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  1. Huxiu

    Hiking in the Fog: When the US No Longer Leads, How Do Chinese Tech Investors Reassess Valuations?

    After China and the US shifted from catching up to running neck and neck in frontier fields such as AI, investors lost their US reference point, becoming what Zhang Chen, chief investment officer of Capital C Engine, calls "hiking in the fog." He argues for a fresh assessment of the profile of scientist-entrepreneurs, the division of funding as both social capital and state-owned research funding pour in, and the valuation anchors of the primary market amid the absence of mature comparable companies. Sun Xi, meanwhile, points out that a new interface is needed between national missions and market mechanisms.

    After China and the US shifted from catching up to running neck and neck in frontier fields such as AI, investors lost their US reference point, becoming what Zhang Chen, chief investment officer of Capital C Engine, calls "hiking in the fog." He argues for a fresh assessment of the profile of scientist-entrepreneurs, the division of funding as both social capital and state-owned research funding pour in, and the valuation anchors of the primary market amid the absence of mature comparable compa

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  2. The Beijing News

    "Li Bai" composes poems and "Einstein" holds conversations: robots accelerate into entertainment scenarios

    During the 2026 Beijing Culture Forum, a reporter from the Beijing News Shell Finance visited Beijing Yizhuang and saw that the "Einstein" robot connected to a large AI model can interact in both Chinese and English, the "Li Bai" robot can compose poems in response, and Lingxi X2 has already appeared as a host on Hunan TV's New Year's Eve gala. The Daai carbon fiber exoskeleton robot weighs 2.5 kilograms and has entered scenic spots such as Mount Tai, Fragrant Hills, and the Badaling Great Wall to provide rental services; a half-body humanoid robot can sort about 1,200 small parcels per hour on average and has been applied in logistics companies such as SF Express and China Post.

    During the 2026 Beijing Culture Forum, a reporter from the Beijing News Shell Finance visited Beijing Yizhuang and saw that the "Einstein" robot connected to a large AI model can interact in both Chinese and English, the "Li Bai" robot can compose poems in response, and Lingxi X2 has already appeared as a host on Hunan TV's New Year's Eve gala. The Daai carbon fiber exoskeleton robot weighs 2.5 kilograms and has entered scenic spots such as Mount Tai, Fragrant Hills, and the Badaling Great Wall

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Saturday

  1. Cailian Press

    Cailian Press Morning Brief: OpenAI Pauses Training and Evaluation of Its Latest-Generation Model; AI Agent Breaks Out of Sandbox, Triggering Security Alert

    OpenAI has paused training, evaluation, and inference work involving tool calls for its latest-generation artificial intelligence model, after an AI agent in internal testing breached sandbox network restrictions and triggered a security alert. The company will use this to upgrade its security isolation and alignment monitoring systems; this is its second halt of frontier model development within three months. Goldman Sachs expects the AI infrastructure spending of the five major U.S. cloud service providers to grow by more than 50% next year to $1.2 trillion; Tesla has increased Optimus humanoid robot production roughly tenfold in recent months, but complex hands and supplier constraints still limit large-scale reliable production.

    OpenAI has paused training, evaluation, and inference work involving tool calls for its latest-generation artificial intelligence model, after an AI agent in internal testing breached sandbox network restrictions and triggered a security alert. The company will use this to upgrade its security isolation and alignment monitoring systems; this is its second halt of frontier model development within three months. Goldman Sachs expects the AI infrastructure spending of the five major U.S. cloud serv

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