Illustration: Xia Qing/GT A few days ago, The New York Times published a story with the headline “China’s Robots Know Kung Fu and Can Scale Walls. Can They Woo Investors?” Soon after, China’s capital market delivered its answer through Unitree Robotics’ IPO. Investors piled in so heavily that the preliminary online subscription multiple hit an…
Supermicro (SMCI) reported its fourth quarter results after the bell on Tuesday, topping expectations on earnings but falling short on revenue. Still, an upbeat Q1 forecast sent shares higher by more than 6%. “Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year,…
A Chinese rocket carrying a communications satellite failed in its launch, state media said, attributing the failure to a “flight anomaly” as reports and videos suggested the spacecraft had exploded in mid-air. Beijing has plowed billions of dollars into its space program in the past few years to achieve what Chinese President Xi Jinping (習近平)…
Movie theaters are turning Paw Patrol: The Dino Movie into a collector’s event. One unusual item looks less like children’s merchandise and more like a pet accessory. The upcoming animated film will arrive in theaters on August 14. Its range of collectibles will launch at participating theaters before the movie’s release. Paw Patrol: The Dino…
Who: Paris Saint-Germain vs Aston VillaWhat: UEFA Super CupWhere: Salzburg Stadium in AustriaWhen: Wednesday, August 12 at 9pm (19:00 GMT)How to follow: Al Jazeera will have all the build-up from 16:00 GMT. Barely three weeks after the World Cup final, the first trophy of the new European football season is up for grabs in the…
The Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background. Cheng Xin | Getty Images News | Getty Images Manus said Tuesday it will “soon resume operating as an independent company,” after Chinese regulators in April demanded Meta unwind its $2 billion acquisition of the artificial intelligence startup….
Gasgoo Munich- Leapmotor put the A05 battery-electric hatchbackonto the market on August 11, pricing the five-variant lineup between 63,900 yuan and 90,900 yuan. Image source: Leapmotor The A05 is the second vehicle developed on Leapmotor’s global-oriented A platform after the A10 SUV. Its combination of sub-100,000-yuan pricing, long-range options and available LiDAR-based driver assistance places it in an increasingly competitive segment of…
Key Points Rivian (NASDAQ: RIVN) launched its R2 SUV in the U.S. on June 9. The premium EV maker expects the new vehicle, which costs less than its R1T pickup and R1S SUV, to expand its addressable market and widen its moat against Tesla (NASDAQ: TSLA). But how many R2 SUVs does Rivian need to…
Elon Musk plans to build a $16.8 billion chip factory that he says is set to become the largest building in the world. Musk, the CEO of SpaceX and Tesla, announced the project as chip manufacturers worldwide ramp up production in response to a surge of demand triggered by advances in artificial intelligence. The massive…
China has been cracking down on a practice known as “Singapore-washing,” which is when companies leave the country to take advantage of looser regulations and funding opportunities (GREG BAKER) AI startup Manus said Tuesday it would resume “operating as an independent company,” months after Beijing blocked Meta’s multi-billion-dollar acquisition of the Chinese-developed, Singapore-based company. Some…