BRIEF: Airdoc Tech approved for H-share full circulation

Beijing Airdoc Technology Co. Ltd. (2251.HK) announced on Monday that the China Securities Regulatory Commission (CSRC) has approved its plan to convert 50.15 million of its domestic shares into H-shares…

BRIEF: Alibaba to develop AI-powered iPhone with Apple for China

Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and Apple Inc. (AAPL.US) have reportedly agreed to jointly develop and produce an iPhone equipped with artificial intelligence (AI) capabilities for the Chinese market,…
Baidu does infrastructure

BRIEF: Zhipu raises 3 billion yuan in new funding

AI large model unicorn Zhipu AI announced the completion of a new 3 billion yuan ($412 million) funding round, including participation by multiple strategic investors and state-backed entities. The funds…