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CHINESE TECH COMPANIES
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...- How U.S. military funding propelled China's robot dogsThe rise of Unitree, a Chinese company known for its impressive robot dogs, can be attributed to research breakthroughs funded by the US mi...
- Chinese giant Pony.ai's overseas robotaxi pipeline expands to over 4,000 vehiclesPony.ai's overseas robotaxi plans now exceed four thousand vehicles. The company reported significant revenue growth in its second quarter....
- At Beijing AI-themed bar, DeepSeek tokens come with the pintsAs AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems s...
- Trump crypto firm backs venture offering AI from restricted Chinese companiesWorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment....
- Alibaba to sell Lingxi Games in more than $2 billion deal, source saysAlibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Mo...
- Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
- Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
- Taiwan says AI agents used in cyberattacks targeting islandOverseas hackers used artificial intelligence agents to help carry out a wave of cyberattacks targeting Taiwanese government agencies in Ju...
- For decades, weather prediction has relied on numerical models running on supercomputers, now AI can produce forecasts in a fraction of the time. Will it be accurate? Here's what experts are sayingWhile AI systems are becoming an increasingly important complement to conventional forecasting because of their speed and lower computing c...
- Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
- US stocks: Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a yearCopper foil producer Londian Wason has officially launched on the NYSE, reaching a remarkable valuation of more than two billion dollars. T...
- Global Market: China stocks rise as tech shares lead gains ahead of US CPIChinese stocks edged higher as technology shares led gains, helping offset investor caution over geopolitical tensions and the upcoming US ...
- AI startup Manus to resume independent operations as deal with Meta unwinds"As part of our transition back to independent operations and to comply with regulatory requirements in specific jurisdictions, data genera...
- Nvidia is developing Nemotron 4 open-source models: The InformationThe chip giant is among the few major US firms to release open-source models, which have drawn more attention this year as AI bills ballo...
- Chinese users of AI companions bereft after government tightens regulationsChina has a tradition of paternalistic government regulations meant to pre-empt potential problems, said Yolanda Ma, an expert on AI govern...
- ETtech Explainer: Meta's stop-start strategy for its open source AI modelsGlimmer, a 30-billion-parameter model, is much smaller than leading AI models from rivals and is designed for agentic tasks. It can run on ...
- Chinese AI drives price competition among US labsA new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to gra...
- Dixon Tech, Vivo JV transaction to be completed in 2 months, revenue flow from Oct-Dec qtr: CEODixon Technologies anticipates finalizing its joint venture with Vivo within two months. This new venture's financial contributions will be...
- Alibaba unveils its most capable AI model to date, not far behind Moonshot's in sizeChinese tech companies - a huge force in open-weight AI models globally - are locked in a fierce and fast-moving battle to build more power...
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