Chinese AI companies make money

This report from this week’s release from the CNBC’s Connection newsletter, which brings you visions and analyzes about what pays the second largest economy in the world. Every week, we will explore the largest business stories in China, and make a decrease in market movements and help you prepare for the next week. Like what you see? You can subscribe here.

AI can now solve more than 80 % of the online customer questions in the Toyota joint project with the Faw -owned Chinese auto maker, Wu Yongjian, Vice President in Tinetnet Cloud, tell me on Friday. Tence provides some artificial intelligence tools for automobile companies.

Now it does not take only about two weeks to get the TENCENT customer service platform to the top and operate it, to up to three months, as Wu told me, as we sat inside the brilliant new office of the company in the Chenghai water area.

During the weekend, Tencent announced an upgrade to the Hunyuan Ai model along with the releases of other companies where “World Ai Conference” began in the city.

While every company does not witness a similar demand for its products and services, focusing on commercial opportunities reflects a current shift in China to seize the chance of artificial intelligence. This is also reflected in job applications.

Zhu Yusang, CEO of Black Lake Technologies supported by TEMASEK, told me on Saturday that in the past few months, he has resumed the engineers of the artificial intelligence model who wanted to turn into the development of artificial intelligence of specific industry applications. “Before it is difficult to get artificial intelligence engineers,” said in Mandarin, translated by CNBC.

Black Lake primarily sells artificial intelligence tools for small factories in China to help them accelerate production and use the capacity better.

Zhou said that many business owners suffer from “FOMO” at the present time because they have lost the migrant e -commerce boom for consumers over the past few years, adding that the cost of using artificial intelligence has also decreased significantly.

Z.AI, former Reducing operating costs With an open source AI model. Its prices undermine the start -up moonshot from alibaba Kim K2 The model issued earlier this month, and Deepseek’s R1 was released in January, which made lower prices compared to what the Openai leader had to impose people to use ChatGPT.

Open open source models can be used for free, and even Change and distributionWithout a special permission from the Creator. Users who choose not to download the form can access them across the cloud and push each use.

Deepxi said in April that emerging revenues increased by 88.3 % to 242.9 million yuan last year. Submission to the Hong Kong Exchange For a planned list.

Setting a description of data, or an explanation of information to use the best Amnesty International, He also sees the high demand.

Beijing -based Haiti Ruceng, which is based in Beijing, estimated its revenue in the first half of 2025, at least 61 % from a year to 148.9 million yuan. Its revenues in 2024 amounted to approximately 240 million yuan.

After excluding the elements, the profit is expected to double more than 4.5 million yuan and 4.9 million yuan in the first half of the year, According to the company’s introduction With the Shanghai Stock Exchange.

Zhang Chhh, the company’s secretary in Mandarin, said Haiti Ruising is concerned with Bouetans, Alya, Tinetnet, Bidu and many wonderful “7” companies such as Microsoft and Amazon as customers.

In China, the company sees the largest liquefaction opportunities in education, health care and tourism, Zhang said, adding that there are also capabilities in smartphones and “embodied intelligence” – a category that includes robots.

Zhang said that Haiti Ruccing combines explaining automated data with the evaluation by human experts, adding that artificial intelligence requires global cooperation and that his company was looking forward to foreign markets, with a subsidiary in Singapore.

A few days after the United States revealed Amnesty International’s action, “World Ai Conference” opened in Shanghai on Saturday with Chinese Prime Minister Lee Qiang’s announcement of plans for Global Artificial Intelligence Cooperation Organization. China has called for supporting the integration of artificial intelligence across industries, including manufacturing, health care, education and agriculture.

TENCENT has already taken steps in this direction.

Wu said that she had a local partnership in Japan for a “virtual humanitarian service” that local companies can buy. This is a person’s digital Avatar, and is often used in other digital content.

Wu said that other famous artificial intelligence lines in areas such as Southeast Asia include checking the customer’s identification “for financing and translation services in addition to a platform for developers to develop artificial intelligence agents.

Through these commercial projects-state-backed aspirations-it is clear that China has exceeded the laboratories in the global artificial intelligence race.

Not extending the American trade truce China yet. A possible extension of a The standard tariff Between Washington and Beijing, they will not even be agreed upon Donald Trump American negotiators said on Tuesday.

At least 30 people die under heavy rains. Government media reported Deaths in the outskirts of Beijing after the capital issued a red alert to heavy rains on Monday. President Xi Jinping He called for more work to prevent floods Disaster relief in the wider northern region.

China refers to birth support. The country announced on Monday the equivalent of about $ 500 a year per child Under the age of three, in the wake of plans to offer free school education.

China’s main mainland CSI 300 0.51 % increased, while Hong Kong Hang Singh Fahress – Including the major Chinese companies – it was 0.45 % less from 10:07 am local time (10:07 pm Eastern time on Tuesday).

The main land data has gained more than 5 % so far this year, and data from Lseg has shown.