Elon Musk’s AI startup xAI lost USD 341 million on USD 52 million in Q1 2025 revenue but projects USD 13.1 billion in EBITDA by 2029, according to investor materials. The firm plans USD 18 billion in ...

Meituan launched its first permanent drone route in Hong Kong on June 6, flying across Tolo Harbour from Science Park to Ma On Shan. Approved under the city’s low-altitude sandbox, the five-minute ...

BYD said overseas sales hit 89,000 in May, a new high, at its latest annual meeting. Chairman Wang Chuanfu pledged a multiyear rollout of assisted driving features focused on safety and admitted EVs ...

China Eastern Airlines and Cainiao have launched what they call the world’s first smart hangar system, using AI to detect aircraft damage and predict faults. Now active at two Shanghai sites, the ...

BYD’s discount promotion means its lowest-priced model, the Seagull with assisted driving features, starts at RMB 55,800 (USD ...

The startup is building bots that prioritize emotional presence over technical perfection, hoping that’s what wins over ...

For AI-driven fortune-telling to improve, models require training on high-quality, structured, real-world cases, and such ...

Since then, demand for faster charging has grown across the EV industry. Batteries rated for 4C, 6C, and even 12C charging ...

With USD 147 million raised, Bolttech is pushing further toward its goal of embedding insurance into everyday experiences.

Syfe, a leading digital wealth platform, has closed its Series C round at USD 80 million, including a USD 53 million Series ...

The company’s neural imaging engine launches in GAC’s Hyptec HL model, signaling its entry into vehicle-based AI applications ...

The Suzhou-based firm is adapting its turnkey projects and co-extraction tech to meet shifting regulatory and cost demands ...