Beijing’s Chaoyang Public Security Bureau has opened a criminal investigation into companies affiliated with wealth manager CreditEase and placed several suspects under criminal coercive measures. ...
As model APIs get cheaper, Chinese tech groups keep pouring capital into data centers in power-rich regions such as Ulanqab. The next contest is not only who trains the strongest model, but who can ...
Artificial intelligence infrastructure company Infinigence AI has completed a 2.3 billion yuan C-round financing, according to reports on October 12. The company said its cumulative funding since ...
TMTPOST — Modsi Intelligent has completed a Pre-A financing round exceeding 1 billion yuan, the company announced on October 12. The round was led by Huakong Fund, with participation from CDB Science ...
Chinese firms dominated exhibitor ranks at IFA Berlin and lifted air-conditioner share in Europe. Much of the jump tracks a severe heat wave and thin local capacity. Lasting advantage will depend less ...
TMTPOST — Lazada, Alibaba’s Southeast Asia e-commerce platform, said nearly 10,000 Tmall brand merchants had joined its “One-Click Light Going Overseas” program by the end of the first half of 2026.
Butterfly Effect, the parent company of AI agent developer Manus, has completed a new financing round exceeding $500 million, the company announced on October 8. The round was led by Boyu Capital and ...
Advanced Micro Devices has agreed to acquire World Labs, the artificial intelligence startup founded by Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion. The deal will ...
Synopsys has entered a multi-year strategic agreement with Amazon valued at more than $1 billion to accelerate development of Amazon’s custom silicon and AWS infrastructure. Under the deal, Amazon ...
China’s autumn appliance season delivered a familiar soft backdrop and a louder technological pitch. Trackers expected further declines in refrigerators, washing machines and air conditioners over the ...
Major Chinese platforms have accelerated plans for personal agents, yet full releases remain limited. The binding constraint is not model capability but whether rival apps will allow an agent to act ...
China Securities Regulatory Commission (CSRC) has released two administrative penalty reports involving Lu Zhengyao, who was ...
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