Raffaele Huang

Researchers and executives at Chinese AI companies say a shortage of investment and chips is holding them back in competition with leading American companies.

SINGAPORE—Chinese artificial-intelligence developers are racing to raise money through share offerings or loans, believing they need a bigger war chest to keep up with U.S. competitors.

Xi confidant leads fevered effort for domestic alternatives to win AI race. Chinese AI companies get warned that anyone who resisted using local chips was a traitor.

Last summer, top Chinese chip developer Huawei Technologies held a closed-door briefing for the country's technology czar to introduce its latest

SINGAPORE—Memory-chip maker CXMT soared in its stock-market debut to become the most valuable company listed in mainland China, capping the rise of an upstart whose products are sought by Apple.

Elon Musk designed Tesla's China business to be easily separated from its U.S. business because of geopolitical tensions. It might also come in handy if he proceeds with a SpaceX merger.

Vast, a Chinese artificial-intelligence unicorn backed by technology titans Alibaba and Baidu, is in talks with investors to get fresh capital, people familiar with the matter say.

Vast, a Chinese artificial-intelligence unicorn backed by technology titans Alibaba and Baidu, is in talks with investors to get fresh capital, people familiar with the matter say.

The iPhone maker has held early talks with China’s CXMT, but any deal would be politically sensitive.

Apple has been testing memory chips from China's CXMT across product lines including iPhones and MacBooks, according to people familiar with the