Zhipu AI Hits HK$1 Trillion Valuation as GLM-5.2 Challenges American AI Dominance
Zhipu AI surpasses HK$1 trillion market cap as its open-source GLM-5.2 model ranks second globally in coding benchmarks, challenging American AI dominance....
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TSMC 3nm Prices to Jump 15% as AI Demand Outpaces Capacity
TSMC plans to raise 3nm foundry prices by up to 15% in H2 2026 as AI demand continues to outpace capacity, despite monthly output reaching 160,000–175,000 wafers....
Norway Bans Generative AI in Elementary Schools: "Children Must Learn to Read, Write, and Do Math First"
Norway will ban generative AI tools in elementary schools starting late August 2026, with Prime Minister Støre arguing children must first develop basic reading, writing, and math skills before using AI assistants....
Amazon Wants to Sell Its Own AI Chips to Other Companies — and Become a $50 Billion Business
Amazon is exploring external sales of its Trainium AI chips, a move that could generate $50 billion in annual revenue and directly challenge Nvidia's dominance in AI hardware....
When Americans Choose Chinese AI: The Shift Nobody Saw Coming
A growing number of American developers and researchers are choosing Chinese AI models like DeepSeek and Zhipu over Western alternatives, driven by performance, openness, and practical advantages....
Zhipu AI's GLM-5.2 Just Challenged OpenAI and Anthropic on Their Home Turf
Zhipu AI's GLM-5.2 closes the gap with Western frontier models on coding benchmarks, signaling a new phase in China's open-source AI challenge....
Xiaomi Unleashes MiMo Claw AI Agent, Raises Free Access to Four Hours
Xiaomi launches MiMo Claw, a general-purpose AI agent that can browse, shop, book travel, and make reservations -- offering four hours of free usage to challenge competitors....
DeepSeek Takes Outside Money for the First Time at $50 Billion Valuation
Chinese AI lab DeepSeek is raising its first external funding round at a 0 billion valuation....
Ant Group Is Building an AI Super App for 1 Billion People — And Nobody Saw It Coming
Ant Group is secretly beta testing an AI-powered version of Alipay that could become the largest AI deployment in history, with over one billion users and deep integration into payments, finance, and daily services....
China's AI 'Hundred Model' War Shifts to Enterprise Value — And JPMorgan Says That's When It Gets Real
JPMorgan's Alex Yao argues China's AI landscape is consolidating from a 'hundred model' free-for-all to a focused battle over enterprise value and monetization, with ByteDance's Doubao subscriptions signaling the end of the free AI era....