Hong Kong, Jan 21, 2026 (AFP) - Dazzling Chinese AI debuts mask growing pains

NAMPA / AFP

2026-01-21

Investor confidence in Chinese AI startups is riding high, but obstacles to their long-term success range from US export controls to the puzzle of how to become profitable. This month, two leading players in China's artificial intelligence industry, Zhipu AI and MiniMax, made dazzling debuts on the Hong Kong stock exchange. The pair are part of a wave of rapidly growing Chinese "AI tigers" spurred by another startup, DeepSeek, whose low-cost AI m......

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