Alibaba Alum’s AI Startup Wins Elite Funding
鈦動科技 has completed a new funding round, according to the report. The company is presented as an AI venture focused on international expansion, with backing from prominent global investors.
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Ant Group Profit Stalls as AI Spending Rises
Ant Group’s quarterly profit barely grew after the company increased spending on artificial intelligence. The investments target healthcare, large language models, and payment services, while expansion costs also pressured results.
AiMOGA Robotics Starts IPO Preparations
Chery’s AiMOGA Robotics has begun preparing for a potential standalone IPO and is discussing possible listing venues. The company has not selected an exchange or announced a timetable, but says the listing could fund technology investment and overseas expansion.
EU Shifts Big Tech Regulation Toward Compliance
The European Commission appears to be moving away from imposing exceptionally large fines on major technology companies and toward compliance-focused dialogue. Critics warn that this softer approach could allow dominant platforms to further entrench their market power.
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Non-Auto Robotics Orders Reach 55% in North America
The Association for Advancing Automation says non-automotive industries accounted for 54.8% of North American robot orders in the first half of 2026. The shift is being driven by applications in semiconductors, life sciences, pharmaceuticals, food, and consumer products, while AI, collaborative robots, and mobile robots expand the market.
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Chinese AI Agents Close the Silicon Valley Gap
New releases from Chinese competitors are narrowing the gap with Silicon Valley’s AI products, including ChatGPT and Gemini. Lower pricing is helping these services gain market share, alongside offerings such as DeepSeek and Kimi agents.
Calendly Enters the AI Meeting Assistant Race
Calendly is expanding beyond scheduling by entering the crowded meeting note-taking market. It is also releasing Callie, a meeting scheduling assistant.
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Loudoun’s Data Center Model Cuts Taxes
Loudoun County, Virginia, has used more than 250 data centers to generate substantial local wealth and reduce property taxes. Its success is attracting attention from other jurisdictions despite growing national opposition to data center expansion.
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China Pushes Tech Giants Toward Home Capital
Blockbuster debuts by two technology companies show Beijing encouraging its tech champions to raise money from domestic investors. The strategy aims to finance China’s artificial intelligence ambitions while reducing dependence on Wall Street.
Kingsoft Cloud Revenue Hits Record High
Kingsoft Cloud reported second-quarter FY2026 revenue of 3.072 billion yuan, up 30.8% year over year and above market expectations. AI-related customers drove growth, while the company recorded its first GAAP operating profit and continued investing heavily in AI computing capacity.