Alibaba

ByteDance

CATL

Huawei

Meituan

Tencent

Xiaomi

Most Followed

Market News

Listings (IPO)

Earnings Reports

Venture Roundup

Big Tech

Automotives

Collections

News

Features

Insights

Press Releases

Anta

DeepSeek

Geely

Li Auto

Mixue Bingcheng

Pop Mart

Going Global

Robbyant, an embodied intelligence company and subsidiary of Ant Group, has open-sourced LingBot-Depth, a high-precision spatial perception model. Bui…

Latest

About

Collaborate

Earnings

Photo of Bonnie Chan, CEO of HKEX, which operates the Hong Kong Stock Exchange.

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

China

Hong Kong

Mainland issuers and policy tailwinds helped HKEX eclipse Nasdaq and NYSE for the first time in years.

Hong Kong’s IPO market roars back to life, leading the world in 2025 listings

Decoding China&#039;s tech and business pulse

KrASIA

Edric Mak

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.

Moonshot AI lines up new funding at USD 4.8 billion valuation

T. K. Lin

Photo of Harry Yu, co-founder and CEO of Level3AI.

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Central Asia

Indonesia

Japan

Singapore

South Korea

Southeast Asia

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: Level3AI and UangCermat raise funding, Airwallex acquires South Korea’s Paynuri, Toku completes Singapore IPO, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

Sudo Lim

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

Header Section | KrASIA

Home

Sections

Header Section

Robbyant, an embodied intelligence company and subsidiary of <a href="/company/ant-group">Ant Group</a>, has open-sourced LingBot-Depth, a high-precision spatial perception model. Built on chip-level raw data from Orbbec’s Gemini 330 stereo 3D cameras, the model aims to improve depth sensing and 3D understanding for robots and autonomous vehicles.

<a href="/company/geely">Geely</a> has launched the EX2 in Indonesia and confirmed the start of local production, marking a key step in its localization strategy. The EX2 is now assembled locally with 46.5% local content, becoming the third Geely model produced in the country as the automaker steps up its push into Southeast Asia’s <a href="/industry/ev">EV</a> market.

<a href="/company/ant-group">Ant Group</a> subsidiary Robbyant has open-sourced LingBot-World, a real-time interactive world model for embodied intelligence and simulation. The company said the model supports millisecond-level interaction, nearly ten minutes of stable video generation, and benchmark performance comparable to Google’s Genie 3.

<a href="/company/deepseek">DeepSeek</a> could be expanding its focus to AI-powered search and agent-based tools, media reports said, citing recent job postings from the Chinese <a href="/industry/ai">AI</a> startup. The company is hiring to build a multilingual, multimodal AI search engine and infrastructure to support persistent agents that can operate with minimal human input.

Chinese chipmaker Hygon’s processors were found immune to a recently disclosed hardware vulnerability, known as StackWarp, that affected several generations of AMD processors. Analysts attributed the immunity to Hygon’s use of its self-developed CSV3 security technology rather than AMD’s SEV-SNP.

Notion said it completed a private tender offer of about USD 270 million at an USD 11 billion valuation, with Sequoia Capital and Index Ventures increasing their commitments and GIC joining as a new investor. The transaction allowed current and former employees to sell shares.

<a href="/company/geely">Geely</a>-backed CaoCao Mobility said it will raise about HKD 383 million by placing up to 12 million shares at HKD 32.46 each. Roughly two-thirds of the proceeds will go toward robotaxi development, with the rest allocated to enterprise services and working capital.

<a href="/company/tencent">Tencent</a> said Sogou Input Method has rolled out its <a href="/industry/ai">AI</a>-focused 20.0 update, upgrading voice input, translation, and typing models. The company said the AI features now serve more than 100 million users, with daily voice input usage approaching two billion, reportedly the highest in the input method segment.

Vietnamese automaker Kim Long Motor said it will partner with China’s <a href="/company/byd">BYD</a> to build a USD 130 million battery plant in central Vietnam. Kim Long will fund the project, while BYD will provide technical support, with production focused on commercial <a href="/industry/ev">EV</a> batteries before expanding to passenger EV batteries.

Moonshot AI’s Kimi has released K2.5, an open-source multimodal model trained on about 15 trillion text and visual tokens. The model introduces a self-directed agent swarm that can coordinate up to 100 sub-agents in parallel, boosting performance in coding, vision, and complex multi-step tasks.

<a href="/company/baidu">Baidu</a> AI Cloud has raised its 2026 <a href="/industry/ai">AI</a>-related revenue growth target to 200%, from 100%, according to people familiar with the matter. The move comes as Baidu pushes to lead the AI cloud market with a full-stack strategy spanning chips, cloud infrastructure, large models, and AI agents.

Nvidia develops GPUs for gaming, AI, and data centers, fueling graphics, machine learning, and compute-intensive workloads.

Nvidia

The US market serves as both the backbone and the driving force behind global technological advancements.

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

The plan maps four architectures benchmarked against Nvidia’s lineup, culminating with a bid to challenge Rubin.

Iluvatar CoreX lays out GPU roadmap to surpass Nvidia by 2027

https://secure.gravatar.com/avatar/cd0d29f7b9fd019c7c0d49a09a1ec8b1?s=96&d=blank&r=g

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

The JD.com subsidiary plans to use proceeds to expand its global infrastructure network as revenue rises and losses narrow.

JD Property revives Hong Kong IPO plan as overseas portfolio grows

Photo shows StepFun’s booth at the World Artificial Intelligence Conference 2024.

Foundation and Large Models

Just as investor enthusiasm for AI cools, StepFun secures major funding, following Moonshot and listed peers.

As AI consolidates, what makes StepFun worth a RMB 5 billion raise?

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

https://secure.gravatar.com/avatar/a1c02e0609a846ab19ab44182633a8d5?s=96&d=blank&r=g

Ant subsidiary open-sources 3D vision model

Latest Pulses

Most Recent

Iluvatar CoreX lays out GPU roadmap to surpass Nvidia by 2027

JD Property revives Hong Kong IPO plan as overseas portfolio grows

As AI consolidates, what makes StepFun worth a RMB 5 billion raise?