China
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China’s UBTech, Tianyi team up to scale humanoid robot market
The firms also aim to help biomimetic and wheeled humanoid robots surpass 100,000 units.
SoftBank’s AI bets, debt under scrutiny ahead of earnings
Investors are assessing whether weaker Arm shares could limit SoftBank’s ability to borrow against its holdings.
MiniMax affiliate forms AI software unit in China’s Zhuhai
Its business scope includes AI application software, AI basic software, and AI theory and algorithm software development.
Z.ai links GLM models to China Mobile’s cloud platform
Beijing-based Zhipu, also known as Z.ai, has received funding from a Chinese state firm.
A cheat sheet of M&As in China
Need to get up to speed with China’s M&A scene? This one’s for you.
Still some sparkle in store
Sand.ai, Giva, Fact Base, and more raised funds this week.
Ant Group, HSBC expand payments partnership
The companies said the deal aims to improve global mobile payment connectivity and speed up the development of account and treasury management services.
China Mobile taps CaoCao for AI-powered ride-hailing
CaoCao said it connected to China Mobile’s Lingxi system through the A2A protocol and plans to expand to more China Mobile channels.
Qiming-backed Nature Select raises $100m for AI social app
Nature Select, a China-based developer of AI social app Elys, raised more than US$100 million in a series A+ funding round.
Chinese video startup Sand AI raises $200m
Sand AI said the round brings its total funding over the past 10 months to US$300 million.



