IT

IT

WeRide narrows losses as revenue jumps 73% in first-half 2026 report

Chinese autonomous-driving firm WeRide reported first-half 2026 revenue of 346 million yuan ($48.7 million), up 73.3% year-on-year, while its net loss...

IT

Kioxia Holdings plans US IPO to raise at least $10 billion

Kioxia Holdings is reportedly preparing a US listing via ADRs to raise at least $10 billion, joining the AI investment wave. The company's latest quar...

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Bluebug Embodied launches modular humanoid robot Mantis Standard from 9,800 yuan

Chinese startup Bluebug Embodied, spun off from Xi'an Jiaotong University, unveiled its modular humanoid robot Mantis Standard 'Xiaobai' starting at 9...

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Chinese foreign ministry rejects US calls to slow frontier AI development

Beijing says spreading "threat narratives" will only disrupt global AI governance, after Anthropic's Dario Amodei urged caution and won backing from E...

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China's underage internet users hit 198 million, AI adoption surges among minors

China's underage internet population reached 198 million with 98.3% penetration, and 78.5% have used AI tools, raising concerns about digital literacy...

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DeepSeek reportedly set to hire Hillhouse partner Yan Wentao as CFO ahead of IPO

DeepSeek is reportedly bringing in Hillhouse Capital partner Yan Wentao as its CFO, as the AI startup prepares for a possible Shanghai listing later t...

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GAC Group suspends shares to buy stake in FAW joint venture

GAC Group plans to acquire a stake in a FAW-owned vehicle joint venture via share issuance, making FAW its second-largest shareholder. The move aligns...

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Oracle begins new round of layoffs, some teams hit by double-digit cuts

Oracle has launched a fresh round of layoffs, with some teams facing double-digit percentage cuts, according to affected employees and internal docume...

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OpenAI President Says Only Frontier AI Development Needs to Slow Down

OpenAI president Greg Brockman says the call for a slowdown in AI development should apply only to frontier labs like his own, not to open-source proj...

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China's New AI Safety Framework 3.0 Tightens Governance on Emerging Risks

China's cybersecurity standards body released the AI Safety Governance Framework 3.0, updating risk classifications and countermeasures to address new...

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Microsoft publishes 37-page 'humanist' AI principles, rejects runaway superintelligence

Microsoft released a 37-page set of 'humanist AI' principles on Sept. 14, asserting that humans matter more than AI, rejecting the idea of AI consciou...

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Germany says halting AI development unviable for Europe, urges US and China cooperation

Germany's digital affairs ministry rejected calls to pause AI development, saying it is not a viable option for Europe, and stressed the need for inte...