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
Figure Robotics’ F02 humanoid robot featuring a high-degree-of-freedom dexterous hand.Illustration: humanoid robot dexterous-hand durability concerns. (Source: Sohu IT) China’s humanoid robots are being tested by reality, and reality is winning. A manager at one robotics firm, whom we will call Wang Hao, told Chinese business outlet Yicai that the dexterous hand his company sources from … Read more
Chinese automakers are selling cars overseas at nearly double the domestic price. This isn’t price gouging — it’s strategy. Take the Xiaopeng MONA L03, launched in Munich on July 16. In Germany, the pure EV version starts at €35,600 ($27.6K USD equivalent). In China, the same car starts at ¥123,800 ($17.2K). The markup is nearly … Read more
NVIDIA’s stock is up just 10% this year. AMD has surged 142%. Micron has gained 213%. The Philadelphia Semiconductor Index is up 71%. And NVIDIA, the company that defined the AI era, is trading at its lowest valuation in nearly five years. At roughly $212 per share, the market is pricing NVIDIA as if it … 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
Humanoid robots can dance, backflip, and run marathons. What they cannot do, it turns out, is find enough paying customers. A growing number of analysts are asking an uncomfortable question about the humanoid robot boom: who is actually buying these machines? The answer, according to a detailed analysis published on Chinese tech media Sohu IT, … 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.
China is fighting a European war on two fronts. The first front is the product. The second front is the buyer. Marco Girometti has stood on both sides.
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.