top of page


DeepSeek Slashes AI Model Prices by 97%, Igniting Market Competition
DeepSeek has significantly reduced the prices of its artificial intelligence (AI) models, including its latest V4 offering, which now costs 97% less than comparable OpenAI products. This strategic move aims to attract more enterprise clients, developers, and agent-based users.
Apr 28


OpenAI AI Smartphone Processor Collaboration Fuels Qualcomm Share Surge
Qualcomm shares rose 13% in premarket trading following an analyst report about OpenAI's collaboration with the chip designer and Taiwan's MediaTek. The partnership aims to develop smartphone processors.
Apr 28


China Orders Meta to Unwind USD 2 Billion AI Startup Acquisition
China ordered U.S. tech giant Meta to unwind its acquisition of artificial intelligence startup Manus on Monday, a deal valued at more than USD 2 billion. This directive comes as Beijing intensifies scrutiny of foreign investment in domestic startups developing frontier technologies.
Apr 28


OpenAI Gains Flexibility, Forms Rival Cloud Partnerships After Microsoft Deal Restructure
Microsoft and OpenAI have renegotiated a key agreement, allowing the artificial intelligence startup to forge new deals with rivals to the software and enterprise giant, including Amazon. This significant change to one of the AI era's most consequential alliances is expected to benefit both organisations.
Apr 28


Chinese Influencer Unveils Colossal Robot Arm Used in Vehicle Impact
A Sichuan-based engineering influencer has unveiled a colossal remote-controlled robot arm, weighing 5,000 kilograms (5.51 tons), which he used to impact a Volvo XC70. The influencer, Fan Shisan, operates the YouTube account "Sword man Fan 13."
Apr 27


Shenzhen's Robotics Industry Achieves Record Growth, Leads China
Shenzhen’s robotics industry achieved record output in 2025, rising 20% year on year to exceed 242 billion yuan (USD 35.4 billion). The city has cemented its position as China’s leading robotics powerhouse due to a sophisticated supply chain and a wide range of real-world applications.
Apr 27


Chinese AI Short Dramas Capture Global Audiences
AI-generated short dramas featuring animals and absurd narratives are gaining massive traction across Asia and beyond, with millions of viewers tuning into micro-series on platforms like Douyin and Xiaohongshu. These dramas, often under a minute long, are captivating audiences with their over-the-top storytelling and unexpected twists.
Apr 24


Figure Humanoid Robot Deliveries Double Monthly, Signaling Production Scale-Up
Figure, a humanoid robot company, has seen its robot deliveries double each month for the last three months. This follows the shipment of approximately 150 units last year. Credit: FIGURE CEO Brett Adcock shared this data on Threads, though specific figures were not explicitly provided on the chart. Deductions suggest shipments may have reached around 60 units in Feb. 2026, 120 in Mar. 2026, and 240 in Apr. 2026. This growth indicates Figure is beginning to scale production o
Apr 24


Huawei Boosts Smart Driving Investment, Computing Power
Huawei plans to significantly increase investment in smart-driving research and development, committing more than USD 10 billion over the next five years to enhance computing power for training. The Chinese technology firm will invest 18 billion yuan, equivalent to USD 2.6 billion, globally in smart-driving R&D this year. Credit: HUAWEI This year's R&D investment includes 10 billion yuan, approximately USD 1.46 billion, specifically for computing power. Senior Vice President
Apr 24


Intel Shares Surge as Second-Quarter Revenue Forecast Beats Estimates
Intel projects second-quarter revenue will surpass Wall Street expectations, driven by strong demand for its server processors used in artificial intelligence (AI) data centres. Shares of Intel climbed 19% in extended trading, adding USD 64 billion to its market value. Credit: INTEL This surge extends the company’s 81% rebound so far this year. Nasdaq futures rose 0.3%, indicating traders anticipate a rise in the tech-heavy index. The company expects revenue between USD 13.8
Apr 24


Tesla Robotaxi Rollout Progresses Slower Than Anticipated
Tesla Chief Executive Officer Elon Musk has adopted a cautious tone regarding the rollout of the company's fledgling robotaxi business, an update described by several Wall Street analysts as uncharacteristically downbeat. The expansion of Tesla’s autonomous ride-hailing operation is proceeding more slowly than previously outlined by Musk.
Apr 24


Tencent, Alibaba Eye DeepSeek Investment, USD 20 Billion Valuation
Chinese technology giants Tencent Holdings and Alibaba Group are in discussions to invest in artificial intelligence startup DeepSeek. The startup is aiming to raise funding at a valuation exceeding USD 20 billion, according to a report from The Information.
Apr 23
bottom of page