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Before filing for an IPO in the US, Ximalaya raised close to RMB 10 billion (USD 1.4 billion) over 12 funding rounds. Its cap ...
While robots grab the spotlight, component makers like ZeroErr are quietly benefiting from the surge in demand.
Nearly half of China’s listed supermarket chains posted losses in 2024, with over 900 store closures as firms scrambled to adapt. While Walmart and Sam’s Club bucked the trend, others launched ...
Once discontinued, peel-apart film is making a comeback in China as Gen Z consumers embrace its rarity and vintage aesthetic. Promoted by celebrities and photo studios, the unpredictable medium now ...
Meta has reportedly taken a 49% non-voting stake in Scale AI for USD 14.3 billion and brought CEO Alexandr Wang onto its AI team. The move bolsters Meta's "superintelligence" ambitions as it works to ...
Xpeng Motors is in talks to supply its Turing chip to other automakers, with a debut in Volkswagen’s China models expected in 2026. The chip, already used in Xpeng’s G7 SUV, reportedly delivers 2,200 ...
ByteDance and SenseTime have unveiled a new round of AI upgrades. ByteDance launched the Doubao 1.6 series with multimodal reasoning and cut token prices by over 60%, while SenseTime enhanced its ...
Nvidia CEO Jensen Huang said autonomous vehicles, robotics, and machines are set to surge this decade, calling it a defining era for autonomous tech. Speaking at the Viva Technology conference in ...
Chinese EV maker Xpeng Motors has unveiled upgraded G6 and G9 electric SUVs for Europe, featuring 5C LFP batteries and 800V SiC platforms that enable 10–80% charging in just 12 minutes. Both models ...
BYD has launched the Dolphin Surf, ostensibly its most affordable EV to date, in Europe at around USD 25,000, triple the price in China due to tariffs. The debut expands China’s EV price war into ...
Horizon Robotics plans to raise HKD 4.67 billion through a top-up share placement to support business expansion and R&D. The self-driving chipmaker will sell 681 million shares at HKD 6.93 each, with ...
A coalition of US states has sued 23andMe to block the sale of user DNA data without explicit consent. Filed in bankruptcy court, the suit challenges the transfer of genetic profiles linked to over 15 ...
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