(opens original source in a new tab)PandailyOverwhelmed Within Two Days of Launch: Moonshot AI Kimi K3 Open-Source Model Goes Global With 41% of World Open-Source Downloads and 4x Paid User Growth OverseasKimi K3, the largest open-weight model at 2.8T parameters, crashed services within 2 days of release, overseas paid users grew 4x, and API revenue grew 400% as China open-source dominates global downloads. (opens original source in a new tab)contact@pandaily.com (Pandaily)·31 July 2026
(opens original source in a new tab)South China Morning PostBeyond the Pitch: How IdeaPOP! Is Teaching Students to Build Social Innovation That Works[The content of this article has been produced by our advertising partner.] When the SEED Foundation began reviewing applications for IdeaPOP! 2026, a pattern emerged almost immediately. Across more than a hundred submissions from Hong Kong secondary school students, artificial intelligence featured in nearly every proposal. That observation raised a more important question than whether students knew how to use AI. Were they learning how to apply it with judgment — and, more importantly, how to. (opens original source in a new tab)Advertising partner·31 July 2026
(opens original source in a new tab)South China Morning PostUnitree to launch IPO next week as US-China robotics rivalry intensifiesUnitree Robotics will launch its initial public offering (IPO) in Shanghai next week, the firm announced late on Thursday, as China’s robotics start-ups race to go public amid an intense rivalry with their counterparts in the United States. The Hangzhou-based company plans to sell 40.45 million shares, or 10 per cent of its enlarged share capital. It is another closely watched debut on Shanghai’s Star Market, following the recent listing of ChangXin Memory Technologies (CXMT), whose market... (opens original source in a new tab)Xiaofei Xu,Wency Chen·30 July 2026
(opens original source in a new tab)South China Morning PostUS scientist Elsa Reichmanis defends global collaboration amid scrutiny of science exchangeAmerican materials scientist Elsa Reichmanis, whose pioneering work helped lay part of the foundation for modern semiconductor manufacturing, said scientific collaboration should transcend rivalry after receiving one of China’s highest honours for foreign experts, describing science as “a universal language” that benefits all of society. Reichmanis, a professor of chemical engineering in Lehigh University’s department of chemical and biomolecular engineering and the director of its Institute for (opens original source in a new tab)Ben Jiang,Ling Xin·30 July 2026
(opens original source in a new tab)South China Morning PostChina’s smart-vacuum giants swept up in US robot ban, hitting top options for AmericansThe fallout from Washington’s fresh import ban on foreign robots appears poised to disrupt the American living room, threatening to lock out market-dominating Chinese smart vacuums. The Federal Communications Commission (FCC) added foreign-produced “advanced robotic devices” to its so-called Covered List on Tuesday, blocking new models from obtaining the equipment authorisation required for US import and sale. While initial reports largely focused on humanoids and quadrupeds – with the FCC... (opens original source in a new tab)Iris Deng·30 July 2026
(opens original source in a new tab)South China Morning PostByteDance’s US$4b projected AI revenue tops China as it restructures office tool LarkByteDance has integrated its enterprise collaboration unit into other teams, a move that sharpens its focus on using artificial intelligence to serve corporate clients as annualised AI revenue of US$4 billion pushes it to the front of the pack in China, according to sources. The Beijing-based company decided to integrate the product team of office tool Lark, known as Feishu domestically, into the product team in charge of the Doubao AI chatbot, according to an internal memo seen by the South... (opens original source in a new tab)Coco Feng·30 July 2026
(opens original source in a new tab)South China Morning PostAnt Group spin-offs pursue independent growth with strategic capital movesThe three independent spin-offs of Chinese fintech giant Ant Group are accelerating their capital-raising efforts, forging distinct financial paths after gaining operational autonomy in 2024. Ant Digital Technologies is preparing a financing round ahead of its initial public offering, according to Chinese financial news outlet STAR Market Daily, marking the latest strategic move from one of the units that it spun off. Details regarding the round’s valuation, target size, timeline or planned... (opens original source in a new tab)Howard Liu·30 July 2026
(opens original source in a new tab)South China Morning PostChinese motorcycle exports roar to record highs amid tech gains, upmarket pushChinese motorcycle exports hit a record in the first half of the year as domestic manufacturers, armed with their own technology gains, targeted upmarket segments long dominated by Honda, Yamaha and BMW. Exports reached 26.2 million units worth US$11.28 billion, rising 23.2 per cent in volume and 26.3 per cent in value year on year, according to Chinese customs data. Shipments to the US climbed 40 per cent to more than 3.9 million motorcycles, valued at US$1.13 billion. Unlike Chinese electric.. (opens original source in a new tab)Xiaofei Xu·30 July 2026
(opens original source in a new tab)South China Morning PostUS-listed Chinese stocks benefit as Fed policy haze drives rotation amid AI slumpChinese stocks trading overseas may emerge as a shelter for global investors, as confusion over the Federal Reserve’s monetary path drives diversification away from US equities and bonds amid a stumbling artificial intelligence trade. The Nasdaq Golden Dragon China Index of the biggest Chinese companies listed in the US has bucked a broader sell-off since the Fed’s July rate-decision meeting, rising 1.7 per cent. The Nasdaq-100 slumped 2.1 per cent and longer-dated Treasuries also fell during... (opens original source in a new tab)Zhang Shidong·30 July 2026
(opens original source in a new tab)Rest of WorldWith Moonshot’s free Kimi K3, China changes the sovereign AI playbookGovernments can now deploy top-tier AI locally, bypassing costly U.S. cloud rentals. (opens original source in a new tab)Indranil Ghosh·30 July 2026
(opens original source in a new tab)Rest of WorldWith Moonshot’s free Kimi K3, China changes the sovereign AI playbookGovernments can now deploy top-tier AI locally, bypassing costly U.S. cloud rentals. (opens original source in a new tab)Indranil Ghosh·30 July 2026
