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Zhipu AI Launches GLM‑4.5, an Open-Source 355B AI Model Aimed at AI Agents
Chinese startup Zhipu AI (now rebranded as Z.ai) has open-sourced its new flagship model GLM‑4.5, a 355-billion-parameter foundation AI model. The July 28 ann...
WAIC2025
China Proposes “World AI Cooperation Organization” at WAIC 2025

WAIC2025
AI ‘Godfather’ Geoffrey Hinton Urges Global AI Cooperation at WAIC 2025 in Shanghai

Auto
NIO's First Self-developed Chip Is Aimed at Intelligent Cabin, with Ex-Huawei Hisilicon Expert in Charge
NIO's first self-developed chip will be manufactured by Samsung, with the research and development team led by a former Huawei HiSilicon executive.

Industry
Chinese Auto-Driving Company WeRide Raises $310M in Series B Financing Deal Led by Yutong Group
China’s leading L4 autonomous driving mobility company WeRide announced Thursday it completed the Series B2 and B3 financing, marking that WeRide has raised a total of $310 million in a Series B funding.

Industry
NIO Quietly Lays Off Employees, Involving Multiple Departments Including UR Fellow
Last week, NIO made various degrees of layoffs and adjustments to departments such as UR Fellow, PT Energy Department, NIO House operations, after-sales stores, and terminal sales teams.
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