Ace Robotics raises fresh funding as investors pivot to robot brains
Increasingly, competition is shifting toward capabilities spanning data collection, embodied foundation models, world models and real-world deployment.
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Mosquito-trap startup expands after park trials show early success
Unlike traditional pest-control methods, the device relies on physical trapping rather than chemical agents.
Ant tests AI-powered Alipay as super apps race toward agent era
The overhaul is being viewed as one of the most significant changes in Alipay’s history.
World’s largest caviar producer Xunlong clears Hong Kong IPO hurdle
Following the IPO, the company aims to evolve from the world’s largest caviar farmer into a global consumer brand.
Alibaba denies chief scientist resignation rumor, defends AI restructuring
Despite Alibaba’s denial of the resignation rumor, Zhou’s position adjustment has drawn mixed interpretations.
Carbonology secures Series A funds to scale carbon capture, green fuels
Carbonology’s focus on e-SAF places it in one of the most closely watched segments of the carbon utilization market.
Jiangsu trade grows 5.3% as Suzhou leads export gains in Jan-May
Within the province, Suzhou continued to anchor external trade activity, recording 1.48 trillion yuan in imports and exports, up 37.5% year-on-year.
Zhejiang trade grows 6.2% in Jan-May as exports to ASEAN overtake EU
In May alone, exports to ASEAN reached 68.49 billion yuan, surpassing the European Union to become the province’s largest overseas market.
Zhejiang launches state asset fund to unlock capital for emerging sectors
Officials described the initiative as a closed-loop model linking dormant assets, recovered funds and new productive investment.
Geely to streamline group structure, consolidate entities, chairman says
Li also cautioned against the industry’s growing tendency to compress vehicle development cycles.