Lei Jun at Snapdragon Summit: Xiaomi Eyes AI Tech, North America
Xiaomi confirmed it would be the first mobile phone manufacturer to release products based on Snapdragon 845 processor in China. Xiaomi said it also expects oth...
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Volant Aerotech Bags 100M Yuan in Pre-A Round Financing
Volant Aerotech, a Chinese electric vertical takeoff and landing (eVTOL) development startup, announced on Thursday that it has completed a pre-A round of financing worth 100 million yuan ($14.94 million).
6/30/20223 min read
Baidu Unveils ChatGPT-Style "ERNIE Bot"
Today, Baidu's "ERNIE Bot", known as the Chinese version of ChatGPT, has been officially released at the company's Beijing Headquarters at 14:00 Beijing time. Baidu will set up a venue at its PaddlePaddle Center on Artificial Intelligence Island, Zhang Jiang High-Tech Park. Robin Li, founder of Baidu, attended the launch event and personally introduced the ERNIE Bot.
Sales Volume of Naraka: Bladepoint Surpasses 10M Copies Worldwide
Naraka: Bladepoint, a NetEase game title, announced on Monday that its global sales volume had exceeded 10 million copies. As a reward for the achievement, players will each receive a set of commemorative weapon skins in the game.
6/13/20222 min read
Embezzlements of $10B Disclosed in Three HNA-linked Firms as Group Faces Bankruptcy
Three listed companies of HNA Group disclosed that a total of 61.5 billion yuan ($9.57 billion) had been embezzled by shareholders and other related parties.
2/1/20212 min read
Shanghai Jiading District Launches Vehicle Purchase Subsidies
Though high-risk, lockdown and control areas are still under some number of restrictions, Shanghai has now become fully operational as of June 1st. The Jiading District of Shanghai today issued 12 policies to boost consumption throughout the city.
Number of Chinese AI Patents Surpasses US Ones By 2.5x
According to Japanese financial news Nikkei, Chinese companies have surpassed U.S. companies on a Nikkei ranking of the top 50 patent filers for artificial intelligence (AI) over the past three years
Stop It. SARS Wasn't the Reason E-commerce Boomed in China
Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.
2/20/20205 min read
China's Game Industry Faces Massive Layoff Risk
Well-known game developers, including NetEase, Lilith Games, and IGG, have either curtailed development of in-house game projects or have laid off staff.
2/22/20222 min read
Former Executive of Xiaomi Joins Coolpad Group As President of Hardware Product Center
Domestic mobile phone brand Coolpad recently announced a change up of its management team. The company said that Li Yujing, former head of Redmi, will become the group's vice president.
Elon Musk and Jack Ma Debate AI at World AI Conference In Shanghai
Two titans of global technology entrepreneurship, Elon Musk and Jack Ma, shared a stage on August 29, to talk about the future of humanity, through the lens of technology and AI.
8/29/20193 min read
Chinese E-cigarette Stocks Slump Following Proposed Regulation
Chinese government authorities on March 22 suggested that the country’s tobacco industry regulations might also be applied to e-cigarettes and vaping products.
3/24/20214 min read