Governance

DeepSeek pivots to industrial strategy with a $20.8M investment in Unitree’s Shanghai IPO; Tiangong Kaiwu and CAICT co-found a Chinese counter to the Linux Foundation’s Agentic AI Foundation; CAICT launches OpenClaw-class open-source agent innovation practice while flagging security risks; KAIYUANSHE announces its 2026 board of directors.

DeepSeek’s $71B valuation and state-controlled governance structure expose a 'Chinese Dual Ownership' model; Moonshot AI closes $3.5B round at $35B as IPO wave institutionalizes AI wealth; Alibaba’s Qwen3.8-Max launches with aggressive open-weight pricing.