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Everything about China's Innovation

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Black Sesame Technologies Goes Public, Giving Birth to China’s First ‘Smart Car AI Chip’ Stock

Black Sesame Technologies Goes Public, Giving Birth to China’s First ‘Smart Car AI Chip’ Stock

On August 8, Black Sesame Technologies, a Chinese AI chip firm, made its official debut on the Hong Kong Stock Exchange.

News Aug 08August 8, 2024
Pandaily
China’s NEVs’ Market Penetration Surpassed 50% in July, Exceeding Fuel Vehicles

China’s NEVs’ Market Penetration Surpassed 50% in July, Exceeding Fuel Vehicles

China's new energy vehicles' market penetration rate exceeding 50% for the first time in July 2024, surpassing traditional fuel vehicles.

Auto Aug 08August 8, 2024
Pandaily
HP Denies ‘Moving Half of PC Production Out of China’

HP Denies ‘Moving Half of PC Production Out of China’

HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.

Industry Aug 08August 8, 2024
Pandaily
China’s “Starlink” Takes to the Skies, Large-Scale Civil Use Expected in Three Years

China’s “Starlink” Takes to the Skies, Large-Scale Civil Use Expected in Three Years

Although the Chinese version of "Starlink" started late, it is catching up rapidly. In the next 3-5 years, China's low-Earth orbit satellite internet will scale up for civil use.

News Aug 07August 7, 2024
Pandaily
SHEIN Partners with Luxury Brand MONSE for Co-Branded Collection

SHEIN Partners with Luxury Brand MONSE for Co-Branded Collection

SHEIN has collaborated with over 220 renowned global IPs, producing more than 10,000 co-branded IP items in 2023 alone.

News Aug 07August 7, 2024
Pandaily
Kai-Fu Lee’s AI Startup, 01.AI, Completes Financing Round Raising Hundreds of Millions of Dollars

Kai-Fu Lee’s AI Startup, 01.AI, Completes Financing Round Raising Hundreds of Millions of Dollars

The AI unicorn company “01.AI," founded by Kai-Fu Lee, has completed a new round of financing, reaching hundreds of millions of dollars.

News Aug 07August 7, 2024
Pandaily
ModelBest Releases MiniCPM-V 2.6, Matching GPT-4V in Edge Performance

ModelBest Releases MiniCPM-V 2.6, Matching GPT-4V in Edge Performance

On August 6th, Chinese large model company ModelBest officially released MiniCPM-V 2.6, which fully matches the edge performance of GPT-4V.

AI Aug 07August 7, 2024
Pandaily
Xiaomi: The SU7 Ultra Prototype Is Based on the SU7

Xiaomi: The SU7 Ultra Prototype Is Based on the SU7

On August 6th, Xiaomi officially announced the relationship between the SU7 Ultra prototype and the Xiaomi SU7.

Auto Aug 07August 7, 2024
Pandaily
Spy Photos of Li Auto’s M7, M8, and M9 Models Revealed

Spy Photos of Li Auto’s M7, M8, and M9 Models Revealed

The Li Auto M7 and M9 are expected to be positioned as medium and large pure electric SUVs, respectively.

Auto Aug 06August 6, 2024
Pandaily
Moonshot AI Secures $300 Million in Latest Funding Round, Boosting Valuation to $3.3 Billion

Moonshot AI Secures $300 Million in Latest Funding Round, Boosting Valuation to $3.3 Billion

Market rumors suggest that Tencent's $300 million investment in Chinese AI startup Moonshot AI has elevated its valuation to $3.3 billion.

AI Aug 06August 6, 2024
Pandaily
The New BYD Dynasty MPV Model Has Revealed Spy Photos

The New BYD Dynasty MPV Model Has Revealed Spy Photos

The new BYD Dynasty MPV model has revealed spy photos and is expected to be named 'Zhou'.

Auto Aug 06August 6, 2024
Pandaily
Honor Plans Stock Reform in Q4 and Will Initiate IPO at the Right Time

Honor Plans Stock Reform in Q4 and Will Initiate IPO at the Right Time

Honor plans to initiate the corresponding shareholding reform in the fourth quarter of this year and will timely begin the IPO process thereafter.

Industry Aug 06August 6, 2024
Pandaily
Xpeng Aeroht Secures $150 Million in Series B1 Financing

Xpeng Aeroht Secures $150 Million in Series B1 Financing

Xpeng Aeroht's first five generations of flying car products have successfully conducted nearly 20,000 flight tests, accumulating a wealth of flight data.

News Aug 05August 5, 2024
Pandaily
Autoflight Receives Hundreds of Millions of Dollars in Exclusive Investment from CATL

Autoflight Receives Hundreds of Millions of Dollars in Exclusive Investment from CATL

CATL and Autoflight signed a strategic investment and cooperation agreement, with CATL exclusively investing hundreds of millions of dollars in Autoflight.

Industry Aug 05August 5, 2024
Pandaily
Vidu Launches Globally, with Baidu’s AIHC Support  for Large-Scale Video Model Training

Vidu Launches Globally, with Baidu’s AIHC Support for Large-Scale Video Model Training

On July 30th, Shengshu AI officially launched Vidu, China's first domestically developed large-scale video model and the world's first challenger to Sora.

AI Aug 01August 1, 2024
Pandaily
Tencent’s New AI Engine Boosts Game Dev Efficiency by 40 Times

Tencent’s New AI Engine Boosts Game Dev Efficiency by 40 Times

Tencent launched a new self-developed AI engine that can increase efficiency in game scene creation and content generation by more than 40 times.

News Aug 01August 1, 2024
Pandaily
Merchants Stage Protest at Temu’s Guangzhou Office Over High Penalties and Withheld Payments

Merchants Stage Protest at Temu’s Guangzhou Office Over High Penalties and Withheld Payments

Around 200 small and medium-sized merchants recently staged a protest at the Guangzhou headquarters of Temu, expressing grievances over substantial penalties inflicted by the platform.

News Jul 31August 1, 2024
Pandaily
XPeng CEO: Intelligent Driving Systems Not Utilizing Large Models Face Obsolescence

XPeng CEO: Intelligent Driving Systems Not Utilizing Large Models Face Obsolescence

He Xiaopeng proudly announced the unprecedented acceleration of XPeng's intelligent driving evolution, facilitated by end-to-end technology.

News Jul 31July 31, 2024
Pandaily
Autonomous Driving Chip Manufacturer Black Sesame Intelligent Plans to Raise up to 1.12 Billion HKD in IPO

Autonomous Driving Chip Manufacturer Black Sesame Intelligent Plans to Raise up to 1.12 Billion HKD in IPO

The company aims to issue 37 million shares with a proposed price range of 28.00 to 30.30 Hong Kong dollars per share. If successful, this could raise up to 1.12 billion HKD.

News Jul 31July 31, 2024
Pandaily
DJI Neo Drone Unveiled: Weighs Only 169g and Can Fly for 15 Minutes

DJI Neo Drone Unveiled: Weighs Only 169g and Can Fly for 15 Minutes

The pocket-sized Neo, with its full propeller cage and single-axis gimbal, is estimated to fly for 15 minutes.

News Jul 30July 30, 2024
Pandaily

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