While BYD continues to develop its proprietary assisted driving stack, it remains open to partnerships. “Self-reliance ...

At the World Artificial Intelligence Conference (WAIC) on July 28, Ant Digital Technologies unveiled Agentar-Fin-R1, a large model designed for financial reasoning.

In a move to strengthen its quick commerce capabilities, Douyin has announced that its supermarket business will be merged ...

Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total ...

The dispute between battery makers CATL and Hithium has escalated after a former Hithium executive was detained in Ningde over alleged trade secret violations. CATL filed the complaint and submitted ...

Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total ...

Anthropic is in advanced talks to raise up to USD 5 billion in a new funding round led by Iconiq Capital, potentially valuing the startup at USD 170 billion. The company has reached USD 5 billion in ...

A bottle of perfume priced at RMB 1,750 (USD 245) might not only come from Chanel or Hermes. It could also be Chinese. During ...

Alibaba has launched Wan 2.2, a suite of open-source video generation models built on MoE architecture. The models enable high-quality cinematic video generation from text or images and promise ...

The Hong Kong Monetary Authority (HKMA) said the first batch of stablecoin licences will be issued in early 2026, following the city’s new regulatory framework taking effect on August 1. Only a ...

Microsoft and OpenAI are in advanced talks to revise their partnership, aiming to secure Microsoft’s access to OpenAI technology even if the latter achieves artificial general intelligence (AGI). The ...

Hon Hai Precision, known globally as Foxconn, has suspended trading of its shares pending the release of market-sensitive information. The Apple iPhone assembler is expected to make an announcement on ...