Pandaily, Author at Pandaily

HP Denies ‘Moving Half of PC Production Out of China’

HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.

China’s “Starlink” Takes to the Skies, Large-Scale Civil Use Expected in Three Years

Although the Chinese version of "Starlink" started late, it is catching up rapidly. In the next 3-5 years, China's low-Earth orbit satellite internet will scale up for civil use.

SHEIN Partners with Luxury Brand MONSE for Co-Branded Collection

SHEIN has collaborated with over 220 renowned global IPs, producing more than 10,000 co-branded IP items in 2023 alone.

Kai-Fu Lee’s AI Startup, 01.AI, Completes Financing Round Raising Hundreds of Millions of Dollars

The AI unicorn company “01.AI," founded by Kai-Fu Lee, has completed a new round of financing, reaching hundreds of millions of dollars.

ModelBest Releases MiniCPM-V 2.6, Matching GPT-4V in Edge Performance

On August 6th, Chinese large model company ModelBest officially released MiniCPM-V 2.6, which fully matches the edge performance of GPT-4V.

Xiaomi: The SU7 Ultra Prototype Is Based on the SU7

On August 6th, Xiaomi officially announced the relationship between the SU7 Ultra prototype and the Xiaomi SU7.

Spy Photos of Li Auto’s M7, M8, and M9 Models Revealed

The Li Auto M7 and M9 are expected to be positioned as medium and large pure electric SUVs, respectively.

Moonshot AI Secures $300 Million in Latest Funding Round, Boosting Valuation to $3.3 Billion

Market rumors suggest that Tencent's $300 million investment in Chinese AI startup Moonshot AI has elevated its valuation to $3.3 billion.

The New BYD Dynasty MPV Model Has Revealed Spy Photos

The new BYD Dynasty MPV model has revealed spy photos and is expected to be named 'Zhou'.

Honor Plans Stock Reform in Q4 and Will Initiate IPO at the Right Time

Honor plans to initiate the corresponding shareholding reform in the fourth quarter of this year and will timely begin the IPO process thereafter.

Xpeng Aeroht Secures $150 Million in Series B1 Financing

Xpeng Aeroht's first five generations of flying car products have successfully conducted nearly 20,000 flight tests, accumulating a wealth of flight data.

Autoflight Receives Hundreds of Millions of Dollars in Exclusive Investment from CATL

CATL and Autoflight signed a strategic investment and cooperation agreement, with CATL exclusively investing hundreds of millions of dollars in Autoflight.

Vidu Launches Globally, with Baidu’s AIHC Support for Large-Scale Video Model Training

On July 30th, Shengshu AI officially launched Vidu, China's first domestically developed large-scale video model and the world's first challenger to Sora.

Tencent’s New AI Engine Boosts Game Dev Efficiency by 40 Times

Tencent launched a new self-developed AI engine that can increase efficiency in game scene creation and content generation by more than 40 times.

Merchants Stage Protest at Temu’s Guangzhou Office Over High Penalties and Withheld Payments

Around 200 small and medium-sized merchants recently staged a protest at the Guangzhou headquarters of Temu, expressing grievances over substantial penalties inflicted by the platform.

XPeng CEO: Intelligent Driving Systems Not Utilizing Large Models Face Obsolescence

He Xiaopeng proudly announced the unprecedented acceleration of XPeng's intelligent driving evolution, facilitated by end-to-end technology.

Autonomous Driving Chip Manufacturer Black Sesame Intelligent Plans to Raise up to 1.12 Billion HKD in IPO

The company aims to issue 37 million shares with a proposed price range of 28.00 to 30.30 Hong Kong dollars per share. If successful, this could raise up to 1.12 billion HKD.

DJI Neo Drone Unveiled: Weighs Only 169g and Can Fly for 15 Minutes

The pocket-sized Neo, with its full propeller cage and single-axis gimbal, is estimated to fly for 15 minutes.

William Li of NIO: The Value of Intelligent Driving is Accident Reduction, Not Replacing Drivers

Li firmly dismissed the idea of NIO venturing into the unmanned taxi business.

AI Image Generation Platform LiblibAI Secures Multi-Billion Yuan Financing within a Year

In just one year, LiblibAI has amassed nearly 10 million professional AI image creators and over 100,000 original models, producing more than 230 million AI images.

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