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 ...

Despite thin margins, Udeer deployed over 114,600 robots to more than 5,100 clients by late March 2026, expanding its active annual customer base to 3,358 in 2025. This shipment volume indicates ...

TMTPOST — Physical AI company DeepCtrls has completed a multi-hundred-million-yuan Series B+ financing round led by Contemporary Amperex Technology Co., Limited, or CATL. Participants include Fosun ...

TMTPOST — China’s production of new energy vehicles reached 1.647 million units in August, up 21.9% from a year earlier, according to data released by the National Bureau of Statistics. Total ...

TMTPOST — Embodied AI startup PHYMI has completed a nearly $100 million seed financing round led by IDG Capital, the company said. Participants include Yunqi Partners, DiDi, Fosun RZ Capital, YoToo ...

TMTPOST — Investment in China’s high-tech industries increased 5.2% year-on-year in the first eight months of 2026, accelerating 0.2 percentage points from the January-July period, National Bureau of ...

TMTPOST — Anew Labs, the AI drug discovery company spun out of ByteDance, has completed a $290 million fundraising round, its first independent financing, according to people familiar with the matter.

Xiaomi faces intense competition from Huawei’s domestic strength and Apple’s brand loyalty in China’s smartphone market. Self-developed chips and a new foldable aim to lift its premium presence, yet ...

ByteDance, Tencent and Alibaba have consolidated their AI office offerings into single branded agents and are pouring resources into enterprise workflows. Early usage data show rapid growth in desktop ...

China’s vehicle exports crossed one million units in a single month for the first time in June 2026, even as domestic passenger-car retail declined. Leading companies are raising overseas targets, ...

DeepSeek has opened roughly 150 backend and Agent-compute roles with no research positions. The focused hiring underscores a wider industry transition: once frontier models reach usable quality, ...

A video-generation model has become one of the few AI products inside the group that generates meaningful cash. Its annualized revenue is substantial, yet still small beside the infrastructure bill.