Shanghai humanoid robotics firm AgiBot kicked off its Hong Kong IPO process on July 24, 2026, targeting a valuation between HK$40 billion and HK$50 billion ($5.1 billion to $6.4 billion). The three-ye…
Tesla reported second-quarter net income of $1.11 billion, or 32 cents per share, missing Wall Street estimates of 53 cents per share, as research and development spending surged 49% to $2.37 billion.…
General Motors expects North American vehicle pricing to climb about 0.5% this year and faces $1.5 billion to $2 billion in commodity inflation headwinds, including higher DRAM costs, as the AI-fueled…
China's monthly car exports topped 1 million for the first time in June 2026, driven by a 27% rise in overall overseas shipments, while domestic sales slump as Beijing scales back subsidies, according…
Private enterprises now drive 60% of China's surging AI job market, shifting demand toward experienced commercial deployment engineers rather than theoretical researchers, according to recruitment pla…
China's exports surged 27% in June from a year earlier, far exceeding economist forecasts, driven by booming global demand for artificial intelligence technologies, according to data released Tuesday …
For the first time, China now has more robotics unicorns than e-commerce unicorns, according to industry data. On July 4, Alibaba and ByteDance pulled their custom AI agent features ahead of a new reg…
Elon Musk has built Tesla into a company worth around $1.5 trillion, exceeding the combined value of the next 10 most valuable carmakers, despite selling far fewer vehicles. Investors treat Tesla as a…
The Washington Post reports the US government will decide who can use state-of-the-art large language models, following bans on Fable and restrictions on ChatGPT 5.6. The author predicts Chinese model…
Alibaba has filed a lawsuit against the U.S. Department of Defense over its designation as a "Chinese military company," arguing the label has no basis in fact or law. The e-commerce giant seeks remov…
Eight Chinese mobility leaders, including Xiaomi chief designer Li Tianyuan, will headline the Future AI Mobility Summit 2026 in Seoul on June 30, discussing AI integration, EV supply chains, and cros…
TSMC's leading-edge capacity is fully booked by NVIDIA, Apple, and Broadcom through 2028, forcing customers like AMD, Google, Tesla, and BYD to explore Samsung Foundry for future chips. AMD is in talk…
General Motors is cutting its vehicle development cycles in half by using AI and simulation, aiming to match the two-year pace of Chinese automakers like BYD. The effort is led by Sterling Anderson, a…
Seres Group unveiled a humanoid robot named Xiaosai for factory use, featuring visual recognition, autonomous greeting, and voice interaction. The company already operates factory variants Xiaosai 01 …
Chinese electric-vehicle makers are designing their own smart-driving chips to reduce reliance on Nvidia and Horizon Robotics. Li Auto unveiled the Mach M100 5nm AI chip with 1,280 TOPS, while BYD deb…
BYD has patented an AI system that detects living beings under parked vehicles before drivers move, using baseline imaging and change detection to address a dangerous blind spot. The system, described…