Fortune Brands Innovations has begun a staged retreat from selling Moen as a local brand across Asia. In an internal notice dated around November 3, the U.S. comp ...

Standalone plants with their own company, meter, and trading account now dominate new storage procurement. Construction lists in places such as Inner Mongolia run to tens of gigawatts across dozens of ...

Alibaba used a top host and a near-free month card to put Qwen Office in front of a festival audience. The token slogans traveled far. The business test starts when the discount ends. NextFin News — ...

Silicon photonics company Bopu Semiconductor has completed a Series B financing of several hundred million yuan. The round was led by Hua Ying Capital, with participation from Kailian Capital, ...

Siemens Healthineers and Alibaba DAMO Academy signed a strategic cooperation agreement at the ninth China International Import Expo in Shanghai. The partners will combine Siemens Healthineers’ ...

Fourier Intelligence has spent more than a decade in robotics without becoming a household name outside the industry. Founded in Shanghai in 2015, it started with rehabilitation machines, moved into ...

Video generation startup Sand.ai has completed a $200 million Series A+ financing round. The round was jointly led by Keystone Capital and Wangsu Science & Technology. Participants included Shidai ...

Compute-in-memory AI chip company Houmo Intelligent has completed a Series B financing of tens of billions of yuan, according to multiple reports citing informed sources. Investors included upstream ...

TMTPOST — Shanghai Zhudong Technology has completed an Angel+ financing of 464 million yuan. The round was jointly led by Gaorong Capital, SDIC Pioneer and Shanghai Science & Technology Venture ...

Kuaishou has closed a large capital injection into its AI video unit Kling at a post-money valuation above the parent’s Hong Kong market value. Tencent, Alibaba Cloud, and Baidu all took small stakes.

China’s large internet groups spent the first phase of the generative-AI boom adding chat boxes and side features to products they already owned. They are spend ...

TMTPOST — Changzhou Boyi Technology Group has completed B1 and B2 financing rounds totaling nearly 100 million yuan. The B1 round was exclusively invested by Huada Songhe. The B2 round was led by ...