OpenAI will acquire io, an AI hardware startup co-founded by Apple veteran Jony Ive, in a USD 6.5 billion all-stock deal. The move brings in a team of Apple alumni and positions OpenAI to launch ...

The fintech firm is betting on global expansion and AI-driven financial infrastructure to anchor its next phase of growth.

OpenAI will acquire io, an AI hardware startup co-founded by Apple veteran Jony Ive, in a USD 6.5 billion all-stock deal. The move brings in a team of Apple alumni and positions OpenAI to launch ...

As China grapples with a surge in retired EV batteries, Eagoal is leaning on predictive tools and clean chemistry to lead the ...

Airwallex has raised USD 300 million in Series F funding at a USD 6.2 billion valuation to fuel global expansion and reach USD 1 billion in annualized revenue this year. Investors include Square Peg, ...

EHang expects to launch flying taxi services in Guangzhou and Hefei this year and sees China enabling fixed-route air shuttles by 2030. Certified by China’s aviation regulator for autonomous eVTOL ...

LexinFintech reported Q1 2025 net income of RMB 430 million, up 113% YoY. Revenue fell 4% to RMB 3.1 billion, as loan ...

Tmall’s export push drove record growth in the opening days of the 2025 global 618 campaign, with nearly 1 million merchants ...

Xpeng posted Q1 2025 revenue of RMB 15.81 billion, up 141.5% YoY, as deliveries surged 331% to 94,008 units. Net loss narrowed to RMB 660 million, supported by improved margins and economies of scale.

Xpeng posted Q1 2025 revenue of RMB 15.81 billion, up 141.5% YoY, as deliveries surged 331% to 94,008 units. Net loss narrowed to RMB 660 million, supported by improved margins and economies of scale.

iQiyi's net income fell 72% YoY to RMB 182 million in Q1 2025 as revenue declined 9% to RMB 7.19 billion. The drop was driven by a lighter content slate and weaker ad sales. Reductions in content ...

Meitu has partnered with Alibaba in a USD 250 million deal involving convertible bonds, marking a deepening collaboration in AI, e-commerce, and cloud services. Meitu will integrate its AI tools into ...