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According to Anue, Chinese GPU unicorns Moore Threads and MetaX had their STAR Market IPO applications accepted on Monday, June 30. Moore Threads plans to raise RMB 8 billion. MetaX aims to raise RMB 3.904 billion, with a total investment of RMB 5 billion. As noted by Economic Daily News, this move ...
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According to Commercial Times, following the success of DeepSeek-R1 earlier this year, major Chinese tech companies have been actively advancing the development of open-source AI models, driving down the cost of using large models by 60% to 80%. Notably, on June 30, both Baidu and Huawei announced ...
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According to a report from Central News Agency, citing Chinese media outlet Calian Press, the management of China Rare Earth Holdings—a listed subsidiary under China Rare Earth Group—has reportedly seen a wave of departures this year. Rumors suggest many executives have been poached by overseas...
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Optical computing uses photons as carriers to enable information transmission, interaction, and computation. With inherent advantages such as low power consumption, low latency, and high parallelism, it is considered a promising approach to building next-generation computing infrastructure in the po...
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Amid rising U.S. tariffs and stricter export controls on chipmaking tools, global equipment makers are dialing back their reliance on China. Japan’s Tokyo Electron, the most exposed among peers, now expects China to make up about 30% of its sales—down from 40% in the second half of 2024, Bloombe...