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Companies

Why Ansteel’s AI is finding traction in steelmaking

Ansteel’s reported AI gains show how industrial deployment can become useful: connect operating data, shorten recurring decisions, combine different kinds of models and involve process specialists in application design.

Companies

DataCanvas Files Hong Kong IPO After Pivoting From AI Software to Computing Infrastructure

Beijing-based DataCanvas has filed for a Hong Kong listing after completely transforming its business from AI software tools to computing infrastructure provision. The decade-old company saw software revenue collapse from 76.5% to 0.1% of sales between 2023 and mid-2026, while total revenue grew tenfold to RMB 1.1 billion, illustrating how China's AI compute demand is reshaping business models.

Companies

Ant Group's Health AI App and Alipay AI Payment Named to TIME's 2026 Best Inventions

Ant Group's health AI app Ant Afu (AQ) and Alipay AI Pay were both selected for TIME magazine's 2026 Best Inventions list, announced October 15. Ant Afu, with over 150 million users and connections to 5,000 hospitals, was described by TIME as expanding healthcare access in underserved Chinese regions. Alipay AI Pay, which enables AI agents to complete transactions on users' behalf, has surpassed 100 million users since its 2025 launch.

Companies: China AI news — Page 5 | China AI Wire