Pandaily's Digest | Aug 7, 2024
Editor's note: The new BYD Dynasty MPV model has revealed spy photos and is expected to be named 'Zhou'.
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'. Link
Headlines from China
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. Link
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. Link
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. Link
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. Link
News You Shouldn’t Miss
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. Link
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. Link
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. Link
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. Link
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. Link
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