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ByteDance eyes 5-6GW data hub in Inner Mongolia: sources
The planned data center cluster would be built in Jining district, the source said.
Minh Le · · 1 min read
ByteDance said to line up $29.6b loan
The TikTok owner had initially sought a US$20 billion facility but increased the size after attracting more than US$30 billion of orders.
Grace Priscilla Teo · · 1 min read
Chinese robotics firm UBTech completes $13.9m round
UBTECH said it will use the proceeds for technology upgrades and product development for a new generation of high-power-density integrated joint modules
Grace Priscilla Teo · · 1 min read
Chinese AI chipmaker Enflame draws 6,109x online IPO demand
After receiving orders from more than 7 million online investor accounts, Enflame moved 3.4 million shares from the offline tranche to the online sale.
Diya Lal · · 1 min readNio reports 69% revenue growth in second quarter
Nio expects to deliver up to 111,000 vehicles in the third quarter.
Diya Lal · · 1 min readChinese 3D AI startup Tripo raises $447m in series B
Tripo says its P2.0 model is the first in the industry to support quad topology.
Diya Lal · · 1 min readManus resumes independent operations after Meta deal
Users can recover data erased for regulatory compliance through a restoration portal.
Diya Lal · · 1 min readChina’s iFlytek to open-source 2 edge AI models in September
Its smaller models support context windows of up to 1 million tokens.
Aiko Gao Ishida · · 1 min readTencent-backed AI chipmaker Enflame targets $908m Shanghai IPO
The eight-year-old chip designer plans to sell 43 million shares on Shanghai’s STAR Market.
Minh Le · · 1 min readChina’s Zhipu AI revenue jumps 400% as cloud business grows
Its stock remained about 60% below its June record high despite a pre-results rise.
Naomi Li Gan · · 1 min read