Thematic

This Week in AI (Aug 23-29): Ox Alpha and Jalapeno; Nvidia eyes Hugging Face

29 Aug 2026 By Ke Yan, CFA
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Abstract: We tracked AI models, infrastructure, and deals this week: Zhipu identified Ox Alpha, OpenAI showed Jalapeno, and Nvidia pursued Hugging Face. China labs added Qwen, Tencent Hunyuan and Doubao updates, while DeepSeek changed weekend pricing and MiniMax and SenseTime reported results. Hyperscaler movements covered Nscale, Amazon, Lambda, Volta, Iren, MTN and Yotta. OpenRouter still showed Anthropic ahead in revenue share.

SK Hynix (000660 KS) Samsung Electronics (005930 KS) MINIMAX (100 HK) XIAOMI (1810 HK) SENSETIME (20 HK) KNOWLEDGE ATLAS (2513 HK) TENCENT (700 HK) SoftBank (9984 JP) ALIBABA (9988 HK) Amazon.Com (AMZN US) Broadcom Inc. Common Stock (AVGO US) Alibaba (BABA US) Salesforce (CRM US) Alphabet Inc. Class A Common Stock (GOOGL US) IREN Limited Ordinary Shares (IREN US) Marvell Technology, Inc. Common Stock (MRVL US) Microsoft (MSFT US) MTN SJ (MTN SJ) Micron Technology (MU US) Nvidia (NVDA US)

Highlighted Stocks

SK Hynix, Samsung Electronics, MINIMAX, XIAOMI, SENSETIME, KNOWLEDGE ATLAS, TENCENT, SoftBank, ALIBABA, Amazon.Com, Broadcom Inc. Common Stock, Alibaba, Salesforce, Alphabet Inc. Class A Common Stock, IREN Limited Ordinary Shares, Marvell Technology, Inc. Common Stock, Microsoft, MTN SJ, Micron Technology, Nvidia

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