China y BRICS+

China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs

Rising cost efficiency and rapidly advancing capabilities from players like DeepSeek and MiniMax have prompted Goldman Sachs to raise its run-rate revenue forecast for China’s artificial intelligence model market by 30 per cent to US$13 billion. In a research note published on Monday, the US investment bank boosted its year-end annualised recurring revenue (ARR) projection for mainland Chinese AI models from US$10 billion, citing aggressive price cuts, technical breakthroughs and accelerating...

Growth without work: The human cost of the AI revolution

In an excerpt from his book “The New Divide: Power, Control & the Cost of AI,” writer Jibu Elias examines the technology’s impact on jobs.

Growth without work: The human cost of the AI revolution

In an excerpt from his book “The New Divide: Power, Control & the Cost of AI,” writer Jibu Elias examines the technology’s impact on jobs.

Chinese data centre component firms hammered as US drafts ban

Shares in Zhongji Innolight dived as much as 16 per cent on Wednesday after a report the United States intends to ban Chinese-made optical transceivers from use in data centres being used to power the race to develop artificial intelligence (AI). The plan by the Federal Communications Commission (FCC) to halt imports of new models of optical transceivers – which convert data into light pulses and back again – is reportedly aimed at preventing Chinese firms stealing data, installing malware or...

Bridging Silicon Valley and Africa: from concept notes to innovation corridors

Tencent Expands International Access to Flagship Hy3 Model, Offers Free WorkBuddy Access Until Aug 31

Tencent rolls out its flagship Hy3 LLM internationally via WorkBuddy, Tencent Design Miora, and TokenHub — free on WorkBuddy until Aug 31, 2026.

Safety Risks Behind China's Top Open-Source LLMs: 76 percent Vulnerability Reproduction, Zero Refusal

An independent SaferAI audit of Zhipu's GLM-5.2 found cyber-offense capability on par with GPT-5.5 but a complete absence of content-filtering guardrails, exposing structural risks for open-weight releases.

When Quantum Meets AI: Six Academicians Chart a New Blueprint for Smart Computing

At the 5th CCF Quantum Computing Conference in Shenzhen, six CAS and CAE academicians outlined a national road map for AI-enabled quantum error correction and a unified quantum-supercomputing-AI infrastructure.

China’s Moonshot AI aims for US$50b round as year-end Hong Kong IPO targeted: sources

Chinese unicorn Moonshot AI has started and is expected to close its latest financing round by the end of this month, as it dismantles its offshore structure to pave the way for a potential Hong Kong initial public offering (IPO) as early as the end of the year, according to two sources familiar with the matter. The company was expected to raise capital at a valuation of up to US$50 billion in this latest round, one of the sources said. The South China Morning Post, citing sources, reported last

China’s Moonshot AI aims for US$50b round as year-end Hong Kong IPO targeted: sources

Chinese unicorn Moonshot AI has started and is expected to close its latest financing round by the end of this month, as it dismantles its offshore structure to pave the way for a potential Hong Kong initial public offering (IPO) as early as the end of the year, according to two sources familiar with the matter. The company was expected to raise capital at a valuation of up to US$50 billion in this latest round, one of the sources said. The South China Morning Post, citing sources, reported last

China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say

Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, according to two sources familiar with the matter, joining a growing wave of domestic robot makers flocking to capital markets, despite new US trade restrictions. The Shenzhen-based firm has tapped Huatai Securities and Morgan Stanley as sponsors for the prospective float, one of the sources said. Besides X Square, AgiBot and Galbot have also filed confidentially for Hong Kong IPOs, the...