Tencent Holdings is allowing developers to integrate their services into WeChat’s new AI ecosystem, enabling users to book rides, order food and plan trips using AI agents, reports Caixin. Major local service and travel platforms, including Meituan, Trip.com, Tongcheng Travel and Didi announced their participation in initial testing shortly after WeChat opened the platform on Monday. […]
Category: Tech, Media & Telecom
China’s major stock exchanges are overhauling their benchmark indices to add domestic artificial intelligence and semiconductor companies while phasing out traditional consumer electronics manufacturers, reports Caixin. The semi-annual rebalancing, effective June 15, impacts more than a dozen key gauges including the CSI 300, SSE 50, and STAR 50. Passive funds are already injecting hundreds of millions […]
China AI company DeepSeek is set to raise about RMB 50 billion ($7.4 billion) in its first funding round from investors including Tencent and CATL, reports Reuters citing insider sources. The fundraising could value the company after the investment at between RMB 350 billion and RMB 400 billion, or between $52 billion and $59 billion, the people […]
BYD has set its sights on achieving zero traffic accidents through self-developed autonomous driving technology, reports the South China Morning Post. This comes as the world’s largest EV maker aims to assemble next-generation cars affordable for mass consumers. Founder and chairman Wang Chuanfu told a press conference in Shenzhen on Thursday that BYD’s “God’s Eye” advanced driver-assistance […]
Leading Chinese autonomous driving startups are expanding their robotaxi fleets despite a temporary regulatory tightening sparked by a mass vehicle failure in March, reports Caixin. Pony.ai reported a fleet of more than 1,700 vehicles as of May 24, up by roughly 250 cars from two months earlier. The company also upgraded its 2026 fleet target from […]