OpenAI told investors it would make $100B from ads by 2030.eMarketer's forecast for the ENTIRE US chatbot ad market by 2030: $10B.Even if OpenAI wins 100% share, that's a 90% miss.Turns out people asking ChatGPT to fix their PPT don't want to see a server ad mid-debug.The real money isn't in attention. It's in transactions — and Chinese AI labs figured that out first.

#Alibaba Qwen has open-sourced Qwen-Drive-1.0-4B, built on Qwen3.5-4B and described as the first VLM foundation model designed specifically for autonomous driving. It unifies 3D perception, visual Q&A and motion planning while retaining the original VLM architecture.

🚨 DeepSeek is reportedly planning a major AI computing center in Ulanqab, Inner Mongolia, with at least 160,000 next-gen Huawei Ascend 950DT chips. The reported order could be worth around $2.56 billion. If completed, it would rank among the largest domestic AI chip clusters in China.

As #AI server and rack power climbs, traditional air cooling is hitting its limits. Liquid cooling is moving from a niche technology to critical AI infrastructure. China’s liquid-cooling data center market reached ¥15.98B ($2.2B) in 2025, up 45.2% YoY. Industry forecasts see the global AI liquid-cooling market surpassing ¥100B ($14B) in 2026. And the technology is evolving fast: • Cold-plate cooling remains dominant • Immersion cooling becomes more attractive above ~200kW/rack • Phase-change immersion systems are already reaching MW-scale rack power

China pushes back as the US weighs an additional 7.5% tariff on Chinese imports. China’s Commerce Ministry called the potential tariff a “typical” act of unilateralism and protectionism, rejecting Washington’s use of “overcapacity” as grounds for its Section 301 investigation into 16 economies.

🚨 #Alibaba launches Qoder, an agentic workspace designed to let anyone build software without starting from code. Users can describe what they want in natural language, while Qoder handles coding, prototyping, data processing and other tasks through AI agents and tools.

#Nvidia says the AI compute crunch could last through fiscal 2028 and it sees no risk of an oversupply. CEO Jensen Huang said wafers, HBM memory and data-center power are all in short supply, while hyperscalers have $2T+ in orders. Meanwhile, demand beyond cloud — sovereign AI, neoclouds, enterprise AI and startups — is growing 100%+ YoY and now accounts for roughly half of Nvidia’s business.

#Tesla quietly removed China from the list of markets where its supervised FSD is available. Tesla’s website now lists 12 supported countries and regions for supervised FSD — but China is no longer among them. That marks a reversal from May, when Tesla explicitly listed China as a supported market in a post on X. Tesla has not publicly explained the change, leaving the status of FSD’s China rollout uncertain.

🚨 #Alibaba is raising HK$80 billion ($10.2B) entirely for AI. In its first share placement since its 2019 Hong Kong listing, Alibaba plans to sell new shares to non-US investors, with 100% of the net proceeds going toward its full-stack AI capabilities and infrastructure. The move comes as Alibaba’s AI-related products reach a RMB49.5B ($7.3B) annualized revenue run rate, with the company targeting $10B next quarter.

🚨📈 #Unitree founder Wang Xingxing is now worth over $18 billion after the robotics startup surged 629% in its Shanghai debut. Unitree opened at ¥1,100/share, pushing its market cap to ¥444.9B ($62B) — nearly 7.4× its IPO valuation. Wang owns 31.29% of Unitree: 21.43% directly and another 9.84% through an employee shareholding platform. That stake now puts his paper fortune above ¥130B ($18B).

🚨 #Unitree just surged 629.44% on its Shanghai IPO with major Chinese tech companies, VC firms and state-backed funds among its investors. The humanoid robot maker’s backers include: • Meituan — via HanHai Information, Galaxy Z and Chengdu Longzhu; ~8.68% post-IPO, its largest external shareholder • Shunwei Capital — Xiaomi-linked VC, ~3.98% via Astrend IV • CITIC Securities — via Jinshi Growth + Zhongzheng Investment, ~4.04% combined • Beijing Robot Fund — managed by Capital Industrial, ~3.44% • Tencent — ~0.54% • Alibaba — via Hangzhou Haoyue, ~0.40% • Geely founder Li Shufu — via Hechuang Investment, ~0.14% At the ¥150.80 IPO price, Unitree was valued at ~¥61B. Its debut briefly pushed that valuation far higher.

#DeepSeek API prices jump — by as much as 1,100%. For V4 Pro during peak hours: 👉Input: +200% 👉Output: +350% 👉Cached input: +1,100% Off-peak prices are 50% lower. This is the first time DeepSeek has introduced peak/off-peak pricing. The message is clear: use AI when everyone else is sleeping 😭

UPDATE: #Alibaba's $1.5B+ gaming deal is now official. Alibaba has formally reached an agreement to sell its stake in Lingxi Games to CITIC Capital-backed Trustar Capital.

#Geely founder Li Shufu steps down as chairman of Geely Auto. An Conghui will take over as chairman of Geely Auto, while Li becomes Honorary Chairman for Life and remains chairman of Geely Holding and its controlling shareholder.

#DJI wins a key round against the Pentagon. A U.S. appeals court has ordered a retrial of DJI's inclusion on the Pentagon's "Chinese Military Companies" blacklist, citing flaws in the lower court's review. DJI isn't off the blacklist yet — but after years of fighting the designation,the case is back open. reuters.com/legal/litigation…

Sam Altman says two years at Stanford was enough for him. Not because education doesn't matter — but AI may be changing how long we need to learn before we can build. Old model: Learn👉Learn👉Learn👉Do AI model: Ask👉Build👉Fail👉Learn👉Build again Maybe AI's biggest disruption to education isn't replacing teachers. It's collapsing the distance between learning and doing.

#Alibaba just sold its gaming arm for $1.5B+. The tech giant is selling its entire stake in Lingxi Games to CITIC Capital-backed Trustar Capital for over ¥10.1B ($1.5B) — the largest gaming M&A deal in China this year. Lingxi will now begin its next chapter as an independent company.

Fu Yue, head of AI Data & Safety at #ByteDance’s Seed team, has confirmed her departure — her second time leaving the company. At Seed, she oversaw training data for models behind Doubao, Seedance and Seedream, leading a global data team of around 100 people. Two stints at ByteDance. Two exits.

#TikTok is officially back on U.S. government devices. The Trump administration has lifted the federal ban after determining that TikTok's restructured U.S. business no longer poses the same national security concerns. He keeps reminding everyone he's #1 on TikTok, credited the platform with helping him win the election, and said using it won't make "the sky fall." So, we've learned the survival rule for social platforms: Keep Trump trending at #1. 😭

Wall Street is about to stop sleeping. #Nasdaq has received SEC approval to move toward 23-hour trading, 5 days a week, starting Dec. 6, 2026. The biggest winner? Asia. Nasdaq’s new overnight session will fall directly into daytime hours across Asian markets — meaning investors in China and elsewhere no longer need to stay up all night to trade U.S. stocks. nasdaq.com/articles/nasdaq-g…

Former Qwen chief Junyang Lin is officially back — this time as a founder. Five months after leaving Alibaba, Lin has officially launched Pragmatik Labs, focused on AI agents for digital + physical worlds. Backers? HSG, Gaorong, Tencent. The company is reportedly already valued at around $2B. China's AI talent war is turning into a founder war.