#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.