Alibaba consolidates AI units under new Token Foundry division
The newly created division will report directly to CEO Eddie Wu Yongming, underscoring the company’s intensified focus on AI.
Month: June 2026
Read More
Rokid pledges privacy overhaul after hidden recording draws scrutiny
A review by local media found numerous videos allegedly recorded without the knowledge of passersby in locations including beaches, parks and subway stations.
Suzhou BioBAY drives $26.6B in overseas biopharma deals in Jan-May
The growth is fueled by high-value strategic partnerships and the park’s focus on proprietary intellectual property.
Zhejiang charts AI agent future as province aims for trillion-yuan industry
“Opportunities in this era are unprecedented, but those who fail to advance will fall behind,” Zhou, former provincial science and technology chief, said.
Skydragon Aerotech closes Pre-Series A to advance tiltrotor eVTOL
Skydragon is led by a team with deep ties to China’s aerospace sector and Beihang University, a major source of talent for China’s aviation and aerospace sectors.
Junhemeng Biopharma bags nearly $29 million in Series C funding
The company says its approach helps reduce manufacturing risks that often emerge during large-scale production.
Robovan leader Zelostech powers Dongfeng’s new logistics vehicle lineup
They target applications from last-mile delivery and urban logistics to industrial park transportation and long-haul freight.
EV parts maker GLB seeks HK listing after revenue surges 400%
The filing also highlights the company’s increasing reliance on Geely. Revenue from Geely-related entities increased from 60.8% of total sales in 2023 to 87.2% in 2025.
DEEP Robotics put robot dogs to work in Zhejiang bayberry harvest
The rollout addresses a recurring logistical constraint in one of China’s best-known bayberry-growing regions.
DEEP Robotics takes quadruped robot to Arctic ice for field tests
The textured footpads were designed to mimic the grip structure of polar bear paws, improving traction on low-friction ice surfaces.