The Number
- Alibaba's AI cloud and compute revenue hit 48.4B yuan with adjusted EBITA up 133% year-on-year, its 12th straight quarter of triple-digit AI-product growth, per its Q1 FY2027 results.
- DeepSeek-V4-Pro-0813 sits at $0.66/M cache-miss input (off-peak) against V4-Flash at $0.22, per DeepSeek's pricing docs as of 2026-08-20.
- Qwen3.8-Max carries a total parameter count of 2.4T and lists at 12 yuan/M input on DashScope, per Alibaba's pricing page as of 2026-08-20.
Top of the Fold
- Unitree opened its Shanghai STAR Market debut up 629% and closed the day at a 460% gain, valuing the humanoid maker above 340B yuan, per 量子位 and 雷峰网.
- Baidu made its 文心助手 office agent free end-to-end at its AI Day, pushing task-agent search into a no-charge tier, per 智东西.
- WRC 2026 opened in Beijing with over 300 exhibitors, up 36% on last year, as demos shifted from stage tricks to factory and warehouse tasks, per 虎嗅.
Untranslated
- ByteDance's Doubao added a side workbench that runs chat and live operations on one screen, opening local files, Feishu docs, code and terminals in parallel tabs, per 雷峰网.
- DeepSeek shipped Harness v0.1.0-rc.8, its first major update since the Aug 13 public beta, adding native image input and hooking Claude Code and Codex into its sub-agent system, per 智东西.
- Ant Group's CEO 韩歆毅 told the Alipay AI partner summit that agent commerce will break out in the next 6 to 12 months, with travel, payment and life services folded behind its 阿宝 agent, per 极客公园.
- A Guangzhou AI-marketing firm 钛动科技 closed a round led by Huatai-Warburg Pincus, its first RMB deal, earmarked for its 钛极 model and Navos multi-agent stack, per 智东西.
- Coze's new desktop client drew a hands-on test cleaning a 95-file desktop into sorted folders autonomously, per 夕小瑶科技说.
The Backstory
- India's DUSQ, a 12-gram behind-the-ear neurostimulation sleep patch from a Bangalore team, raised $1.23M from 4,326 backers on Kickstarter after its June 9 launch, a record for an Indian health-tech firm, per 极客公园.
The Kicker
- The KDD Cup 2026 champions swept both tracks for Chinese teams, with the academic winner taking a single 300,000-dollar prize, the largest single award in a domestic company tech contest, per 新智元.
