The Archive

65 stories in Chinese Models Desk — nothing ever gets deleted.

China Desk

DeepSeek Halts Its $1.5B Fundraise After Founder's Candid Investor Remarks Go Viral

DeepSeek has paused its second financing round — targeting a $71 billion valuation — after leaked transcripts of founder Liang Wenfeng's private investor briefing spread across Chinese social media, exposing candid admissions about Nvidia dependence and the compute gap with the US. The episode reveals the tension at the heart of China's AI moment: world-class models built on constrained infrastructure, now navigating the pressures of public capital markets.

Wei LianWei Lian
Jul 26, 2026 11m
China Desk

Xiaomi's MiMo Gets Its Government Stamp — and a Flagship Phone to Match

Xiaomi's MiMo AI framework cleared China's national generative AI registration on July 15, joining Apple, Huawei, and five other manufacturers in a landmark batch approval — and the company is now racing to embed its trillion-parameter MiMo-V2.5-Pro into everything from a terminal coding assistant to its upcoming 18 Fold foldable. Here's what the full MiMo stack looks like, and why it matters beyond China's borders.

Sophia ChenSophia Chen
Jul 26, 2026 10m
China Desk

WAIC 2026: China Launches a Rival AI Governance Bloc, Unveils Frontier Hardware, and Bets on the Global South

At the World Artificial Intelligence Conference in Shanghai, China did far more than preview Qwen3.8 — it formally established WAICO, a 29-nation intergovernmental AI body designed to rival the EU AI Act and G7 Hiroshima Process, while Huawei debuted the Atlas 950 SuperPoD and a wave of agent-native smartphones signalled a new phase of China's AI ambitions. For developers and enterprises, the week's events mark the clearest signal yet that the global AI landscape is splitting into two incompatible regulatory orbits.

Sophia ChenSophia Chen
Jul 20, 2026 11m
China Desk

Alibaba Unveils Qwen3.8 at WAIC: A 2.4-Trillion-Parameter Frontier Model — and a Promise to Open-Source It

Announced at the World Artificial Intelligence Conference in Shanghai, Alibaba's Qwen3.8 is a 2.4-trillion-parameter multimodal MoE model that the company claims is 'second only to Fable 5' — and, in a break from precedent, Alibaba has pledged to release the weights as open-source. The preview is live now through Token Plan, Qoder, and QoderWork at 10% of standard pricing.

Wei LianWei Lian
Jul 20, 2026 11m
China Desk

Tencent's Hy3 Arrives: A 295B Open-Weight Agent Model That Rewrites the Deployment Economics of Chinese AI

Tencent has open-sourced Hunyuan Hy3, a 295-billion-parameter Mixture-of-Experts model under the Apache 2.0 license — and its combination of frontier-class agentic performance, a sub-300GB FP8 footprint, and zero geographic restrictions makes it the most practically deployable Chinese frontier model yet. Meanwhile, DeepSeek V4's official mid-July launch and legacy API retirement are forcing every developer using Chinese models to act now.

Wei LianWei Lian
Jul 13, 2026 9m
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