Video generation startup Sand.ai has completed a $200 million Series A+ financing round. The round was jointly led by Keystone Capital and Wangsu Science & Technology. Participants included Shidai ...
This year the prop was “tokens.” In the livestream room of Li Jiaqi—one of China’s best-known live-commerce hosts, whose sales segments can move enormous volumes in minutes—a Qwen Office trial ...
TMTPOST — Juqiao Industrial has completed a Series A financing of 100 million yuan led by Ant Group, according to Duowei Capital. Existing shareholders Lingyi Venture Capital, Weihai Gangrong and ...
China’s large internet groups spent the first phase of the generative-AI boom adding chat boxes and side features to products they already owned. They are spend ...
TMTPOST — China’s consumer price index rose 0.9% year-on-year in the first three quarters of 2026, according to data from the National Bureau of Statistics. By category, prices for food, tobacco, ...
The same public accounts also show how hard the math can be: a year of rapid volume with negative gross margin and a wide net loss is a reminder that tokens are not a free cash machine. Below both ...
TMTPOST — Shenzhen Ruide Pharmaceutical has completed a first-round financing of nearly 100 million yuan, according to HLC. The round was jointly led by HLC and Qianhai Ark, with Shenzhen SME ...
Sumitomo Mitsui Banking Corporation has signed a memorandum of understanding with Ant International to cooperate on cross-border payments and mutual business expansion, focusing on Japan, Singapore ...
Shoppers are testing AI chat for product shortlists while platforms weave assistants into the path to checkout. The technology fits messy retail decisions. Control of the first question—and trust in ...
Vertical short dramas once depended on rushed live shoots in Los Angeles. Generative video has collapsed production budgets, pushed work back to China, and favored apps that can distribute at scale.
The People’s Bank of China conducted 412 billion yuan of seven-day reverse repurchase operations on October 27 using a fixed-rate, quantity-based tender that fully met primary dealers’ demand. The ...
Compute-in-memory AI chip company Houmo Intelligent has completed a Series B financing of tens of billions of yuan, according to multiple reports citing informed sources. Investors included upstream ...
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