Moore Threads saw its shares soar 425 per cent on their Shanghai debut on December 5. Photo: DigiTimes

    Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans

    More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits. GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing…

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      Moonshot and MiniMax step up as China’s new frontier AI labs

      Chinese artificial intelligence start-ups Moonshot AI and MiniMax have emerged as China’s strongest contenders to rival US frontier labs in 2025 – even as DeepSeek has stolen the spotlight as the poster child for the country’s AI ambitions. Moonshot AI, founded by 33-year-old Yang Zhilin, has sharply raised its profile in China’s AI ecosystem with…

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      AI experts urge US-China collaboration at Shanghai conference

      AI experts urge US-China collaboration at Shanghai conference

      Renowned scientists and business leaders from the US and China are calling for greater collaboration in the field of artificial intelligence amid growing concerns that humanity might lose control of the rapidly evolving technology. In his talk, Hinton acknowledged the challenges of international cooperation owing to divergent national interests on issues such as cyberattacks, lethal…

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      Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

      Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

      Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the US for supremacy in the fast-developing technology. The three-day World Artificial Intelligence Conference (WAIC), with the theme of “Global Solidarity in the AI Era”, will kick off on Saturday with an opening keynote from Premier…

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      MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

      MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

      MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…

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      MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

      MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

      MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…

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      Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

      Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

      Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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      Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

      Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

      Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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