UBTECH and Xiamen C&D Form Humanoid-Robot Joint Venture

Shenzhen-based humanoid-robot maker UBTECH has signed a strategic cooperation agreement with Xiamen C&D Co., the Chinese supply-chain and real estate conglomerate. The two partners will set up a joint venture to operate the Fujian headquarters of UBTECH Ecosystem Technology Centre. UBTECH industrial humanoid robots handle material-handling tasks on a production line (Source: Gasgoo) Under the … Read more

Nvidia’s $5.5 trillion empire is becoming a family affair

Nvidia chief executive Jensen Huang’s children and son-in-law have moved into the company’s core businesses, and the shift is drawing fresh scrutiny as the chipmaker’s value crosses 5.5 trillion dollars. Generated editorial illustration. The most talked-about appointment is his son-in-law, Nico Caprez. Caprez married Huang’s eldest daughter, Madison Huang, in Hawaii in late September. He … Read more

BYD and Geely storm overseas as six Chinese EV challengers slip in a September split

China’s new-energy vehicle market showed a sharp September split. Six of the ten largest challenger brands posted year-on-year declines, while BYD and Geely did the opposite where it matters most: outside China. Leapmotor led China’s September NEV delivery surge past 105,000 units. (Source: Chedongxi) Leapmotor tops 100,000 again, exports a quarter Leapmotor delivered 105,700 vehicles … Read more

Silicon Valley’s price war: Claude Haiku 5.5 and free GPT-6 Luna undercut DeepSeek

For two years the “price butcher” of large models was never Claude. DeepSeek drove per-million-token prices to cents and trained Chinese vendors to match. On 8 October the positions flipped. Anthropic launched Claude Haiku 5.5, a lightweight model for everyday tasks, at USD 0.10 in and USD 0.50 out per million tokens for requests under … Read more

DeepSeek nears RMB 80B raise, sets stage for 2027 IPO; Tencent and CATL lead

DeepSeek is close to finalising a new funding round of at least RMB 80 billion, with Tencent and CATL among the largest committed investors, Bloomberg reported on 6 October, in a deal that paves the way for an initial public offering early in 2027. People familiar with the terms said the final total could approach … Read more