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The approval comes as China's onshore IPO market shows signs of life after a long slowdown. China Resources New Energy shares more than doubled in their Shenzhen debut on Thursday after the wind and solar company raised 24.5 billion yuan, Asia's biggest IPO so far this year.
A new Humanoid Application Center in the Netherlands aims to bridge Europe's robotics gap with the US and China. CEO Evert Jaap Lugt envisions a future where humanoids, boosted by AI, could even replace lost loved ones. Real estate director Niels Langenhuizen plans to deploy robots on construction s
Chinese tech giant Meituan has unveiled LongCat-2.0, a new AI model comparable to Google's Gemini 3.1 pro. This marks a significant achievement as it's reportedly the first trillion-parameter model trained entirely on domestically developed computer chips. This development is a crucial step for Chin
Qihoo 360 unveiled a homegrown vulnerability-hunting AI this week—and Z.ai went further, releasing comparable capabilities as open-weight code anyone can download.
Jensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while visiting Beijing during U.S. President Donald Trump's May summit with Chinese leader Xi Jinping. But his celebrity status has not translated into success in selling
The LineShine supercomputer at the National Supercomputing Center in Shenzhen. | Photo: Liang Xu/Xinhua via Getty Images Despite trade restrictions, China has reclaimed the title of the world's fastest supercomputer for the first time since 2018. LineShine has pushed El Capitan out of number one on
The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with dozens of countries Elon Musk’s Starlink has long dominated the satellite internet industry, but a Chinese government-backed project is aiming to challenge its position.
China’s LineShine debuts at number one in Top500 – a list sometimes viewed as a national measure of global tech prowess A supercomputer in China now outranks its US counterparts as the world’s most powerful. It is the first time since 2017 that a Chinese computer has topped a list sometimes viewed a
