Xiaomi and Meituan Announce Major Job Cuts
Xiaomi and Meituan cut thousands of jobs amid profit declines, price wars, and AI-driven restructuring in China's tech sector.
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Xiaomi and Meituan cut thousands of jobs amid profit declines, price wars, and AI-driven restructuring in China's tech sector.
AI agents in China are moving from technical feasibility to commercial profitability, with real-world deployment across manufacturing and government.
Xiaomi cuts jobs across divisions amid a 56.5% profit plunge, as the Chinese tech giant restructures to cut costs while betting billions on AI.
Meituan lays off fewer than 2,000 employees after a brutal price war in China's instant-retail sector erased billions in profit as it pivots to AI.
Meituan lays off nearly 2,000 employees after a year-long instant-retail price war burned RMB 150 billion. The company now pivots aggressively toward AI.
As AI reshapes photography from smartphones to studios, a profound question emerges: can beauty truly be quantified and computed?
China's AI sector surges: one-person companies rise, Zhipu shares jump 13%, memory chip makers boom, and OpenAI launches GPT-Live voice model.
A persistent chip shortage driven by AI infrastructure demand is forcing Apple, Microsoft, and Chinese brands to raise prices on consumer electronics.
Unitree Robotics, China's leading humanoid robot maker, receives CSRC approval for its STAR Market IPO, aiming to raise $618 million in a landmark listing.
Chinese robotics firm UBTech unveils UWORLD U1 Series lifelike humanoid robots for consumers, priced from $17,650, with over 13,000 pre-orders.
Smart glasses are being used as covert recording devices in China, sparking urgent calls for regulation. Experts demand mandatory privacy standards.
China's AI industry debates charging for large language models as costs soar, while chipmaker YMTC restructures for a mega IPO amid a memory super-cycle.
Chinese chipmaker YMTC cedes control of its foundry unit XMC to a state-backed fund, streamlining operations ahead of a blockbuster STAR Market IPO.
Chinese AI startup DeepSeek launches image recognition after securing $7B in funding, but hilariously fails to recognize its own founder.
Ant Group launches Alipay's biggest-ever overhaul with AI assistant Abao, transforming the app into an AI-native super app with over 10,000 services.
China's ChangXin Memory Technologies wins CSRC approval for a record 29.5 billion yuan IPO on Shanghai's STAR Market, a milestone for chip self-sufficiency
AI is transforming China's electronics industry as Shenzhen's Huaqiangbei market sees AI product sales surge from 12% to 41% of total.
Alibaba's Partnership Committee publicly criticizes DingTalk's management after a viral employee essay exposes workplace culture issues at the tech unit.
Chinese mobility giant Hellohub denies allegations of regulatory evasion and safety failures after a critical investigative report by Titan Media.
3D-printed metacrystal panels guide 6G signals around obstacles, while a new report ranks China's AI computing power second globally.
Tencent opens WeChat to AI assistants from Huawei, Honor, Xiaomi, Oppo, and Vivo via a new A2A protocol, marking a strategic shift for China's super app.
Tencent's market value surged $53 billion after reports it is developing an AI agent for WeChat, signaling growing investor confidence.
Alibaba promotes CTO Wu Zeming to its Partnership steering committee, placing a technology leader alongside Jack Ma and Joe Tsai to drive AI strategy.
Sichuan Province launches a sweeping AI+ strategy covering 20 sectors with a three-step roadmap to 2035, positioning itself as a national AI leader.
BYD unveils its first in-house 4nm autonomous driving chip, the Xuanji A3, with L3/L4 capability and 700 TOPS, marking a milestone in China's EV chip race.
Zhipu AI's market cap surpassed HK$880 billion after shares surged 1,600% since IPO, making it one of Hong Kong's most valuable tech firms.
Chinese AI developer Zhipu AI briefly topped HK$880 billion in market value, surging 1,600% since its January IPO as investors bet on rapid revenue growth.
Xiaomi cuts MiMo-V2.5 API prices by up to 99% to match DeepSeek, reigniting China's AI price war amid weak Q1 earnings and rising global AI costs.
Tencent, Alibaba, Baidu, and China Mobile are racing to dominate AI entry points—from OS-level assistants to model platforms and intelligent agents.
A global token shortage is reshaping AI computing as demand explodes. Major tech firms impose limits as China's northwest emerges as a hub.
China's leading NAND flash maker Yangtze Memory Technology Group files for A-share IPO, a milestone in semiconductor self-sufficiency amid U.S. sanctions.