Chinese AI companies like Alibaba and Tencent are releasing new models and spending millions on "red envelope" freebies to woo users ahead of the Lunar New Year (Cissy Zhou/Nikkei Asia)
Upstract [Unofficial]
February 10, 2026
Cissy Zhou / Nikkei Asia: Chinese AI companies like Alibaba and Tencent are releasing new models and spending millions on “red envelope” freebies to woo users ahead of the Lunar New Year — HONG KONG — China's biggest AI companies are releasing new models and handing out “red envelope” …
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