Repair demand for banned Nvidia chips is reportedly rising in China, with firms said to be refurbishing hundreds of smuggled H100 and A100 units each month. Shops simulate server environments and ...

Prices of Chinese smartphones exported to the US fell 45% YoY in June, with shipments down 71%, as firms absorbed 20% tariffs to maintain market share. Game consoles saw a 23% drop, with prices ...

OpenAI is preparing to launch GPT-5 as early as August, CEO Sam Altman confirmed. The model will come in full, mini, and nano versions, integrating o-series reasoning, and will be available via API ...

Nvidia said on July 24 that data centers built with smuggled chips are a "losing proposition,” following reports that USD 1 billion worth of its chips entered China despite US export restrictions. The ...

US commerce secretary Howard Lutnick said on July 24 that TikTok will be banned in the US unless China allows American ownership and control of the app. ByteDance has until September 17 to divest ...

Tencent has begun beta testing CodeBuddy, an AI-driven IDE that reportedly lets users build applications using natural language, without writing code. More than 50,000 developers joined the 24-hour ...

New capital, maturing pipelines, and a more global R&D mindset are pushing valuations higher, even as competition tightens.

Chinese investment banks are charging as little as USD 100 to underwrite bond deals, as state-owned issuers dominate a tepid credit market. One RMB 35 billion issue saw six banks split a 0.0002% fee.

Chocolate Finance has raised USD 15 million in a Series A+ funding round led by Nikko Asset Management, with backing from returning investors Peak XV Partners, Prosus, and Saison Capital, as well as ...

Dongchedi defended its crash simulation program on July 24 after backlash over assisted driving test results involving 40 vehicles. The company said videos were misused to spread false claims and ...

Muji has opened new stores in cities including Beijing, Chengdu, and Shenzhen as part of a broader retail push in China, where sales have reportedly grown for ten consecutive months. The brand now ...

Pop Mart has filed a lawsuit against 7-Eleven in the US, accusing the retailer of selling counterfeit Labubu toys under the name “Lafufu.” The alleged knockoffs, priced similarly to official products, ...