03 Mar 2026
More recent developments
May 21, 2026
Russia wants Chinese GPUs
What happened: On May 21, media reported that the CEO of Sberbank, Russia's largest bank, intends to use Chinese-made chips to power its flagship artificial intelligence model, GigaChat. GigaChat is a lagging Russian alternative to ChatGPT. Our take: Sberbank is… Read More »
May 21, 2026
Manus considers options for unwinding Meta deal
What happened: On May 21, Bloomberg reported that the founders of Manus are in discussions to raise roughly USD 1 billion from external investors to buy back the company from Meta. Recap: In late April, Chinese regulators issued an unprecedented… Read More »
May 21, 2026
NDA studies Palantir for China’s data playbook
What happened: On May 15, the National Data Administration (NDA) held a lecture on "Learning from the Palantir phenomenon for China's data industry." NDA Director Liu Liehong and all four deputy directors attended. Why Palantir: Palantir's moat is not AI… Read More »