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China's record 12.7M graduates face AI-driven job market squeeze
New York Times·CN·1 day ago
Moonshot AI and MiniMax are in talks to open official flagship stores on Alibaba's Tmall to sell AI subscription plans, marking a new retail channel for AI services in China. This reflects intensifying competition among Chinese AI developers for paying users and a shift toward consumer-facing distribution. The move could expand AI adoption but faces execution uncertainty.