** At the close, the Shanghai Composite index was up 0.45% at 3,633.99 points, marking the third straight session of gains, and booking the highest close since December 31, 2021. Meanwhile, the ... ( read original story ...)
Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector
Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, ... ( read original story ...)
Sunwoda Taps Hong Kong IPO for Funding to Survive China’s Brutal EV Battery Price War
One such player hoping to survive the shakeout is Sunwoda Electronic Co. Ltd., which aims to tap global investors for cash with a planned IPO. Last week the company filed a preliminary prospectus for ... ( read original story ...)
China’s BrainCo Seeks Pre-IPO Funding at $1.3 Billion Valuation
AsianFin -- BrainCo, a Chinese brain-computer interface (BCI) startup aiming to rival Elon Musk’s Neuralink, is in talks to raise about $100 million in pre-IPO funding at a valuation exceeding $1.3 ... ( read original story ...)
UFC reportedly brings back fighter after nearly 3 years to save Shanghai matchup
Kyle Daukaus will reportedly return to the UFC to replace Marco Tulio and face Michel Pereira at UFC Fight Night Shanghai. ( read original story ...)
Kyle Daukaus makes his return against Michel Pereira at UFC Shanghai
Kyle Daukaus is making his long-awaited return to the UFC, stepping up on short notice to face Michel Pereira at UFC Fight Night: Shanghai on August 23rd. This dramatic change unfolded after Brazilian ... ( read original story ...)
Qualcomm China announces Wi-Fi 8 for 2028
The next-generation wireless standard, Wi-Fi 8, is expected to launch in 2028, Qualcomm China announced Monday. Unlike previous generations that focused ... ( read original story ...)