The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price.

DeepSeek might be grabbing the headlines, but Chinese start-ups Moonshot AI and MiniMax are emerging as serious rivals to US ...

AI is now a race to build data centres and secure electricity, says investor Allen Zhu, who argues China's energy push puts ...

Throughout the past couple of years, as AI fever swept China’s technology sector, one giant—Tencent—seemed to mostly be ...

The Chinese video game giant Tencent is now building some of the world’s best 3D AI models. This could have implications far ...

MiniMax and Zhipu, two Chinese AI startups, are preparing to go public in early 2026 on the Hong Kong Stock Exchange.

Bloomberg News reported in July that Zhipu was considering moving its IPO to Hong Kong from a previous plan to sell shares in mainland China. Details of both offerings are discussed and may change.

What if the next big leap in artificial intelligence wasn’t locked behind corporate walls but freely available to everyone? Enter the MiniMax M2, a new open source AI model that’s rewriting the rules ...

It feels like generative AI is everywhere in game development—a Google survey estimated 87% of game developers are using it ...

According to the Steam listing, “all code is AI vibe codes, also arts, sounds, music, texts.” Even the character faces shown in the trailer appear to be AI-modified selfies of the team members ...

Ubisoft has announced a new game prototype featuring voice-controlled AI teammates that understand visual context and natural language. This "Teammates" project builds on the Neo NPCs Ubisoft showed ...

A research team led by Professor Jaesik Choi of KAIST's Kim Jaechul Graduate School of AI, in collaboration with KakaoBank ...