China

China's AlphaPai, an AI assistant for investment research, has raised $50 million in a Series B round backed by major Chinese financial institutions, its third funding round in a year.

China's foreign ministry warned against "fear-mongering" over AI after U.S. executives, led by Anthropic's Dario Amodei, called for slowing the technology's development and cautioned that a Chinese lead would threaten U.S. security.

Z.AI proposes a Hong Kong share placement and a separate convertible-bond issue with combined gross proceeds of about $5 billion, subject to closing conditions.

Anthropic co-founder and chief executive Dario Amodei has called on the AI industry to "deliberately" slow the pace of developing models.

Anthropic says it disrupted AI-orchestrated cyber operations and unauthorized attempts by labs to extract capabilities from Claude.

Shenzhen–Hong Kong–Guangzhou has retained the top spot in WIPO’s 2026 ranking of the world’s largest innovation clusters.

Google Threat Intelligence Group says attackers are beginning to use multi-agent AI systems to compress cyber operations, including a credential-harvesting campaign completed in under six hours.

Tencent has open-sourced Hy4 preview, a 770-billion-parameter model with 49 billion active parameters and a one-million-token context window.

XTransfer has secured in-principle approval for a UAE retail payment services license, subject to completing the central bank's pre-issuance conditions.

TDCX has opened its sixth China center in Foshan with about 100 positions and AI-assisted customer experience services for Greater Bay Area clients.