China Crypto News

Nvidia Gains as China Considers RTX 5500 GPU Purchases

Beijing is considering allowing select Chinese firms like ByteDance and Alibaba to buy NVIDIA’s RTX PRO 5500 GPUs.ByteDance could seek roughly 1 million chips,...

China’s cheap AI models raise stakes for US leaders

China’s Moonshot AI has reportedly filed confidentially for a Hong Kong IPO, signaling rapid progress as its Kimi K3 model challenges U.S. leaders.Cheaper, open-weight...

Apple and Alibaba team up to launch AI in China

Apple trained its own large language model for the Chinese market with support from Alibaba, according to Reuters.The deal could make Apple the first...

Tesla China Carveout Could Ease SpaceX Merger Path

Elon Musk denied a report that Tesla is preparing to separate its China business, calling it “absurdly fake news.”Advisers have discussed a China spinoff,...

China’s Free AI Models Won’t Kill The AI Boom

Chinese LLMs like DeepSeek and Qwen are advancing rapidly, but the AI boom's core value lies in hardware, energy, and cooling infrastructure — not...

China’s Moonshot AI Launches Kimi K3, Triggering Global Tech Selloff

Moonshot AI launched Kimi K3 on Thursday, a 2.8-trillion-parameter open-weight model that ranked alongside Claude Fable 5 and GPT 5.6 Sol.Semiconductor stocks cratered Friday,...

Tesla Q2 Deliveries Beat Forecasts, China Sales Jump

Tesla reported 480,126 vehicle deliveries for Q2 2026, surpassing Wall Street forecasts of ~406,600 and marking a 25% year-over-year increase.June sales of Shanghai-made vehicles...

ARK shifts from China tech to crypto stocks

Ark Invest added significant shares of Coinbase, Circle, and Bullish across its flagship ETFs on Monday, resuming a crypto equity buying spree.The firm funded...

Latest news

Binance Shuts Down Mining Pool and Cloud Mining Services Nov. 10

Binance will discontinue its mining pool and related services at 07:00 UTC on Nov. 10.Miners must switch pools and...

FTC spares Kalshi, Polymarket in sports gambling probe

The FTC probe into deceptive practices in online sports gambling will target sportsbooks like DraftKings and FanDuel, not prediction...

Norway Fines Microsoft’s Xandr $9.6M Over Grindr Data

Norway's Data Protection Authority fined Microsoft's Xandr €8.6 million ($9.62 million) for illegally sharing Grindr users' sensitive data, including...