Enflame

Accenture Explores China Business Sale for Up to US$1.5 Billion, FT Reports

Accenture（埃森哲）is exploring a sale of its Chinese operations for up to US$1.5 billion, the Financial Times reported on October 18, citing people familiar with the matter. The potential transaction remains under review, with no buyer, agreed price or completion timetable announced.

Unpacking China | Key Chinese Firms to Watch This Week （11/10/2026-17/10/2026）

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.

Building the Data Infrastructure for Physical AI: Hesai Launches Kosmo 3D World Data Engine

Hesai Group (Nasdaq: HSAI; HKEX: 2525) ("Hesai" or the "Company"), a Physical AI infrastructure company, today launched Kosmo, a 3D world data engine built to solve one of the most critical bottlenecks in Physical AI: access to high-quality real-world data at scale.

DeepSeek Reportedly Agrees to Lead Winverse AI Seed Round, Extending Robotics Investment

DeepSeek (深度求索) has agreed to lead a seed financing round worth tens of millions of US dollars for Winverse AI, a startup founded this year by former Tencent scientist Hu Han (胡瀚), Bloomberg reported on October 12. The proposed round would value the company at approximately US$400 million after the investment and includes commitments from Meituan’s Long-Z Investments (龙珠资本).

Unpacking China | Key Chinese Firms to Watch This Week （4/10/2026-10/10/2026）

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.

Unpacking China | Key Chinese Firms to Watch This Week （20/09/2026-26/09/2026）

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.

Minieye Technology Unveils Driver Functional Readiness (DFR) Model and AI Cabin Butler at InCabin Europe 2026

BARCELONA, Spain, September 23, 2026 — Minieye Technology (2431.HK), a leading full-stack provider of intelligent driving and cabin solutions, today showcased its next-generation intelligent cabin technologies at InCabin Europe 2026. Aligned with evolving European regulatory safety roadmaps and Euro NCAP requirements, the company presented its strategic portfolio across two pillars: in-cabin safety and AI-powered cabin interaction.

DeepSeek and Moonshot Invited to Address UN Security Council on AI Risks

Chinese AI developers DeepSeek and Moonshot have been invited to make statements at a United Nations Security Council briefing on artificial intelligence and international security scheduled for September 23, Reuters reported. Their invitations would bring Chinese model developers into a session expected to include OpenAI CEO Sam Altman and senior representatives of Anthropic.

Baidu Says Overseas AI Office Platform Kooko Surpasses 10 Million Users Within First Year

Baidu（百度）said on September 21 that its overseas AI office platform Kooko had surpassed 10 million users within a year of launch, reaching nearly 200 countries and regions. Announced at the company’s AI Day, the milestone accompanied a rebranding of the product previously known as Oreate AI and a broader push by Baidu’s Wenku and Netdisk businesses into international productivity software.

Moonshot AI’s Kimi K3 Joins Amazon Bedrock as Overseas Revenue-Sharing Model Takes Shape

Amazon Web Services announced on September 18 that Kimi K3, developed by China’s Moonshot AI（月之暗面）, is available on Amazon Bedrock, expanding the model’s access to enterprise customers through AWS’s managed AI platform. On September 21, National Business Daily reported that Moonshot had confirmed an overseas cloud revenue-sharing arrangement, adding a commercial dimension to the launch. The financial terms remain undisclosed.

Unpacking China | Key Chinese Firms to Watch This Week （13/09/2026-19/09/2026）

X  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.

Zhipu AI Launches US$5 Billion Financing to Fund Next-Generation Models and Computing Infrastructure

Chinese foundation-model developer Zhipu AI（智谱）, listed in Hong Kong as Z.AI, has launched approximately US$5 billion in financing through a share placement and convertible bond offering. The transaction would substantially expand its funding for model development and computing infrastructure, highlighting the role of Hong Kong’s capital markets in financing China’s AI industry.

Saudi Arabia’s HUMAIN Unveils Arabic AI Model Developed by China’s MiniMax

Saudi Arabia’s Public Investment Fund-backed artificial intelligence company HUMAIN announced HUMAIN M3 on September 3, an Arabic-language model commissioned from Chinese AI developer MiniMax. Built on the MiniMax-M3 model family, it is available through HUMAIN Node as a research and evaluation preview, offering a concrete example of Chinese foundation-model technology supporting overseas AI development.

Unpacking China | Key Chinese Firms to Watch This Week （23/08/2026-29/08/2026）

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.

Moonshot AI in Talks With Microsoft, Amazon and Google on Kimi K3 Revenue Sharing

Moonshot AI（月之暗面） is in early-stage talks with Microsoft, Amazon and Alphabet’s Google on potential revenue-sharing agreements that could allow the U.S. cloud providers to host its Kimi K3 model, Reuters reported on Aug. 26, citing three people familiar with the discussions.

Harvey Builds Tenet on China’s Open-Weight Kimi K3

Harvey, the San Francisco-based legal-AI company used by more than 200,000 lawyers across 2,400 organizations, has introduced Tenet, its first post-trained open-weight model for legal work. The Aug. 20 research preview is built on Kimi K3, the open-weight foundation model released by Beijing-based Moonshot AI（月之暗面）, and was developed with AI-infrastructure company Fireworks.

Brazil Unveils AI Infrastructure Plan Including Huawei-iFlytek Partnership

Brazil has announced a package of about R$2.3 billion (US$444 million) to expand national artificial-intelligence infrastructure, including a planned partnership with Huawei Technologies（华为）and iFlytek（科大讯飞）on an AI-computing initiative in Rio de Janeiro.

Unpacking China | Key Chinese Firms to Watch This Week （16/08/2026-22/08/2026）

X  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.

Synthetic Biology: Who Will Emerge as the Winner?

The 21st century is the century of biology. Synthetic biology is believed to be a ‘World Changing’ industry. But the potential risks like cost control and commercialization pathways are fatefully tied to the ups and downs of countless investment decisions and the destiny of the many new start-ups getting involved. We look forward to seeing an emerging ‘giant’ on the horizon of this exciting industry.

Bloomage: Injecting Biotechnology into Beauty Care

Listed on the Chinese Star Market in November 2019, Bloomage was trading at CNY 138.01 as of June 24, 2020, over 38% higher than the IPO price of CNY 100.