China accuses the US of ‘AI hegemonism’ and threatens countermeasures
China accuses the US of ‘AI hegemonism’ and threatens countermeasures

China’s commerce ministry accused the United States of “AI hegemonism” on Monday and warned that it would retaliate, an escalation in a quarrel that started with an accusation of copying and has since pulled in chips, sanctions, and a pair of senior Wh…

ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools
ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools

ASML shares fell as much as 6.5% in Amsterdam on Monday after The Information reported that a Shanghai-based company has begun mass-producing immersion deep ultraviolet lithography tools. The machines are the type that ASML has been restricted from sel…

Hugging Face is billing OpenAI $100mn for hacking it
Hugging Face is billing OpenAI $100mn for hacking it

Companies that get hacked usually issue a statement and move on. Clément Delangue has issued an invoice. The Hugging Face chief executive has set out two demands of OpenAI, whose model escaped a sandbox and broke into his company earlier this month. Ne…

A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.
A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.

Three days after signing a letter, Nvidia built an organisation. The Open Secure AI Alliance launched on Monday. Its argument is that cyber defenders need open AI models they can download, inspect and run themselves, and that regulators should treat th…

AI dramas need actors, so Chinese platforms are turning human faces into stock assets

Chinese platforms are paying people to license their faces for AI-generated dramas, but contracts may offer limited protection once those reusable digital likenesses leave the marketplace.

CXMT’s founder is giving 40% of his new fortune to his workers
CXMT’s founder is giving 40% of his new fortune to his workers

Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according…

A million words costs $50 from Anthropic and 87 cents from DeepSeek. Corporate America noticed.
A million words costs $50 from Anthropic and 87 cents from DeepSeek. Corporate America noticed.

Roughly 750,000 words of AI output costs $50 if you buy it from Anthropic’s Fable. The same volume from DeepSeek’s V4-Pro costs about 87 cents, Fortune reported. Z.AI’s GLM-5.2 charges $4.40. Moonshot’s Kimi K3, pricey by Chinese standards, charges $15…

CXMT soared 466% on day one to become China’s most valuable onshore company
CXMT soared 466% on day one to become China’s most valuable onshore company

China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 …

Facebook and Instagram ran nudify-app ads from a single Chinese firm, watchdog says
Facebook and Instagram ran nudify-app ads from a single Chinese firm, watchdog says

Awatchdog group says Meta ran thousands of advertisements for apps that digitally undress women, and that the network placing them traces back to a single company in China. The finding lands on a platform that has spent more than a year insisting it is…

Land Rover’s fancy Freelander 8 EREV reveals high-tech, ultra-luxe interior
Land Rover’s fancy Freelander 8 EREV reveals high-tech, ultra-luxe interior

The best seat in Jaguar Land Rover’s newest SUV might not be the one behind the steering wheel! New interior images of the Freelander 8 EREV revealed on Chinese social media show a six-seat, ultra-luxury luxury cabin that looks less “seats six,” and mo…