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DeepSeek reportedly in talks to raise $1.5B, then IPO Read More »
China’s humanoid gold rush just minted another contender. LimX Dynamics has raised $200m at a $2.21bn valuation. And its founder says the race to list has become do-or-die. A Shenzhen humanoid startup has become the latest name in China’s robot boom to command a giant valuation. On Tuesday, LimX Dynamics said it had closed a […]
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‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats up Read More »
Coupang has won the first round of its fight with South Korea’s competition regulator. The Seoul High Court on Tuesday suspended the Fair Trade Commission’s decision to name founder Bom Kim as the e-commerce group’s controlling figure, freezing the disclosure obligations that came with it while the underlying lawsuit is heard. The court’s Administrative Division 7 granted […]
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Seoul court suspends the order making Coupang’s founder its controlling person Read More »
For the fifth quarter running, fewer phones left Chinese warehouses than a year earlier. Shipments fell 4.3% to 66 million units in the second quarter, according to figures published on Tuesday by IDC, as manufacturers raised prices to cover the rising cost of memory and other components. First-half shipments were down 4.2% on the same […]
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China smartphone shipments fall for a fifth quarter as memory costs bite Read More »
Cutting the West’s reliance on China would carry a staggering price. A new study puts the cost of decoupling from China at $23.6tn over 25 years, and warns the bill would land hardest on the industries building Europe’s tech future. The West has spent three years talking about reducing its dependence on China. A new […]
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Decoupling from China would cost the West $23.6tn Read More »
Shein is scheduled to face the Hong Kong stock exchange’s listing committee on Thursday, Reuters reported on Monday, citing people familiar with the matter. It is the final procedural gate before the fast-fashion group, which has spent three years and two continents trying to go public, can actually price a deal. The hearing follows approval from the […]
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Shein is set for its Hong Kong listing hearing on Thursday Read More »
Xi Jinping will attend the opening ceremony of the 2026 World Artificial Intelligence Conference in Shanghai and deliver a keynote speech, a Chinese foreign ministry spokesperson announced on Monday. It is the first time China’s leader has appeared at the country’s flagship AI event, and it comes at a moment when Beijing has been busy restricting overseas […]
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Xi Jinping will give the keynote at China’s flagship AI summit for the first time Read More »
The founder of China’s most prominent AI lab has made an unambiguous case for openness. Frontier AI should stay broadly accessible rather than controlled by a select few, Zhipu’s Tang Jie wrote in an internal memo reviewed by Bloomberg. His argument inverts the usual security logic. Real safety comes from broad participation, sharing, and oversight, he […]
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China is catching up to Elon Musk’s reusable rockets Read More »
The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, MiniMax moved to raise as much as $2bn from investors. Its shares […]
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