Voice of Context
Zelin Wang, Diane DingShengFM & Baiguan
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 56 | Founded | a year ago | Last Issue | 4 days ago |
| Active | |||||
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voiceofcontext.substack.comLatest Issues
GLM’s Mystery Model Revealed, New Revenue Routes for Chinese Open Models, and Xiaomi’s Expanding Chip Roadmap
Zhipu, DeepSeek, Alibaba and Tencent all released new models this week. Enterprise deployments show demand for Chinese open models, while Moonshot’s cloud talks could open a path to revenue. Xiaomi is broadening its chip plans beyond smartp...
Unitree’s RMB 445B Debut and China’s First Commercial Orbital Rocket Landing
Unitree debuted at a RMB 444.9 billion valuation as LandSpace completed China’s first land recovery of an orbital rocket stage. Both now face the harder test of turning technical ambition into repeatable economics.
Unitree Built the Pla...
MiniMax’s H3 Comeback, OpenRouter’s $10 Billion Price Tag, and Manus’s $2 Billion Unwind
MiniMax’s H3 ranks second in text-to-video and image-to-video with audio, Stripe is discussing a $10 billion purchase of OpenRouter, and Tencent is set to become Manus’s largest shareholder.
MiniMax H3 Rejoins China’s Video Race, but It...
China’s AI Revenue Race Begins
ByteDance, Alibaba and Tencent Are Making Office Software Their Next AI Revenue Test
Over the past month, ByteDance, Alibaba and Tencent have all reorganized their AI businesses around workplace software. The convergence puts monetizati...
CXMT’s Bargaining Power Shift, Jia Yangqing’s Next AI Breakthrough, and Kimi K3’s $20 Million Licensing Threshold
CXMT raised at least $8.6 billion in its IPO before its shares jumped 466% on their Shanghai debut. About a month after leaving Nvidia, Jia Yangqing launched Intent Lab, while Kimi K3 requires a separate agreement once a model service opera...
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Authors
The writers behind this newsletter.
Podcast Producer at ShengFM (声动活泼)
Founder @ ShengFM 声动活泼（China’s leading podcast studio) Host @ Voice of Context | 科技早知道 (What’s Next in Tech) Exploring how AI reshapes what comes next.
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