Xiaomi has confirmed that a next-generation self-developed chip is nearing release. The update came from founder and CEO Lei Jun, who described the project as approaching that stage. Beyond this status, Xiaomi did not provide additional information about the chip.
OceanBase is reported to be pursuing an A round that targets about 2 to 3 billion yuan while positioning itself as an AI data platform. That yuan range is cited by Pandaily and appears in coverage that situates the company within the data infrastructure segment that supports AI workflows.
Chinese reports, based on a company announcement, say Shanghai Zhihe Network Technology’s Zhihe AI has reported completion of a Series A financing round valued in the tens of millions of yuan. The investor lineup in those reports names Delta Capital as lead investor and Minhang Financial Investment Development as a co-investor.
A Nanjing University team led by professors Miao Feng and Liang Shijun, working with collaborators from the National University of Singapore, has developed an intelligent visual sensor called the Guangyu Chip, according to a report in Science and Technology Daily.
Pony.ai reported a strong year over year increase in second quarter revenue, led by gains tied to robotaxi services and accompanied by continued net losses. According to the company’s news release on its financial results, total revenue reached US$36.2 million in the quarter, up 68.8 percent from a year earlier.
Banma Intelligence is promoting an AI-native approach to vehicle software centered on a system it calls Yan AI. According to a TechNode report, Yan AI spans foundation models, on-device models, AI agents, and an AI-native operating system.
The Motion Picture Association says it objected to Seedance 2.0 after its February 12 launch because the service generated copyrighted characters and likenesses of well-known actors. The association describes its concern as tied to those specific outputs that appeared after the release.
Tencent Cloud said on August 18 that it will establish its first cloud region in Malaysia, with the planned site in Johor and designed for up to three availability zones.
A report by SCMP says Bank of America Global Research surveyed 98 Asia participants between August 7 and 13 who together oversaw US$272 billion in assets.
Chinese artificial intelligence firms have reportedly accessed advanced Nvidia compute by connecting remotely to data centers located in Thailand, Malaysia, and Japan.
