One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models

BEIJING — Chinese companies are accelerating the rollout of new artificial intelligence models as competition with U.S.-based rivals OpenAI, Anthropic and Google intensifies. Just over a year ago, China-made DeepSeek rocked global markets with the release of an AI chatbot that undercut OpenAI’s ChatGPT on usage fees and production costs, raising questions about the efficacy…

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Alibaba-backed PixVerse launches real-time AI video tool

A screenshot of the PixVerse AI video generation home page showing sample clips. Screenshot BEIJING — An Alibaba-backed startup is pushing artificial intelligence toward real-time, interactive video creation. PixVerse on Tuesday released an AI tool that allows users to control how a video unfolds while it is being generated. And just like a movie director,…

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Hopes rise for Chinese property support ahead of Two Sessions meeting

Real Estate Projects in Yantai, Shandong, China on January 5, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers may be finally warming to the idea of tackling the country’s worsening real estate slump, raising expectations that stronger support measures could be coming later this year. The Communist Party’s official journal Qiushi, which means “seeking truth,” kicked…

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