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NewsTuesday, 14 July 2026
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The latest AI & Technology news, announcements and analysis from the conferences, expos and summits shaping the sector.

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World's First Neurodynamic Chip Matches Brain Speed: Peking University Breakthrough in Science
Pandaily

World's First Neurodynamic Chip Matches Brain Speed: Peking University Breakthrough in Science

PKU team unveils the world's first phase-change memristor neural dynamical system chip, achieving 2.12ms step latency and up to 478x speedup over NVIDIA A100 for brain modeling.

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contact@pandaily.com (Pandaily)·7 July 2026
Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal
South China Morning Post

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

Shares of Kuaishou Technology fell more than 6 per cent on Tuesday morning after Tencent Holdings slashed its stake in the short-video platform by selling 273 million Class B shares, just days after leading a US$3 billion financing round for Kuaishou’s artificial intelligence video unit, Kling AI. The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent, meaning the tech giant would cease to be a substantial shareholder, according to a Kuaishou filing to

Ben Jiang·7 July 2026
Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal
South China Morning Post

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

Shares of Kuaishou Technology plunged 12 per cent on Tuesday after Tencent Holdings slashed its stake in the short-video platform by selling 273 million Class B shares, just days after leading a US$3 billion financing round for Kuaishou’s artificial intelligence video unit, Kling AI. The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent, meaning the tech giant would cease to be a substantial shareholder, according to a Kuaishou filing to the Hong Kong

Ben Jiang·7 July 2026
China records most new unicorn start-ups in 5 years as AI and robotics boom
South China Morning Post

China records most new unicorn start-ups in 5 years as AI and robotics boom

China’s innovation ecosystem has witnessed a resurgence, minting 67 new unicorn start-ups in the first half of 2026 – the biggest increase in almost five years – as AI and robotics kick off a new investment cycle. The growth translates into an average of one new unicorn – private companies valued at US$1 billion or more – in less than every three days and was the highest since the second half of 2021 when 76 new unicorns were created, according to a Monday report by ITJuzi, a start-up...

Coco Feng·7 July 2026
China records most new unicorn start-ups in 5 years as AI and robotics boom
South China Morning Post

China records most new unicorn start-ups in 5 years as AI and robotics boom

China’s innovation ecosystem has witnessed a resurgence, minting 67 new unicorn start-ups in the first half of 2026 – the biggest increase in almost five years – as AI and robotics kick off a new investment cycle. The growth translates into an average of one new unicorn – private companies valued at US$1 billion or more – in less than every three days and was the highest since the second half of 2021 when 76 new unicorns were created, according to a Monday report by ITJuzi, a start-up...

Coco Feng·7 July 2026
AI & Machine Learning
MIT Technology Review

Your family’s $300 stake in OpenAI

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. OpenAI CEO Sam Altman’s oft-discussed promise that Americans will share in the wealth AI creates was in the news again last week. On Thursday, the Financial Times reported that Altman is in…

James O'Donnell·6 July 2026
AI & Machine Learning
MIT Technology Review

Your family’s $300 stake in OpenAI

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. OpenAI CEO Sam Altman’s oft-discussed promise that Americans will share in the wealth AI creates was in the news again last week. On Thursday, the Financial Times reported that Altman is in…

James O'Donnell·6 July 2026
Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies
South China Morning Post

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies

Tech giant Alibaba Group Holding has secured a temporary legal reprieve that effectively allows it to resume lobbying in the United States, the latest development in its dispute with the Pentagon after the firm was included on a blacklist of companies deemed to support China’s military. A judge in the Northern District of California on Sunday ordered the Department of Defence not to enforce a lobbying prohibition against Alibaba while the court considered the firm’s constitutional challenge to..

Ann Cao·6 July 2026
Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies
South China Morning Post

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies

Tech giant Alibaba Group Holding has secured a temporary legal reprieve that effectively allows it to resume lobbying in the United States, the latest development in its dispute with the Pentagon after the firm was included on a blacklist of companies deemed to support China’s military. A judge in the Northern District of California on Sunday ordered the Department of Defence not to enforce a lobbying prohibition against Alibaba while the court considered the firm’s constitutional challenge to..

Ann Cao·6 July 2026
CDAO Melbourne + Co located Events 2026
Corinium Global Intelligence

Three Major Data and AI Conferences Unite in Melbourne to Tackle Leadership, Architecture & Enterprise Transformation

Australia’s data and AI community will come together in Melbourne this September, as three major conferences unite to explore how organisations can better align leadership, architecture and enterprise-wide AI adoption.

Moira Ungerleider·6 July 2026
Huawei’s next smartphone chip taps new scaling law for performance boost: paper
South China Morning Post

Huawei’s next smartphone chip taps new scaling law for performance boost: paper

Huawei Technologies’ coming smartphone processor is on track for a performance boost, without the need for more advanced processing nodes or lithography technology, according to new production data unveiled by the firm. Using Huawei’s LogicFolding architecture, the Kirin 2026, a mobile processor set to power the firm’s coming flagship Mate handsets launching this autumn, has increased transistor density by 55 per cent compared to last year’s Kirin9030 Pro, according to an updated paper on the...

Iris Deng·6 July 2026
Global robotaxi market set to hit US$1t by 2040 as China tech costs plummet: Morgan Stanley
South China Morning Post

Global robotaxi market set to hit US$1t by 2040 as China tech costs plummet: Morgan Stanley

The global robotaxi sector is on track to become a US$1 trillion market by 2040, according to Morgan Stanley, with Chinese players like Baidu, Xpeng and WeRide primed to be regional front-runners alongside global leaders Tesla and Waymo. In a research note on Friday, the US investment bank forecast that falling manufacturing costs in China would act as a “major underappreciated accelerant” for the industry. Driven by cheaper supply chains, the cost of parts per vehicle for Chinese-made robotaxi.

Richard Chen·6 July 2026

Most Read

  1. 01

    World's First Neurodynamic Chip Matches Brain Speed: Peking University Breakthrough in Science

  2. 02

    Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

  3. 03

    Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

  4. 04

    China records most new unicorn start-ups in 5 years as AI and robotics boom

  5. 05

    China records most new unicorn start-ups in 5 years as AI and robotics boom

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