iPhone 4S

The companies said the deal aims to improve global mobile payment connectivity and speed up the development of account and treasury management services.

CaoCao said it connected to China Mobile’s Lingxi system through the A2A protocol and plans to expand to more China Mobile channels.

Nature Select, a China-based developer of AI social app Elys, raised more than US$100 million in a series A+ funding round.

Sand AI said the round brings its total funding over the past 10 months to US$300 million.

Chairman and president Bai Peng said the company wants to participate in all silicon-based devices inside optical modules, which move data in AI systems.

SoftBank Robotics develops humanoid and service robots. SoftBank said the acquisition would broaden its industrial automation capabilities.

AI firms keep talking about the city-state. Their hiring data reveals who’s truly expanding in Southeast Asia.

The launch also comes as China’s rules for public-facing generative AI services require security assessments and regulatory filings in some cases.

Baidu said Apollo Go operates in 28 cities and had provided more than 23 million rides as of June 2026.

Here are the companies in China that are attracting tons of investors and have the resources to spend on software, talent, and expansion.