Tencent’s second-quarter results show new AI products cut 10.5 billion yuan from operating profit, while capital spending hit 52.78 billion yuan, up 176 per cent, as it bets on WorkBuddy, the WeChat a
Paul Meade, the Apple veteran who led Vision Pro hardware for seven years, is joining OpenAI’s hardware team after a reorganisation under incoming CEO John Ternus, a sign OpenAI is moving from concept
Anthropic, the Claude maker, could launch an IPO as early as October 2026 at a valuation of 2 trillion US dollars or more, potentially surpassing SpaceX as the largest offering ever, after annualised
No more showboating. At the ninth World Artificial Intelligence Conference, which opened in Shanghai on 17 July, humanoid robots stopped performing and started working. Past shows leaned on backflips and boxing; this year robots served as both product and staff, guiding visitors and minding unmanned retail points, the first time full-size humanoids were deployed at … Read more
Tactile sensing is becoming a foundational capability for the next generation of embodied intelligence. For two years the robotics industry poured resources into bodies, large models, dexterous hands and vision. As those capabilities advanced quickly, the bottleneck narrowed to the contact layer: a robot must not only locate an object, but feel force, friction, slip … Read more
Doubao, ByteDance’s AI assistant, has started charging a commission. The same hotel room on the same settlement system costs an 8 per cent platform fee from the Douyin feed but 12 per cent when the order jumps from the Doubao chat box. The four-percentage-point gap has a single variable: the traffic came from an AI … Read more
Before Unitree had even started trading, the market had already priced its IPO at about 61 billion yuan. With 2025 revenue near 1.699 billion yuan and net profit around 278 million yuan, that implies a static price-to-earnings multiple of roughly 219 times. The natural first reaction: why would a maker of robot dogs and humanoids … Read more
Beijing ModelBest Technology has registered for IPO tutoring with China’s securities regulator, making it one of the first edge large-language-model developers to test a new STAR Market listing route for AI companies without scale revenue. The filing, dated 12 August 2026, names CITIC Securities as sponsor; the company completed its joint-stock reform on 5 August, … Read more
Brad Lightcap, the COO who built OpenAI’s enterprise business to 25 billion dollars in annualised revenue, has left weeks before a confidential S-1 and a 7 billion dollar buyback at an 852 billion dol
RISC-V chip-design firm SunZhan and founder Zeng Yi argue AI has shifted architecture power from chip makers to AI firms, and are building tooling to auto-generate custom processors as the semiconduct