China’s commercial space sector expands global footprint with Thailand deal
Beijing-based GalaxySpace’s deployed what it called China’s first turnkey satellite export to Southeast Asia this week, underscoring the country’s efforts…
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China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off
Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its…
Meituan snaps losing streak with profitable June quarter though Douyin threat looms
On-demand delivery giant Meituan swung back to profitability in the second quarter as China’s price war in food delivery cooled,…
MiniMax expands Alibaba cloud pact as compute needs surge for training and inference
Chinese artificial intelligence firm MiniMax has raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding…
Shares in Chinese MLCC makers rise as AI lifts sales and profits
China’s top makers of multilayer ceramic capacitors (MLCCs) – ubiquitous components known as the “rice of the electronics industry” –…
China Life’s revenue surges as top insurer ramps up investment in AI, chips and biotech
China Life Insurance, the country’s largest life insurer, has posted record highs in its first-half results, and says it will…
SoftBank-backed surgical robotics firm eyes Hong Kong listing to power mainland China push
SoftBank-backed surgical robotics company Noah Medical has begun preparations for a Hong Kong initial public offering, joining a wave of…
Need spiritual guidance? Gurus join chatbot trend as people turn to AI for answers
CHENNAI – When Kripa Vaidyanathan’s 27-year-old niece died in an Alaska car crash in 2024, her family in Chennai, India,…
China thinks big on brain-computer interfaces after world-first surgery
Chinese surgeons last month completed the world’s first commercial surgery to implant an invasive brain-computer interface (BCI) device in a…
Judge says Pentagon’s measures against Anthropic were ‘illegal and baseless’
A federal judge has ruled in favor of artificial intelligence company Anthropic in its legal battle against the Pentagon after…