en.tmtpost

Didi Starts Passenger Tests of New Robotaxi R2 in Beijing and Guangzhou

TMTPOST — Didi Autonomous Driving said Monday that its new-generation Robotaxi R2 has begun unmanned passenger-carrying test services in designated demonstration zones in Beijing and Guangzhou. Users ...
en.tmtpost

WeRide Joins Hong Kong Tech 100 Index From Sept. 14

Autonomous-driving company WeRide Inc. said Monday it has been selected for inclusion in the Hong Kong Stock Exchange Tech 100 Index following the exchange’s quarterly review. The adjustment will be ...
en.tmtpost

27B Local Model From StartLux Ranks Second in Official Chinese Agent Benchmark, Matching Larger Rivals on Key Tasks

A 27-billion-parameter local model from Shanghai-based StartLux scored 39.25 and ranked second in a China Academy of Information and Communications Technology agent-capability test, according to ...
en.tmtpost

Nova Fusion Raises RMB 1.2 Billion in Pre-A Series

Co., Ltd. announced Monday that it has completed a Pre-A series financing totaling RMB 1.2 billion, comprising Pre-A and Pre-A+ rounds. Within 16 months of its founding the company has raised RMB 500 ...
en.tmtpost

OpenCSG Raises Hundreds of Millions of Yuan in Pre-A Round

TMTPOST — Open-source AI infrastructure company OpenCSG has completed a Pre-A financing of several hundred million yuan, with its post-money valuation entering unicorn territory, the company said. ...
en.tmtpost

Gongwang Sensing Raises Nearly RMB 100 Million in Series A

Next-generation inductive encoder maker Gongwang Sensing has completed a Series A financing of nearly RMB 100 million, according to an announcement relayed by Wanchuang Investment Bank on Monday. The ...
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StartLux 27B Local Model Ranks Second in CAICT MCP Benchmark

A 27-billion-parameter local large model developed by Shanghai-based StartLux ranked second overall in the China Academy of Information and Communications Technology’s Trusted AI Large Model Benchmark ...
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iFlytek to Release Spark X2.5 Base Model on Sept. 7

TMTPOST — iFlytek said it will formally release its Spark X2.5 (293 billion parameters) base model on Sept. 7, further upgrading capabilities in coding and agents. On Sept. 1 the company plans to open ...
en.tmtpost

China's Financial Regulators Extends Mortgage Term From 30 to 40 Years

The People’s Bank of China (PBOC) and the National Financial Regulatory Administration (NFRA) on Friday extended the maximum term for individual home loans to 40 years from 30 years. The new rule was ...
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UD Robot Plans Global Offering of 45 Million H-Shares

Co., Ltd. announced Monday that it plans a global offering of 45 million H-shares on the Hong Kong Stock Exchange. The offering comprises 2.25 million H-shares for the Hong Kong public tranche and 42.
en.tmtpost

Banks Report Explosive Growth in AI Token Consumption

Token consumption has emerged as a key metric of artificial-intelligence scale and activity in the half-year reports of listed Chinese banks, reflecting the shift of large models from pilots to ...