Monday, June 8, 2026
Top China Tech News
- 01Funding
BenQuanta Secures Nearly 3 Billion Yuan in Funding, Valued Over 20 Billion Yuan
CB Signal31BénQuanta, a quantum computing company, has completed a new round of financing totaling nearly 3 billion yuan, with a pre-investment valuation exceeding 20 billion yuan. The funding, led by central enterprise-backed investors, will be used to build pilot production lines for kilobit and ten-kilobit quantum chips and 12-inch quantum wafers, as well as for R&D and industrial production of new-generation superconducting quantum computer hardware and software. This aims to accelerate the scaled deployment of China's indigenous quantum computing technology.
Why it mattersThis significant funding round positions BenQuanta as a major player in China's burgeoning quantum computing sector, signaling accelerated national efforts to achieve self-reliance in advanced computing technologies.
IT Home · 13h ago - 02AI
US Companies Increase Payments to DeepSeek, Topping Procurement Growth Chart
CB Signal17US companies have increased their payments to DeepSeek, a foundation model provider, with DeepSeek topping the list for new enterprise procurement in June, according to the enterprise spending management platform Ramp. Unlike previous interest in open-source models, US businesses are now directly paying DeepSeek for data transmission and reception, indicating a shift towards genuine paid usage.
Why it mattersThis indicates a growing confidence and reliance of US enterprises on Chinese AI foundation models, suggesting a potential shift in the global AI development and procurement landscape.
CnBeta · 2d ago - 03Platforms
China's Gig Economy Faces Potential Contraction in Entertainment Sector
CB Signal17An actress in Hengdian, a major Chinese film production hub, works long hours for low pay, highlighting the precarious nature and potential contraction of China's gig economy, particularly in sectors like entertainment. The excerpt suggests a decline in opportunities despite the sector's previous growth.
Why it mattersThe struggling gig economy in China's entertainment sector signals broader economic headwinds impacting flexible labor markets and raising concerns about social stability and future growth drivers.
SCMP China Future Tech · 1d ago - 04Platforms
OpenAI Plans Major ChatGPT Upgrade; JD.com and Tencent to Cooperate on AI Agents
CB Signal9OpenAI plans its most significant upgrade to ChatGPT since its launch. Additionally, JD.com and Tencent are collaborating on AI Agents, and the world's first "prefabricated computing power center base" for accelerated computing accessibility has been put into operation.
Why it mattersThese developments highlight the intensifying global competition in AI, with major players pushing for advanced capabilities and broader accessibility of AI technologies.
TMTPost · 7h ago - 05EVs
Chinese EV Makers in Public Spat Amidst European Market Pressure
CB Signal9Chinese electric vehicle (EV) makers NIO, Li Auto, and Seres are engaged in a public dispute, with Seres issuing a denial regarding rumors, as the domestic EV industry faces increasing pressure from European markets. This competition intensifies as Chinese manufacturers expand their presence globally.
Why it mattersThis intense domestic competition and emerging international trade friction underscore the rapid globalization of the EV market and China's assertive push into established automotive regions.
TMTPost · 19h ago - 06AI
AI Requests Surpass Human; Companies Announce Tax Adjustments; AI Proctors for Gaokao
CB Signal6A recent report indicates that AI and other machine requests have surpassed human requests in volume. Meanwhile, eight A-share listed companies have announced concentrated tax adjustments, collectively paying approximately 400 million yuan in back taxes and late fees. In the education sector, AI proctors will be used in the Gaokao (National College Entrance Examination) to automatically capture abnormal video footage.
Why it mattersThis entry reflects the rapid integration of AI into various aspects of society and business, alongside significant regulatory scrutiny regarding corporate financial practices in China.
36Kr · 7h ago