iFlytek Chairman touts latest AI Spark 4.0 model as comparable to GPT-4 Turbo, emphasizes total self-sufficiency · TechNode
Chinese artificial intelligence firm iFlytek on Thursday unveiled the latest version of its AI model, Spark 4.0, which the company…
Kuaishou sees revenue growth slow in Q2, Sora-like Kling generates over 10 million AI videos · TechNode
Chinese short video platform operator Kuaishou reported its slowest quarterly revenue growth in a year in the three months that…
Chinese lidar maker Hesai says it could turn profitable by year end · TechNode
Chinese lidar maker Hesai could be “close to profitability” in the last three months of this year, co-founder and chief…
20% of NIO’s battery swap stations approach breakeven point · TechNode
NIO’s massive recharging network for battery swapping can be a profitable model if each completes 60 swaps on average per…
Xiaomi smartphone to debut Qualcomm’s Snapdragon 7s Gen 3 next month · TechNode
After launching the Snapdragon 7 Plus Gen 3 in March this year, Qualcomm now unveiled its next-gen mid-end mobile platform,…
Xiaomi reports a Q2 revenue of $12.46 billion, marking a 32% y-o-y increase · TechNode
Xiaomi on Wednesday announced its financial results for the second quarter, reporting a revenue of RMB 88.89 billion ($12.46 billion),…
Zeekr gets approval to test Level 3 autonomous vehicles in China · TechNode
Chinese electric vehicle maker Zeekr said on Wednesday it has obtained a license to test its Level 3 partially autonomous…
Walmart sells entire JD stock as it looks to focus on its own Chinese businesses · TechNode
US retail giant Walmart has exited its eight-year holding in China’s JD, one of the country’s largest e-commerce platforms, according…
Huawei tops Fortune China’s first Tech 50 list ahead of BYD and CATL · TechNode
Fortune magazine has released its inaugural Fortune China Tech 50 list, highlighting 50 Chinese technology companies that are impacting the…
Baidu ads revenue down 2% in Q2, GenAI’s contribution to cloud earnings increases · TechNode
Chinese search engine giant Baidu posted a slight earnings decline in the June quarter versus a year earlier, landing at…
