Geely Auto chairman Li Shufu told the Chongqing Auto Show on Friday that the company will assess excess capacity across all its units and determine whether to close, suspend, merge, or sell redundant production facilities. The announcement signals a strategic pivot for China’s second-largest carmaker, which has been locked in a fierce domestic battle with […]
Chris Ratcliffe/Bloomberg/Getty Images
China has launched its first dedicated photonic computing laboratory in Shanghai, signalling that Beijing sees light-based chips as a strategic route around Washington’s tightening grip on conventional semiconductor exports. The Shanghai Key Laboratory of Integrated Photonic Computing Chips and Systems opened on 11 June at Shanghai Jiao Tong University, the state-backed Jiefang Daily reported. The lab is […]
Google filed a lawsuit on Friday to dismantle the infrastructure behind a Chinese cybercrime operation called Outsider Enterprise. The group used AI, including Google’s own Gemini, to generate phishing websites and send scam text messages impersonating Google and other brands. It sent 2.5 million fraudulent texts to Android users in a two-week period. The operation […]
Baidu’s robotaxis are heading to the Alps. AmiGo, a venture between the Chinese giant’s Apollo Go robotaxi unit and Swiss Post’s PostBus, has won a special permit from Switzerland’s Federal Roads Office for Level 4 autonomous driving, Baidu said. Level 4 means the vehicle drives itself within a defined area. Open-road trials began on 1 […]
EngineAI, a Chinese maker of humanoid robots, has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on Friday, citing people familiar with the matter. The Shenzhen-based startup is working with China International Capital Corp and Citic Securities on the possible share sale. The company is only three years old. It raised […]
Nvidia has started pitching its Vera CPU to Chinese customers. Orders can begin now, and deliveries could start as soon as August, Reuters reported on Friday, citing three people familiar with the talks. It is a workaround dressed as a product launch. Nvidia’s China business has collapsed under US export controls. Jensen Huang said in […]
Anthropic built the Claude Fable 5 curbs to keep China’s AI labs out of its most powerful public model. The loudest complaints came from its own side of the firewall. On 9 June, Anthropic released Claude Fable 5, a tamed, public-facing version of Mythos, the model it had withheld since April over its talent for […]
Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Capital. The move comes months after Meituan agreed to pay $717 million for […]
