Luxury

DeepSeek was previously reported to be nearing a US$45 billion valuation.

After the offering, Tencent will own a 17.95% stake in Enflame.

JD.com also said companies in its ecosystem employ about 700,000 delivery and logistics workers.

Gartner ranks JD.com’s infrastructure-as-a-service business No. 4 in China.

Ant Group also said it was open-sourcing FinFIRST.

Robots and AI models arrive as interchangeable parts, so firms in Southeast Asia must decide what they need to own and what to simply plug in.

Global wholesale revenue rose 7% as China e-commerce revenue fell 8%.

Smartphone maker Transsion and computer maker Lenovo were among the cornerstone investors, according to Longsys’ prospectus.

The system could reportedly run at 20 frames per second with 0.05 seconds of latency.

Simple AI’s HiFi-UMI system includes an open dataset spanning 2,000 hours.