
Tencent’s HY-World 2.0 Moves AI Beyond Video Into Editable 3D Worlds
Tencent has open‑sourced HY‑World 2.0, a multimodal AI system that creates editable 3D environments from text, images or video. The platform outputs meshes, 3D Gaussian splatting and point clouds that can be exported directly into Unity, Unreal Engine and other graphics pipelines. HY‑World 2.0 builds on earlier versions by adding a four‑stage generation pipeline designed for real‑world game‑development workflows such as map building and level prototyping. Tencent positions the technology as a cost‑saving tool for its vast game‑studio network.

UAE Ministry of Investment Visits China Merchants Capital to Deepen Strategic Investment Cooperation
On April 14, a delegation from the UAE Ministry of Investment met with China Merchants Capital (CMC) to deepen strategic investment cooperation between the two nations. CMC, a leading alternative‑investment platform of China Merchants Group, highlighted its focus on intelligent technology,...

How Edgewell Executive Sylvia Fu Sees AI Reshaping Operations
Edgewell appointed Sylvia Fu as its global AI transformation leader, championing an operator‑first strategy that embeds AI tools directly into employee workflows. She outlined a three‑pillar framework—embedding AI in daily tasks, strengthening data and technology foundations, and targeting high‑impact business...

Freshness Is King: BYD Reigns with 200 Vehicle Software Updates a Year
Chinese EV leader BYD announced it rolled out 200 over‑the‑air software updates across its Ocean and Dynasty lines in 2025, the highest volume among global automakers. The latest update adds a new AI‑driven driver‑assistance system to the Han L sedan, delivered...

Honor Launches Yoyo Claw to Position PCs as AI Partners
Honor introduced Yoyo Claw, an on‑device OpenClaw AI agent built into its MagicBook notebook line, after a closed beta that began on March 27. The software ships with five core agents and 23 sub‑agents covering education, work, research, content creation and general...

Lanchi Ventures Raises New Fund for AI and Deep Tech Investments
Chinese venture capital firm Lanchi Ventures has closed its fourth dual‑currency fund, raising about $560 million (≈RMB 3.9 bn). The new vehicle lifts the firm’s assets under management to roughly RMB 20 bn ($2.8 bn), keeping it among the country’s largest early‑stage investors. Lanchi will deploy...

NetEase Reshuffle Sends Marketing Veteran Wang Yi Overseas
NetEase Games is relocating its longtime marketing chief Wang Yi to an overseas position as part of a broader reorganization. The existing marketing center will be transformed into a user‑growth center, while the channel publishing unit will be consolidated into a...

Link-Touch Draws Backing From CATL, Agibot as Force Sensors Gain Traction
Link‑Touch closed a Series C+ round exceeding RMB 100 million (about $14.6 million), led by Puquan Capital – an affiliate of CATL – alongside Agibot, Galbot and other investors. The Chinese force‑sensor specialist now commands roughly 62% of the domestic humanoid‑robot six‑axis market, a...

China’s CSSC Sets Sail on Designing Own Cruise Ships
China State Shipbuilding Corporation (CSSC) is moving toward fully in‑house design of large cruise ships, partnering with China Tourism Group to build two vessels slated for delivery by the end of 2030, with a third under review. While its first...

Deals in Brief: Three Singapore Startups Raise AI Funding; SC Ventures Leads Keyrock’s Series C Round; Six China Investments; and...
Singapore’s AI ecosystem saw a flurry of capital this week, with Muun AI closing a $700,000 pre‑seed round, OnSite raising $1.3 million seed funding for its construction‑focused communication platform, Injewelme securing $1.2 million to broaden contactless health‑monitoring capabilities, and NeuBird AI attracting...

ZTE Redraws Growth Strategy Beyond Telecoms as AI Demand Builds
Chinese telecom operators plan 2026 capex of $38.4 bn, an 8% decline, with computing infrastructure becoming the top priority at $11.8 bn and double‑digit growth. ZTE is reshaping its business model, moving from a pure connectivity focus to a full‑stack AI strategy...

In Conversation: Xiaomi on Its Shift to the XLA Cognitive Model in Assisted Driving
Xiaomi has unveiled its third‑generation assisted‑driving system, the XLA cognitive large model, marking a shift from rule‑based and data‑driven approaches to AI‑driven cognition. The multimodal XLA model integrates vision, audio, radar and navigation, and leverages Xiaomi’s proprietary MiMo‑Embodied foundation model...

CK Hutchison to Navigate “World in Turmoil” By Scaling Up
CK Hutchison Holdings (CKH) is steering through heightened geopolitical risk by leveraging a massive cash war chest rather than altering its long‑term strategy. A $22.8 billion Panama‑port sale to a BlackRock‑MSC consortium has stalled after Chinese criticism and a Panama expropriation,...

WengAI Targets Hong Kong IPO After Confidential Filing
Beijing‑registered Zhongke WengAI filed a confidential prospectus to list on the Hong Kong Stock Exchange, aiming to become the first AI company emerging from the Chinese Academy of Sciences ecosystem to go public. The firm, founded by three CAS scientists,...

With AI, Can Stareep Make Smart Beds Stick in China This Time?
Chinese smart‑mattress maker Stareep, part of the Dreame ecosystem, closed a second funding round of roughly RMB 100 million ($14.6 million), lifting its post‑money valuation to about RMB 1 billion ($146 million). The company’s AI‑powered mattress uses an on‑board chip and coordinated bed‑frame motors to sense...