For now, Musk's promise of a 40-minute trip from New York to Shanghai remains an exciting glimpse into the future. But whether these flights will ever be accessible to all – or remain a luxury for the ... ( read original story ...)
Shanghai judge says cryptocurrency is a commodity, legal to own
A judge in the People’s Court of Songjiang District in Shanghai, China, has released an article on the court’s WeChat account about the legality of issuing virtual currency in China. She was ... ( read original story ...)
China’s Pony AI seeks up to $4.55 bln valuation in upsized US IPO
Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm's long ... ( read original story ...)
Shanghai-GM to restructure as sales plunge
GM is struggling to keep up with China's rapid transition to new energy vehicles (NEVs) and competition from local OEMs. ( read original story ...)
Watch: Tiny robot ‘kidnaps’ 12 big Chinese bots from a Shanghai showroom, shocks world
However, there have been major concerns related to AI as it’s feared that it can get out of control from human’s approach and may start working against us.In one such incident, a little AI robot ... ( read original story ...)
Atome Financial Secures $200 Million Syndicated Credit Facility to Accelerate SEA Expansion
Atome Financial has secured a syndicated credit facility of up to U.S. $200 million. It is led and arranged by Hongkong and Shanghai Banking Corporation Limited (HSBC) through its ASEAN Growth Fund, ... ( read original story ...)
Shanghai court says crypto ownership legal under China law amid bitcoin price surge
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal. ( read original story ...)