Chint deepens Alibaba Cloud partnership to embed AI across operations
The agreement, announced on June 8, reflects growing efforts by traditional energy companies to deploy AI across generation, storage and grid operations.
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SunUp Fusion raises $100M as investors back alternative fusion pathway
Sunup Fusion is pursuing a differentiated technical route focused on deuterium-helium-3 (D-He3) fuel for compact, high-field fusion power systems.
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.
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.