China’s AI Rise: Innovation Overcomes Chipmaking and Investment Gaps (Sovereign Magazine)

In January 2026, two Chinese AI startups, MiniMax and Zhipu AI, raised over USD 1.1 billion in their Hong Kong IPOs. This milestone reflects growing market confidence in China’s ability to compete globally in artificial intelligence, despite critical challenges. The country lacks advanced chipmaking tools and faces a significant investment gap with the United States, yet through innovation, government backing, and a rising culture of risk-taking, China’s AI sector is advancing at an unprecedented pace.

China’s AI Rise: Innovation Overcomes Chipmaking And Investment Gaps – Sovereign Magazine

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