15 July 2025

The 35-year-old Wang shared his assessment of the industry at a government-hosted press conference in Beijing, where he forecast China’s robotics sector would expand at a rapid pace this year. He added that Unitree – one of the six “Little Dragons” from tech hub Hangzhou, capital of eastern Zhejiang province – had significantly increased deliveries […]

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the mainland’s on-demand delivery services market. Under Alibaba’s instant commerce brand Taobao Shangou, “Super Saturdays” would offer consumers up to 188 yuan

Sam Altman, founder and CEO of ChatGPT owner OpenAI, said the release of its open-source artificial intelligence (AI) model would be delayed indefinitely, highlighting the challenges that the start-up faces in keeping pace with the open-source movement spearheaded by Chinese firms like DeepSeek. While OpenAI’s closed-source AI models remain months ahead in their capabilities, Altman

Nvidia will resume selling its H20 chips in China and release a new graphics processing unit (GPU) for the country in compliance with US export restrictions, according to a statement amid the visit by its CEO Jensen Huang to Beijing. Nvidia has applied to sell the H20 GPU again, and the US government has “assured