On 12 August, Manus published an open letter to users announcing it would soon resume operating as an independent company and keep serving its millions of users worldwide. As part of resuming independence and complying with regulatory requirements in certain jurisdictions, data some users generated on or after Meta’s acquisition day of 29 December 2025 … Read more
DeepSeek, once nicknamed the large-model “price butcher”, is sheathing the knife. At 00:00 on 17 August, its new API prices took effect. Founder Liang Wenfeng is walking back the rock-bottom pricing that built DeepSeek’s brand. (Source: Sohu Tech) The adjustment covers V4 Pro and V4 Flash and introduces peak-valley pricing for the V4 series. Beijing … Read more
PChome reported on 17 August that Apple is grappling with a memory shortage that has pushed up production costs and created supply-chain risk. To relieve the crisis Apple wants to bring in Chinese supply and has already been testing memory from ChangXin Memory, also known as CXMT. CXMT’s memory passed Apple’s validation, then Washington stepped … Read more
Tencent’s second-quarter results show new AI products cut 10.5 billion yuan from operating profit, while capital spending hit 52.78 billion yuan, up 176 per cent, as it bets on WorkBuddy, the WeChat a
Cambricon’s first-half revenue reached 5.996 billion yuan, up 108 per cent, while Moore Threads narrowed its loss to 11.56 million yuan as China’s domestic AI chips ride demand and US export limits in
Doubao, ByteDance’s AI assistant, has started charging a commission. The same hotel room on the same settlement system costs an 8 per cent platform fee from the Douyin feed but 12 per cent when the order jumps from the Doubao chat box. The four-percentage-point gap has a single variable: the traffic came from an AI … Read more
Beijing ModelBest Technology has registered for IPO tutoring with China’s securities regulator, making it one of the first edge large-language-model developers to test a new STAR Market listing route for AI companies without scale revenue. The filing, dated 12 August 2026, names CITIC Securities as sponsor; the company completed its joint-stock reform on 5 August, … Read more
Brad Lightcap, the COO who built OpenAI’s enterprise business to 25 billion dollars in annualised revenue, has left weeks before a confidential S-1 and a 7 billion dollar buyback at an 852 billion dol
Xiaomi is reorganising XiaoAI around its MiMo base model so one shared AI layer can power phones, cars, homes and robots, protecting its service-distribution position as AI agents reshape how users re
On 6 August, DeepSeek said it plans to raise the pricing of its API services overall in the near term, with a substantial increase expected, and advised users to arrange their usage sensibly. Specifics will follow an official notice. DeepSeek currently runs a peak-and-off-peak schedule. On weekdays, peak hours, Beijing time 09:00 to 12:00 and … Read more