Tag: AI
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China Launches Three-Year Plan to Supercharge AI Startups
Read more: China Launches Three-Year Plan to Supercharge AI StartupsSeptember 4, 2026 (InvestinChina.asia) – The Ministry of Industry and Information Technology (MIIT) has rolled out a sweeping three-year blueprint designed to turn China into a global hotbed of artificial-intelligence entrepreneurship. The AI Small-and-Medium Enterprise Startup Support Plan (2026–2028), issued on August 29 and made public this week, sets concrete targets that aim to double down…
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China’s Unicorn Universe Hits 11.7 Trillion Yuan as AI Dethrones New Energy
Read more: China’s Unicorn Universe Hits 11.7 Trillion Yuan as AI Dethrones New EnergyChina’s unicorn economy has crossed a historic threshold. As of May 2026, the nation’s 310 privately held startups valued above $1 billion carried a combined worth of 11.7 trillion yuan ($1.63 trillion), up 38.8% year-on-year, with artificial intelligence overtaking new energy to become the single largest valuation pool for the first time, according to the…
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Z.AI (Zhihpu) H1 2026: Revenue Surges 399.7% as Business Model Pivots to Cloud APIs; Adjusted Loss Still Widens
Read more: Z.AI (Zhihpu) H1 2026: Revenue Surges 399.7% as Business Model Pivots to Cloud APIs; Adjusted Loss Still WidensAugust 31, 2026 (InvestinChina.asia) — Z.AI Co., Ltd. (formerly Beijing Zhihpu Huazhang Technology Co.), trading as Zhihpu (02513.HK), on Monday reported its first interim results since listing, with revenue soaring 399.7% year on year to 953.9 million yuan, even as the underlying business model underwent a dramatic restructuring that dragged overall gross margin lower and…
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Domestic AI Compute Boom Confirmed as Metax, Cambricon, Hygon All Report Surging Demand
Read more: Domestic AI Compute Boom Confirmed as Metax, Cambricon, Hygon All Report Surging DemandAugust 31, 2026 (InvestinChina.asia) — Metax Integrated Circuit (Shanghai) Co. (688802.SH) on Monday released its first half-year report since listing on the STAR Market in December 2025, posting revenue of 1.32 billion yuan and a return to headline profit, even as its underlying operating performance remained in the red for the six-month period. The results…
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China Steps Up AI Commercialization Push with Service Provider Resource Pool, Token Procurement Support
Read more: China Steps Up AI Commercialization Push with Service Provider Resource Pool, Token Procurement SupportAugust 31, 2026 (InvestinChina.asia) — The Ministry of Industry and Information Technology (MIIT) on Monday unveiled a special campaign to cultivate artificial intelligence application service providers, setting explicit headcount targets for a national resource pool and throwing policy weight behind procurement of large models, agents and tokens, as well as the overseas rollout of AI…
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Shanghai Sets 2.1 Trillion Yuan Target for Strategic Emerging Industries in New Five-Year Blueprint
Read more: Shanghai Sets 2.1 Trillion Yuan Target for Strategic Emerging Industries in New Five-Year BlueprintThe municipal government has released its long-anticipated “15th Five-Year Plan for Strategic Emerging Industries,” targeting 2.1 trillion yuan in value-added output and signaling its ambition to become a globally dominant innovation hub by the end of the decade. Key Targets at a Glance Shanghai’s municipal government on Wednesday released its long-anticipated “15th Five-Year Plan for…
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China Unveils Sweeping Plan to Boost Domestic Tech Champions, Prioritize AI Chip Self-Reliance
Read more: China Unveils Sweeping Plan to Boost Domestic Tech Champions, Prioritize AI Chip Self-RelianceAug 21, 2026 (InvestinChina.asia) – China’s top internet and cyberspace authority has issued a comprehensive action plan aimed at bolstering domestic cybersecurity and information technology (IT) firms, explicitly directing resources toward the development of high-end artificial intelligence chips and foundational software as part of a broader push for technological self-sufficiency by 2030. The blueprint, released…
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To Escape the Bubble Label, AI Must Book Nearly $1 Trillion in Revenue by 2029—And the Funding Gap Won’t Close Until 2028
Read more: To Escape the Bubble Label, AI Must Book Nearly $1 Trillion in Revenue by 2029—And the Funding Gap Won’t Close Until 2028August 18, 2026 (InvestinChina.asia) – The artificial intelligence industry must generate revenue on the order of one trillion US dollars by 2029 to cover its accounting costs and prove that the current capital-spending boom is not a bubble, according to a research note published Monday by Guojin Securities’ macro team led by chief economist Song Xuetao, with contact…
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China Redraws Its Computing-Power Map: Training Goes West, Inference Sinks East
Read more: China Redraws Its Computing-Power Map: Training Goes West, Inference Sinks EastAugust 14, 2026 (InvestinChina.asia) — Computing power has become the scarcest strategic resource of the artificial-intelligence era. From the grasslands of Inner Mongolia to the highlands of Qinghai, from the old industrial base of Heilongjiang to the green-power frontier of the west, a nationwide race to build AI computing infrastructure is underway. After visiting computing…
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2026 China Computational Power Conference to Convene in Langfang Sept. 11–13, Spotlighting AI Infrastructure Buildout
Read more: 2026 China Computational Power Conference to Convene in Langfang Sept. 11–13, Spotlighting AI Infrastructure BuildoutAugust 12, 2026 (InvestinChina.asia) – The 2026 China Computational Power Conference (CCPC) will be held from September 11 to 13 in Langfang, Hebei Province, under the theme “Weaving the Computing Power Network Together, Ushering in a New Intelligent Future,” according to an announcement from the Ministry of Industry and Information Technology. The gathering arrives at…