U.S. Software Giant SAS Exits China, Lays Off 400 Employees
On November 4 — U.S. software giant SAS Institute has announced its complete withdrawal from the Chinese market after 25 years of operation, laying off all 400 ...
Category: Industry
Showing 12 of 6422 posts in this category
Country Garden’s Offshore Debt Restructuring Plan Approved, Expected to Cut Debt by Over $11.7 Billion
Country Garden, one of China’s largest private property developers, announced that its offshore debt restructuring plan was successfully approved at a creditors...
Neolix Secures $600M+ Series D, Setting a Record for China’s Autonomous-Driving Sector
Neolix raises $600M+ in Series D to scale autonomous “robovan” operations after passing 10,000 vehicles produced, pushing into large-scale rollout.
10/23/20251 min read
ByteDance Unveils “Seed3D 1.0”: Single Image to High-Fidelity 3D Model Generation
ByteDance launches Seed3D 1.0, a large 3D-generation model that turns a single image into high-fidelity 3D objects with realistic textures and full scenes.
10/23/20252 min read
JD Technology and Rokid Unveil “JoyGlance,” the World's First Smart-Glasses Shopping Agent Launching in November
JD Technology & Rokid unveil JoyGlance: smart-glasses shopping you control by looking and speaking—glance to find, voice to pay.
10/22/20251 min read
Vivo Unveils BlueLM 3B, an On-Device Multimodal Model that Ranks No.1 among Sub-10B Models
Vivo launches BlueLM 3B, an on-device multimodal model that claims No.1 among sub-10B models, with 128K context and unified “One Model” capabilities.
10/10/20251 min read
Alibaba Cloud Announces Multiyear Collaboration with NBA China to Reimagine Fan Engagement with AI
Alibaba Cloud and NBA China sign a multiyear deal to power AI-driven fan experiences, including a Qwen-based model and Real-Time 360 Replay.
10/10/20252 min read
China’s First Reusable-Rocket Factory Completes Construction in Hainan’s Wenchang Spaceport
China’s first reusable-rocket factory opens in Wenchang; iSpace will bring Hyperbola-3 in Q4, targeting first orbital launch with at-sea recovery.
10/9/20252 min read
Chinese-Made Jet C909 Debuts in Shenzhen for International Flight
Shenzhen Airport witnessed the first appearance of China's homegrown C909 jet on the evening of October 2, with the aircraft operating its maiden international ...
10/5/20252 min read
Afari Technology Unveils AI Plan and New Brand
In Chongqing, Afari debuted its brand and “AI + Vehicle” strategy, showcased 8D city smart-driving, and outlined a rapid robotaxi rollout toward large-scale commercialization.
9/30/20254 min read
Ant Group Open-Sources “Ring-1T-preview,” a Trillion-Parameter Reasoning Model
Ant Group open-sources Ring-1T-preview, a trillion-parameter reasoning model reporting SOTA benchmarks and strong code generation (per Ant).
9/30/20252 min read
Ecovacs and Alibaba Cloud Strike Full-Stack AI Deal; Deebot Vacuums Tap Qwen for Voice Control
Ecovacs partners with Alibaba Cloud to bring Qwen AI to Deebot—on-device voice, VLM co-dev, and an agent platform spanning R&D to service.
9/29/20252 min read