Meituan and JD.com are expanding China’s food delivery war into restaurant infrastructure, with Meituan planning 1,200 “Raccoon Canteen” outlets and JD.com investing RMB 1 billion to build 10,000 ...

ByteDance’s Seed team has introduced Seed Diffusion Preview, a discrete diffusion language model built for structured code tasks. Processing at 2,146 tokens per second, it is said to deliver 5.4 times ...

Nvidia has denied that its H20 chips contain any “backdoors,” after Chinese regulators summoned the company to address national security concerns. The scrutiny follows reports of potential tracking ...

President Donald Trump has suspended the de minimis exemption, which allowed imports under USD 800 to enter the US duty-free. Effective August 29, the order targets a surge in low-value shipments and ...

WeRide reported Q2 2025 revenue of USD 17.8 million, a 60.8% YoY rise, with robotaxi earnings surging 836.7% to USD 6.4 million. Robotaxis accounted for 36.1% of total revenue. In Abu Dhabi, its fleet ...

Alibaba's Amap app has launched ride-hailing services in 24 countries across Europe and Asia, including major cities like Paris and London. Partnering with Bolt, the service lets users in mainland ...

OpenAI has reportedly reached an annualized revenue run rate of USD 12 billion, fueled by widespread adoption of its ChatGPT products across consumer and enterprise markets. The platform now serves ...

Grab reported Q2 2025 net profit of USD 20 million, up USD 89 million YoY, as revenue rose 23% to USD 819 million. Adjusted EBITDA increased to USD 109 million, marking the 14th consecutive quarterly ...

Starbucks has shortlisted about a dozen firms, including KKR, Boyu, JD.com, and Tencent, to explore investing in its China business, sources said. CEO Brian Niccol said the goal is to expand stores ...

Manus is rolling out “Wide Research,” a premium feature that les users assign tasks to multiple AI agents in parallel, according to sources. Priced at USD 199 per month, it reportedly handles ...

OpenAI has reportedly reached an annualized revenue run rate of USD 12 billion, fueled by widespread adoption of its ChatGPT products across consumer and enterprise markets. The platform now serves ...

Foxconn is acquiring a 10% stake in TECO Electric & Machinery through a share swap, forming a partnership to co-develop integrated AI data center solutions. The move underscores Foxconn’s ...