Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Pony.ai says its overseas robotaxi pipeline has surpassed 4,000 vehicles
The Chinese autonomous driving company also reported Q2 total revenue of $36.2 million, up 68.8% year over year
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Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow
China's Baidu reported second-quarter revenue of 31.3 billion yuan, below analyst expectations, as online marketing continued to s…
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Alibaba is launching an open-weight AI model designed to run on laptops, rivaling Meta
The Chinese tech company released Qwen3.8-27B on Monday, targeting the same on-device AI market Meta entered last week with Muse G…
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Alibaba is selling its gaming unit for at least $1.5 billion to fund its AI push
The Chinese tech giant has agreed to transfer its full stake in the gaming studio to Asian private-equity firm Trustar Capital
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Battery Storage Grew 66% In 2025. China Now Controls Nearly Half
Global battery storage capacity surged 66% in 2025, with China controlling nearly half the market as electricity demand and grid f…
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Apple training its own China-specific AI model with Alibaba's support
The move would make Apple the first foreign company approved by Beijing to offer a proprietary AI model in China
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China's top chip foundry is raising prices as AI demand pushes it past $3 billion in revenue
SMIC's second-quarter revenue hit $3 billion for the first time, rising 36% from a year earlier, as the company raised wafer price…
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Uber and Pony.ai plan 2,000 European robotaxis to challenge Waymo
Uber is significantly scaling its European autonomous vehicle operations with a 2,000-car partnership with China's Pony.ai as it r…
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DeepSeek is officially launching its flagship AI model after months in preview
The Chinese AI startup released V4-Pro on its app, web, and API on Thursday, with a price increase set to follow on August 16
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DeepSeek is raising AI developer access prices by up to 1,100% starting Sunday
The Chinese AI startup will introduce peak and off-peak billing for its V4-Flash and V4-Pro models, replacing a single flat rate
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As North Korea’s Economy Grows, Kim Jong Un Is Stronger Than Ever
North Korea's economy is booming but North Koreans see few benefits. Kim Jong Un is the big winner and is taking credit for growth…
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Lenovo's adjusted profit surged past expectations on AI hardware demand
The Chinese PC maker posted record quarterly revenue of $26.9 billion, far exceeding analyst expectations of $22.3 billion
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Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about…
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EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y…
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Unitree Robotics' $900 million humanoid-robot IPO was oversubscribed more than 8,000 times
The Hangzhou-based humanoid robot maker is set to become the first onshore-listed humanoid robot company in mainland China
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Manus is breaking from Meta as China forces the $2 billion AI deal apart
Chinese regulators ordered Meta to reverse its December acquisition of the AI agent startup, triggering a data deletion process fo…
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Unitree IPO Turns 36-Year-Old Founder Into China’s First Humanoid Robot Billionaire
The mogul, who launched a viral, 3-meter-tall transformable robot this year, has amassed a fortune of $2.4 billion derived from hi…
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China’s Luxury Market Is Stabilizing—But Changing Consumer Psychology Will Shape Its Future
After a recent downturn, the China luxury market is stabilizing, but growth remains elusive. To return to growth, luxury must alig…
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China’s Coal Addiction Begins To Ease
This week’s Current Climate newsletter also looks at Waymo’s reliance on imported Chinese EVs and a potential “super cycle” for cl…
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One Year Of Shanghai Me And Why London Is Buying Into Dubai-Born Luxury
Shanghai Me London marks its first anniversary as Dubai-born hospitality reshapes Mayfair, bringing together experiential dining, …
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Chipmaker Courted By Apple Soars On Market Debut And Briefly Becomes China’s Most Valuable Company
CXMT is China’s biggest memory chipmaker and its debut comes amid an AI-driven demand boom that has boosted the stock price of its…
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OpenAI Systems Autonomously Hacked Hugging Face, Forcing Reliance on Chinese AI
An unprecedented autonomous cyberattack by OpenAI’s models forced Hugging Face to deploy a Chinese open-source system for defense,…
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China's car market heads for worst year since 2021 as sales plunge 20%
Consumer demand for cars in China tumbles following record-high sales of 23.7 million units in 2025.
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Moonshot AI unveils massive open model despite US chip curbs
Moonshot AI has released a 2.8-trillion parameter open model that approaches the performance of leading US systems, signaling that…