Jul 5

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Nearly 80,000 Chinese AI-related Firms Disappear Since ChatGPT Launch

Despite the initial surge in AI startups fueled by the technology boom, many companies have struggled with financial viability, facing the dual challenges of high cash burn rates and a cooling investment climate.

Tesla Says They Have Deployed Two Optimus Bots for Automated Tasks in the Factory

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iPhone shipments surged 52% YoY and grew much stronger than a bounceback of 12% YoY increase in March after a 37% plunge in the first two months of the year

Chinese electric vehicle (EV) manufacturer Nio Inc. i

Chinese electric vehicle (EV) manufacturer Nio Inc. i

A Grand Wedding and $8 Billion Fujianese Business Network

This marriage between the heir and heiress of two enterprises is undoubtedly a strategic move, enabling the two to complement resources and fend off risks together, with far-reaching implications for both families.

Qatar's Sovereign Wealth Fund to Acquire 10% Stake in China's Second-Largest Mutual Fund Firm

The deal would make QIA the third-largest shareholder in ChinaAMC, a leading asset manager with over $248 billion (RMB 1.8 trillion) in assets under management. ChinaAMC offers mutual funds and exchange-traded funds to both individual and institutional investors.

EU Said to Impose Chinese EV Tariffs from July 4

The European Commission is reported to inform Chinese auto companies privately next week about the level of import duty that will be applied.

U.S. Solar Makers Seek Additional Tariffs on Panel Imports From Asia