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24 stories found

TechnologyReutersbloombergseeking-alpha+2caixin-globalnews24-sa20h ago5 sources

Tencent Launches New Open-Source AI Model to Compete With Rivals

Chinese tech giant Tencent has unveiled a new large-scale open-source artificial intelligence model designed for coding and research tasks. The company claims the release will help it close the technological gap with domestic competitors like Z.AI and Moonshot.

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut
BusinessBBCbloombergNYT+29FTnzzyle-uutisetcnbchelsingin-sanomattagesschaufazberlingske+21 more1mo ago32 sources

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut

Chinese chipmaker CXMT experienced a spectacular stock market debut in Shanghai, with its shares surging by nearly 470%. This record-breaking performance briefly made it China's most valuable company, driven by strong demand for AI memory and a substantial IPO.

Zhipu AI Unveils Domestic-Chip AI Model, Boosting Stock Price
TechnologybloombergcnbcSCMP+4caixin-globalinvesting-comglobal-timeszerohedge1d ago7 sources

Zhipu AI Unveils Domestic-Chip AI Model, Boosting Stock Price

Zhipu AI has released GLM-5.3-Flash, a new artificial intelligence model developed entirely on domestically manufactured Chinese chips. The announcement triggered an 8% surge in the company's shares as it positions itself against major Western competitors.

China's Z.ai Develops New AI Model to Rival Anthropic and OpenAI
BusinessbloombergDawnchannel-news-asia+1seeking-alpha14d ago4 sources

China's Z.ai Develops New AI Model to Rival Anthropic and OpenAI

Chinese AI company Z.ai announced its new GLM-5.3 model, claiming it approaches the performance of Anthropic's Mythos 5 in cyber-defense tests and aims to compete with leading AI developers like Anthropic and OpenAI in coding capabilities.

China Develops Cheaper AI Models Amid Chip Shortages
Worlddennik-n1mo ago

China Develops Cheaper AI Models Amid Chip Shortages

Chinese startups like Moonshot AI, DeepSeek, and Z.AI are offering AI models that rival US competitors in performance, attributed by experts to more efficient use of computing power and US import restrictions on advanced chips.

Chinese AI Model Z.ai Matches US Competitors, Offers Lower Cost
Technologydennik-n1mo ago

Chinese AI Model Z.ai Matches US Competitors, Offers Lower Cost

A new artificial intelligence model developed by the Chinese company Z.ai has reportedly achieved performance levels comparable to leading US models from Anthropic and OpenAI. The Chinese model is also significantly more cost-effective, operating at 6 to 8 times cheaper, and is proficient in detecting security vulnerabilities.