Tencent Boosts AI Spending as Tech Giants Race for Computing Power
Chinese internet giant Tencent is doubling down on artificial intelligence, signaling plans to significantly increase capital expenditures in 2025 to
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Pandaily
12:21
Zhipu AI Launches AutoGLM Rumination: An AI Agent Blending Deep Research and Autonomous Execution
Zhipu AI, a Chinese artificial intelligence company, has introduced AutoGLM Rumination, an AI agent designed to combine deep research capabilities
Pandaily
10:23
ByteDance’s All-In Strategy on AI Development
ByteDance, China's internet giant and parent company of TikTok, is making an aggressive push into artificial intelligence with a comprehensive,
Pandaily
10:23
Baidu Releases Two New Large AI Models to Rival DeepSeek, Focuses on Multimodality
Baidu has unveiled two new large-scale artificial intelligence models, positioning them as direct competitors to the rapidly emerging DeepSeek in
Pandaily
08:19
Huya 2024Q4 and Full Year Earnings Analysis: Adjusted Net Income More Than Doubled in 2024 with $400M 2025-2027 Dividend Plan
HUYA Inc., China's leading game streaming platform, reported Q4 and 2024 results Tuesday with adjusted net income up 125.6% to
Pandaily
05:29
The Tesla China Team Is Developing A Low-Priced ‘Model Y’ to Cope with Price Competition
In response to the price war in China, the Tesla China team is leading the development of a low-priced 'Model
Pandaily
11:26
Xpeng CEO Optimistic About Competing with Tesla’s FSD in China
He Xiaopeng emphasized that Xpeng's Level 3 (L3) autonomous driving capabilities would "far surpass" Tesla's FSD V13, though he noted
Pandaily
11:26
Porsche CEO Listed Chinese Market as Primary Challenge Upon 2024 Performance Report Release
In 2024, Porsche's sales in China plummeted by 28% to 56,887 cars. In 2021, China was Porsche's largest market with
Pandaily
06:20
ATRenew Achieves Record Revenue and Profit in 2024 as Trade-in Momentum Accelerates
ATRenew, a leading Chinese platform for pre-owned consumer electronics trading and recycling, announced robust financial results for the fourth quarter
Pandaily
04:22
Manus Development Team Monica Completes A New Round of Financing, Led by Tencent
The 'Internet celebrity' product Manus's parent company Monica has completed a new round of financing led by Tencent...
