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China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
Survival Rules for Turbulent Times: A Compilation of the 20 Most Unmissable Core Insights from the 2026 Tsinghua PBCSF Forum
A dialogue between Zhu Min, former Deputy Governor of the People's Bank of China and former Vice Managing Director of the International Monetary Fund; Michael Spence, 2001 Nobel Prize winner in Economics and Philip H. Knight Professor Emeritus of Management at Stanford Graduate School of Business; and Masaaki Shirakawa, former Governor of the Bank of Japan, at the 2026 Tsinghua PBCSF Global Finance Forum.
May 18, 2026 02:22 PM
Doubao starts charging, Musk's xAI seeks change, the large model track welcomes a new turning point
The new journey of large models has already begun, transitioning from a tech carnival to value realization, and from unchecked growth to rational prosperity. This is an inevitable choice for the industry, and even more so, the defining trend of our time.
May 17, 2026 10:43 PM
Unpacking China | Key Chinese Firms to Watch This Week (10/05/2026-16/05/2026)
Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.
May 15, 2026 04:36 PM
Alibaba (阿里巴巴) and Tencent (腾讯) Earnings Reports Signal AI Expansion; Platform Enterprises Accelerate Global Layout
On May 13, Alibaba (阿里巴巴) and Tencent Holdings (腾讯控股) released their latest financial reports, with computing power and AI expansion becoming the primary focus of market attention. Simultaneously, JD.com (京东) and Pinduoduo (拼多多) are accelerating brand expansion in the cross-border e-commerce sector, while Meituan's (美团) international food delivery business continues to progress.
May 14, 2026 02:28 PM
ByteDance (字节跳动) Raises 2026 AI Infrastructure Budget to 200 Billion RMB, Accelerating Shift to Domestic Chips to Hedge Supply Chain Risks
On May 9, according to the South China Morning Post citing sources familiar with the matter, ByteDance (字节跳动) has raised its 2026 AI infrastructure capital expenditure plan to 200 billion RMB (approximately $29.4 billion), an increase of at least 25% from the 160 billion RMB scheme drafted at the end of last year.
May 11, 2026 05:37 PM
From a "Huawei substitute" to falling out of the top five: Where exactly did Honor lose?
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