Thursday, June 25, 2026
Led by former Jane Street quant Cui Tianyi, the Harness team is drawing keen interest from AI engineers and researchers as it pushes to build next-generation autonomous systems.
South Korea's SK Hynix plans to raise $29.65 billion by issuing 17.79 million new shares on the Nasdaq as soon as July 10, marking the largest American Depositary Receipt offering ever and a major push to tap US capital markets for AI memory expansion.
Morgan Stanley sharply raised its outlook for China's humanoid robotics market, citing accelerated early commercial deployment in real-world scenarios.
Qualcomm is in discussions to provide custom chip-design services to TikTok owner ByteDance, marking a strategic shift in China's AI chip supply chain as it moves beyond merely replicating Nvidia's technology.
Domestic electric vehicle sales in China are projected to exceed 15 million units in 2026, cementing the country's position as the world's largest EV market.
Tokyo unveils a massive JPY370 trillion public-private investment blueprint targeting 17 strategic sectors, from AI and semiconductors to aerospace and energy, aiming to revive its chip dominance by fiscal 2040.
CATL launched Tener Sodium, the world's first field-validated sodium-ion battery energy storage system, marking a decisive commercial breakthrough for a technology that promises to ease lithium supply pressures.
Chinese exports of unassembled photovoltaic cells to the US surged 346% year-on-year to $39.96 million in May, driven by surging demand from America’s AI sector and energy-security fears linked to the Iran war.
South Korea's exports surged 60.4 percent year-on-year in the first 20 days of June, propelled by an astonishing 188.4 percent leap in semiconductor shipments amid the global AI boom.
Brazil is preparing to issue panda bonds—yuan-denominated debt sold in mainland China—marking a major milestone for the yuan’s internationalization and Brasília’s push to diversify funding away from the dollar.
After a six-year property downturn, expectations are growing in major Chinese cities like Shanghai that home prices are bottoming out, with buyers aggressively hunting for bargains amid policy easing and a surge in transactions.
Beijing imposed sweeping export controls on 10 American companies, including a rare-earth miner, and barred 46 others from government procurement, retaliating directly against the Pentagon's recent blacklisting of Alibaba and Baidu.
Iran shut the Strait of Hormuz on June 20, citing Israeli strikes in Lebanon. President Trump responded by threatening to impose US tolls on the waterway unless a final deal is reached in two months.
Go Inc., Japan's leading taxi-hailing app, raised ¥88.6 billion in the country's largest IPO of 2026, surging 21% on its Tokyo debut. The company plans to deploy the capital to tackle a severe driver shortage and accelerate robotaxi development, including a partnership with Waymo in Tokyo.
Japan defeated Tunisia 4-0 in a World Cup Group F match, with Ayase Ueda scoring a brace and Daichi Kamada and Junya Ito each adding a goal, keeping Japan second in the group.
Cross-border biotech deals between China and the United States are becoming more complicated and may face a modest slowdown due to stepped-up US efforts to restrict investment and technology transfers, according to ING Research.
President Donald Trump said he will visit China 'at some point' this year, potentially creating four face-to-face meetings with President Xi Jinping in 2026, after an initial summit in Beijing and ahead of Xi's expected US visits in September and December.
The Trump administration has formally raised concerns with Dutch semiconductor equipment maker ASML that one of its most advanced chip-making machines may have reached China in violation of US-led export restrictions.
A battery testing facility the size of 14 football pitches has opened in Xiamen, built by CATL at a cost of 3 billion yuan to push Chinese energy-storage systems to their limits and accelerate global grid deployment.
Li Auto announced that the 150,000th Li i6 all-electric SUV rolled off the production line on June 20, 2026, just nine months after its September 2025 launch. The rapid ramp-up underscores surging demand for the model, which starts at 249,800 yuan.
Jie Tang, CEO of Beijing-based Z.ai, directly countered Elon Musk’s prediction that Chinese AI firms would reach Mythos-level LLMs by Q1 2027, declaring that China will achieve a Fable 5-class model 'soon' — before the end of this year.
The Chinese Academy of Sciences launched a research program on June 15 to study low-altitude hypersonic flight technology, potentially enabling sea-skimming missiles faster than Mach 5 that could evade radar.
Hong Kong launched a two-month public consultation on its first-ever five-year plan, a politically symbolic move that aligns the city’s development with Beijing’s Greater Bay Area blueprint.
Geely sets a new global benchmark for internal combustion engine efficiency, underscoring China's dual dominance in both electric and advanced conventional powertrains.
China’s Ministry of Commerce released a sweeping 17-point guideline on Thursday to embed artificial intelligence across five consumer sectors, the latest effort to rev up domestic spending through tech-driven innovation.
Zhang Yanzhong, a leading figure behind China's C919 passenger jet, presented a detailed roadmap to build a fully self-reliant supply chain, warning that Western sanctions could sever access to critical foreign components.
The State Council Information Office released the document, titled "More Just and Equitable Global Governance: China's Principles, Proposals and Actions," on June 17, urging international cooperation to reform global governance.
Chinese memory brands Gloway and KingBank have switched to domestically produced DDR5 chips from CXMT and YMTC, with global giants Dell, HP, and Corsair now adopting the same silicon.
The first external round, at a $50 billion valuation, locks in CEO Liang Wenfeng's control and solidifies the startup's role as Beijing's designated leader in the global AI race.
CNNC has begun mass-producing ultra-pure silicon-28, breaking a foreign monopoly on a material critical for error-resistant quantum chips and advancing China’s push for self-reliant quantum computing.
Chinese memory chip leader CXMT and Alibaba Group have formed a 3.91 billion yuan ($577 million) long-term investment fund to accelerate semiconductor innovation as Beijing counters Washington's technology curbs.
China's Zhejiang University has surpassed Harvard University to claim the top spot in the Nature Index 2026 Research Leaders rankings, ending Harvard's decade-long dominance.
Between 2021 and 2025, Chinese universities revoked or suspended 12,200 undergraduate programs while adding 10,200 new ones, a net reduction of 2,000 programs.
Washington forces Anthropic to disable Claude Fable 5 globally; Beijing's Zhipu open-sources GLM-5.2, turning containment into an accelerant for Chinese self-reliance.
South Carolina convience store owner Rick Chow was found not guilty of murder for the 2023 shooting of an African American teen, Cyrus Carmack-Belton....
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