aka Ping. @technology reporter. Tweeting about crypto, gaming & all things Chinese internet. Ex @SCMPTech, @qz. Views mine. No endorsements.
BJ via HK via SH
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Pinned Tweet
China’s move to unwind Meta’s $2 billion takeover of Manus has become a cautionary tale for the nation's tech industry.
Read our deep dive on what went wrong for a startup once hailed as another "DeepSeek moment"
shorturl.at/wBHCa
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SCOOP: Chinese-founded AI startup Manus is set to double its valuation to $4 billion in its first fundraising since Beijing ordered it to split from Meta bloomberg.com/news/articles/… w/ @Hazeology
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Meta has completed an operational split from Manus and halted data sharing between the two companies bloomberg.com/news/articles/…
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China’s move to unwind Meta’s $2 billion takeover of Manus has become a cautionary tale for the nation's tech industry.
Read our deep dive on what went wrong for a startup once hailed as another "DeepSeek moment"
shorturl.at/wBHCa
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In China’s AI arena, Alibaba has outpaced Tencent with the sheer speed of rollouts and user growth. But the latter firm is now seizing the initiative as agentic AI fever grips the country bloomberg.com/news/articles/…
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The night when I ate crayfish at a openclaw meetup in BJ 🦞
Excitement for building AI agents with OpenClaw is reaching fever pitch in China bloomberg.com/news/newslette…
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Alibaba’s tech lead for its Qwen open-source model is standing down, a surprise move that is rattling the global developer community and casting a shadow over the tech giant’s pivot into AI bloomberg.com/news/articles/…
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SCOOP
Moonshot is targeting a valuation of $10 billion in an expansion of a funding round already backed by Alibaba and Tencent bloomberg.com/news/articles/…
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JUST IN: Alibaba-backed Moonshot AI has unveiled Kimi K2.5, an upgraded omni-model that integrates native visual and text understanding.
The Beijing startup just closed a $500M Series C at a $4.3B valuation, bolstering its bid to match frontier US labs shorturl.at/91IU0
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Kimi's technical blog here: kimi.com/blog/kimi-k2-5.html
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Zheping Huang retweeted
This Bloomberg chart shows how massive Tencent's international gaming business is - after decades of M&A and organic growth.
This does NOT include China gaming revenue.
Tencent's international gaming unit is led by Michelle Liu.
bloomberg.com/news/articles/…
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Tencent is no longer just a passive investor in global games. It's taking a hands-on approach, deploying a 1,000-member team to guarantee hits from 20 or so global studios it has acquired.
Our interview with Michelle Liu, CEO of Tencent Games Global: shorturl.at/Snph2
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Exclusive: The scientist who led development of Tencent's flagship AI model has raised $50 million with a startup planning to release a rival to OpenAI’s Sora, the latest high-profile entry in one of the more profitable of AI spheres bloomberg.com/news/articles/…
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Who could’ve ever guessed it:
Now you can ditch the boring registry office to tie the knot at Shanghai’s most overhyped club INS 💒🪩
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Jack Ma green-lit Alibaba's most daring move in years: a $7 billion investment to unseat JD & Meituan in meal delivery.
Read our account of how China's most famous entrepreneur is back and making bold bets in AI and quick commerce shorturl.at/qIotp
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SCOOP: Manus is set to roll out a Wide Research feature to set itself apart from rivals like OpenAI.
It allows broad research by assigning tasks to multiple AI agents working in tandem.
E.g. rating the top 100 MBA programs or analyzing 10,000 stocks.
bloomberg.com/news/articles/…
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Got impersonated plz report and be carefully if this account sends you crypto meme coins my dear X friends
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Zheping Huang retweeted
Does China have the world’s best and cheapest food delivery apps?
As JD.com revives its fight in the country’s $80 billion-plus food delivery market, @allenwan290 puts three apps to the test to see who will deliver his Shake Shack lunch order the fastest bloom.bg/460zxuQ
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