Anysphere, maker of the AI coding assistant Cursor, has raised USD 900 million at a USD 9.9 billion valuation. Thrive Capital led the round, joined by a16z, Accel, DST Global, and others. The company ...

Danyang, China’s top eyewear manufacturing hub, is countering US tariffs with tech innovation and export shifts to RCEP markets. The city, which reportedly produces half the world’s optical lenses, ...

SMIC has sold its 14.83% stake in Ningbo Semiconductor International (NSI) to Goke Microelectronics, which aims to raise its shareholding to 94.37%. The move supports SMIC’s core business focus and ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

TikTok has blocked search results for #SkinnyTok after pressure from European regulators, citing links to harmful weight loss content. The move follows an EU investigation launched in April amid ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

BYD said overseas sales hit 89,000 in May, a new high, at its latest annual meeting. Chairman Wang Chuanfu pledged a multiyear rollout of assisted driving features focused on safety and admitted EVs ...

Meituan launched its first permanent drone route in Hong Kong on June 6, flying across Tolo Harbour from Science Park to Ma On Shan. Approved under the city’s low-altitude sandbox, the five-minute ...

ByteDance has launched SeedEdit 3.0, a high-resolution image editing model built on Seedream 3.0. Designed to better follow prompts while preserving unedited regions, the tool is said to excel in ...

China Eastern Airlines and Cainiao have launched what they call the world’s first smart hangar system, using AI to detect aircraft damage and predict faults. Now active at two Shanghai sites, the ...

BYD’s discount promotion means its lowest-priced model, the Seagull with assisted driving features, starts at RMB 55,800 (USD ...

With a Kickstarter hit in UV printing and new boundary-free robotic mowers, Anker’s sub-brands are reentering markets where ...