Memory giant CXMT opens share subscription for $4.3 billion IPO
The deal would rank second only to Semiconductor Manufacturing International Corporation’s record 53.2 billion yuan STAR Market IPO in 2020.
Read More
Today’s Yangtze funding roundup: Energy storage, drug discovery, robotics…
The latest rounds will fund product development, clinical trials, manufacturing expansion and global growth.
Alipay embeds AI agents across 30 million offline commerce devices
Rather than positioning AI solely as a tool for answering questions, Alipay is turning it into an operating system for brick-and-mortar commerce.
Momenta shifts into high gear with $9B valuation on HK debut
The company ended its first trading day with a market capitalization of about HK$70.3 billion.
Ant Group takes 28% stake in Boohee as AI health race heats up
The investment marks a broader expansion of Ant’s healthcare strategy — moving beyond access to medical services and into everyday health management.
Qwen adds ‘ingredient labels’ to AI health advice in bid to build trust
The key question is no longer only whether AI can generate medical answers, but whether those answers can be trusted, explained and independently verified.
Europe’s historic heat wave gives Chinese exporters an unlikely break
Air-conditioning penetration remains remarkably low across much of the continent—around 5% in the U.K. and just 3% in Germany.
Robbyant boosts robot vision with new spatial perception models
Robots have long struggled with visual perception in challenging environments involving transparent glass, reflective surfaces, small objects and complex lighting conditions.
Alibaba Cloud tops China’s full-stack AI cloud market with 40.1% share
Alibaba Cloud generated 23.9 billion yuan in revenue across the three segments, well ahead of rivals.
Simplexity Robotics delivers first 100 robots in industry record
The company said the robot can be deployed within an hour of unpacking, reducing lengthy engineering integration and commissioning work.