China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s…

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Ant Group’s LingGuang vibe coding app hits 1 million downloads in just 4 days

Ant Group’s LingGuang vibe coding app hits 1 million downloads in just 4 days

Ant Group’s new “vibe coding” artificial intelligence app LingGuang has overwhelmed servers after user downloads surpassed 1 million in just four days, hitting the milestone faster than OpenAI’s ChatGPT and Sora, according to the Chinese fintech giant. The app’s innovative functionality of generating applications in response to users’ text prompts was temporarily suspended on Thursday…

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