China tech sector

CXMT’s rise to China’s most valuable firm signals new era for country’s tech sector

2026-08-17T02:47:47.000Z
Alibaba aims to reach US$100 billion in AI revenue in five years.

Alibaba said to be selling gaming arm for US$1.5 billion in boost to AI pivot

2026-08-17T02:18:19.000Z
Alibaba’s download data for Qwen makes it “one of the largest foundations of the open AI ecosystem,” said a new Hugging Face report.

Alibaba’s Qwen hits 3 billion downloads, outpacing China and US AI rivals

2026-08-16T08:41:48.000Z
CXMT has become a proxy trade for the China’s AI ambitions and semiconductor self-sufficiency push.

CXMT overtakes Tencent as most valuable Chinese firm amid AI frenzy

2026-08-14T01:08:24.000Z
DeepSeek gave an advance warning on Aug 6 that it would hike prices, without specifying the exact increases.

DeepSeek raises peak prices of flagship AI models to more than four times current levels ahead of IPO

2026-08-14T00:45:16.000Z
Though Moonshot’s Kimi K3 did not try to breach other companies’ websites, as in some of the other episodes, the test shows it lacks cyber controls, the researchers say.

China’s top AI model evaded testing environment, researchers say

2026-08-07T07:59:06.000Z
Imports were up 27.5% from July 2025, slowing from the 36% jump in June and were in line with an expected 27.9% gain.

China’s July exports beat expectations on robust high-tech demand fuelled by global AI boom

2026-08-07T05:31:10.000Z
Alibaba shared results showing Qwen3.8-Max delivering comparable or sometimes better scores than Anthropic’s Fable 5.

Alibaba releases new Qwen AI model with performance rivalling Anthropic’s Fable

2026-08-03T05:24:36.000Z
The divergence hinges on how the rise of CXMT will change competition, cyclical dynamics and pricing in the global memory industry. 

CXMT’s US$1 trillion target gap flags high stakes in chip battle

2026-08-03T01:38:22.000Z
CXMT was founded in 2016 in Hefei after acquiring technology and intellectual property from the bankrupt German memory maker Qimonda.

After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?

2026-08-02T08:26:17.000Z