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TL;DR - This technology-news roundup highlights major AI model, infrastructure, and application developments in China, including Xiaomi’s costly MiMo training run, Huawei’s accelerated AI-chip roadmap, and Kimi’s expansion into financial services.

• Xiaomi’s MiMo-V2.6-Pro and Flash models are undergoing reinforcement learning, with combined training costs reported at about $31,000 per hour; the team plans to open-source details.
• Huawei moved the Ascend 960DT launch forward to Q1 2027 and plans annual chip generations through Ascend 980 in 2029.
• Moonshot AI launched a Kimi financial solution with specialized data sources, tools, and compliance controls, already being adopted by major Chinese financial institutions.
• Other developments include a 15,000-GPU autonomous-driving cluster, ByteDance’s in-car Doubao assistant, and a reported $500 million funding round for AI-agent startup Manus.