MiniMax, the Shanghai-based AI startup tagged as China’s second “AI tiger”, exploded as much as 90% on its first trading day in Hong Kong after raising about HK$4.8 billion. The debut outshined rival Zhipu AI and underlined red‑hot investor demand for homegrown generative AI champions.
Nvidia is forcing Chinese buyers of its H200 AI chips to pay the full bill before a single GPU ships, with no refunds or changes allowed. The move shows how fragile AI chip trade has become as Washington and Beijing keep changing rules on both sides of the Pacific.
China’s commerce ministry has begun reviewing Meta’s 2 billion dollar purchase of AI startup Manus, asking if the shift of staff and code to Singapore and the sale to Meta needed an export license under Chinese law, in a move that could reshape future cross‑border AI deals.
Lenovo has expanded its AI lineup with Nvidia, unveiling an AI Cloud Gigafactory program and the Qira personal AI platform at CES 2026. The partnership aims to cut AI data‑center deployment to weeks and link Lenovo–Motorola devices through one cross‑device assistant.
Intel is using CES 2026 to push a new AI PC wave with its Core Ultra Series 3 chips, the first built on the advanced Intel 18A process and tuned for gaming, creation, and edge workloads across more than 200 laptop designs.
A U.S. judge has refused to dismiss a class-action accusing Amazon of Covid‑era price gouging, citing “unpersuasive” defenses and massive spikes on basic goods between 2020 and 2022.