The Number
- Enflame prices its STAR Market IPO at 142.18 yuan a share, raising 6.119B yuan, per its 9/7 issuance result via 雷峰网.
- Qwen3.7-flash lists at $0.03/MTok input on OpenRouter as of 9/7, the cheapest paid China-lab tier on the platform, per OpenRouter.
- DeepSeek-V4-Pro sits at the -0813 build as of 9/7, with V4-Flash on -0731, per DeepSeek's pricing docs.
Top of the Fold
- Enflame's STAR Market listing draws 7.03M retail subscribers at a 0.0246% allotment rate, a heavily oversubscribed domestic AI-chip debut, per 雷峰网.
- Huawei ships the Mate XT2 tri-fold at 19,999 yuan with its Kirin 9050 Pro, its first phone SoC built on the LogicFolding approach, per 极客公园.
- Xiaomi launches the Mi 18 Fold from 10,999 yuan on its self-designed XRing O3 chip, its priciest phone to date, per 智东西.
- Nvidia agrees to buy Hugging Face for $12.93B, closing H1 2027 pending approvals, a US deal reframing the open-model developer entry point, per 虎嗅.
Untranslated
- Alibaba's Qwen Office rolls out a hundred-person collaborative workspace, industry-first agent-built pages carrying role permissions, a cloud database and admin backend from a one-line prompt, per 智东西.
- HiDream.ai drops HiDream-O1-Embodied, an embodied world model it says tops the RoboColiseum robustness sub-board at 0.692 average, company-stated, per 智东西.
- A veteran tech headhunter maps China's third AI-talent migration, naming Qwen Code lead 惠彬原 and Hunyuan pretraining lead 姚星丞 among recent departures toward research or startups, per 雷峰网.
- 中科类脑 closes a several-hundred-million-yuan B+ round led by an industry incumbent, circulating via 量子位.
The Backstory
- 童欣 joins Meshy, framing 3D generation as reaching its own internet moment a decade after the 2016 VR wave that saw Magic Leap raise $793.5M pre-product, per 极客公园.
The Kicker
- Chinese office-agent users are Vibe-Coding one-line web tools for everything from self-media idea banks to weight-loss trackers and wedding-gift ledgers, per 智东西.
