AI valuations take flight, while China’s low-altitude economy crashes into reality
"It's always all about money. Anything AI requires a tremendous amount of investment." – on Kuaishou’s decision to spin off its Kling AI video unit Rene Vanguestaine Key Takeaways: Kuaishou's…
Unisound revenue doubles on surging agent business
AI solutions provider Unisound AI Technology Co. Ltd. (9678.HK) said on Wednesday it expects its revenue for the first half of 2026 to reach between 530 million yuan ($78.3 million)…
Dobot’s Shenzhen listing approved by stock exchange
Robotics maker Shenzhen Dobot Corp. Ltd. (2432.HK) said on Wednesday that its application for a second listing on the Shenzhen Stock Exchange's ChiNext board was approved by the exchange on…
How AI’s growth left consumer electronics facing an uncertain future
AI-driven memory demand is raising costs and squeezing smartphone and PC makers, while creating opportunities for Chinese chipmakers By CLS Marketwatch The global memory chip market is witnessing a…
INTERVIEW: DataCanvas empowers industries as AI utility provider
The infrastructure provider is aiming to deliver public-utility-style AI to core economic sectors underserved by traditional suppliers By Lau Chi Hang HONG KONG – AI models like Gemini, Qwen and…
Kuaishou’s AI ace valued at $18 billion as countdown to spinoff begins
The short video giant is preparing to cut the financial cord with its Kling unit, opening up new valuation room for the popular AI video asset Key Takeaways: Kuaishou is…
Lingzhu AI secures angel funding led by investor in TikTok predecessor
The AI creation platform said it will use the new funds to improve its products and infrastructure, and to expand its team and use cases By Teri Yu Lingzhu AI,…
