models and American AI Leadership,” signed by NVIDIA, Microsoft, Meta, Hugging Face, Mistral, Y Combinator, and 15+ … Read more
Wang Xingxing, founder and CEO of Unitree Robotics, has achieved what no Chinese entrepreneur has done in eight years: appear on the cover of TIME Magazine. The cover, published July 23, features Wang alongside Unitree’s mech product GD01 under the headline “The Robot Age Is Here.” The last time a Chinese business leader appeared on … Read more
When Japanese technicians cracked open a Unitree G1 humanoid robot, they found a reason to give up. Nikkei xTECH, a Japanese technology media outlet, published a teardown video of Unitree’s G1 on July 23. The verdict, as reported by CCTV News, was blunt: China’s humanoid robot technology has clearly moved beyond the “show-and-tell” stage, and … Read more
“The government will not give us a penny.” Liang Wenfeng just broke Washington’s favourite DeepSeek story. A transcript of 118 investor answers reveals a very different narrative.
NVIDIA, Microsoft, Meta and 22 others signed a letter that, read carefully, is a lobbying front to keep Chinese open-weight models legal in America. Washington sees a geopolitical threat. Silicon Valley sees a supply chain opportunity.
China’s Bid to Flood the World with Cheap AI, Said Bloomberg. Half Right. On Friday at 8:36am, Bloomberg published a sweeping story on China’s plan to flood the world with cheap AI. I am quoted in it, mapping DeepSeek’s investors to the layers of the industry. Sixteen hours before that story ran, 29 countries signed … Read more
Trump, the Nation Builder: How an Accidental Architect Built the Nation of Engineers As Air Force One touches down in a self-assured Beijing this May 14th, 2026, a curious moniker echoes across the Chinese internet: Chuan Jianguo (川建国)—or “Trump, the Nation Builder”. It is a title born of exquisite geopolitical irony. To the Chinese public, … Read more