China’s generative artificial intelligence user base surpassed 700 million at the end of June, accounting for more than half of the population as wide AI adoption pushes the technology’s penetration rate to a record high in the country. The user base data, released Tuesday by the China Internet Network Information Centre, represents an increase of 16 per cent from the end of 2025, when China had 602 million generative AI users with a penetration rate of 42.8 per cent. Question-and-answer...
Read full articleThese headphones will likely sound different, thanks to a new tuning partner.
Artificial intelligence is moving deeper into asset management, but not only through chatbots, research summaries or back-office automation. The bigger question is whether AI can help investment firms do what has become increasingly difficult in public markets: find differentiated returns at scale. Blue Fire AI, a technology company focused on AI-driven investment management, is making […] The post Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership appeared first on e27.
Samsung Electro-Mechanics is making its largest single-product investment to date, committing US$4.9 billion to expand production of chip-packaging substrates in South Korea and Vietnam as the artificial intelligence boom reshapes demand across the semiconductor supply chain. In two filings with the Korea Exchange dated September 28, the Samsung Electronics affiliate said it will spend about […] The post Vietnam gains from Samsung Electro-Mechanics’s US$4.9B AI substrate expansion plan appeared first on e27.
For companies selling, hiring or operating across multiple countries, the promise of going global often runs into a very old problem: banking still behaves as if borders are hard walls. Opening local accounts can require entities, paperwork and long waits. Payments move through correspondent banks. Foreign exchange fees are not always clear. Finance teams end […] The post 1982 Ventures joins Limited’s US$18.5M seed round to simplify cross-border business banking appeared first on e27.
For much of the past decade, autonomous driving has been a story of bold promises followed by hard resets. Robotaxis were meant to flood cities by now. Instead, the industry has learned that driving without a human behind the wheel is not one problem, but thousands of edge cases stitched together: pedestrians who cross unpredictably, […] The post Autonomous A2Z bets on driverless shuttles as self-driving technology gets practical appeared first on e27.
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday. Li, a Stanford University professor...
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday. Li, a Stanford University professor...
The renewed agreement will take effect on 1 April 2027.
Shares of Shein Global Holdings fell as much as 14 per cent to a record low in Hong Kong on Tuesday after the online fashion retailer posted a 67 per cent drop in second-quarter profit in its first earnings report since listing, warning that tariff headwinds and logistics cost volatility would persist for the rest of the year. The stock sank to as low as HK$30.24 during the day and closed 10.7 per cent down at HK$31.50. Both the intraday and closing prices hit their lowest levels since the...
This week at Meta Connect, Mark Zuckerberg held up something that looked like a toy. The Muse Charm is a keychain-sized gadget with a little animated avatar on its screen. You press it, talk to it, and your Muse agent gets to work. Meta says it will ship by December. The Muse agent behind it […] The post Zuckerberg’s Muse Charm doesn’t care about your ad budget appeared first on e27.
Bitcoin is down 1.05 per cent to US$83,491.07 in 24 hours. The total crypto market has fallen 1.49 per cent to US$2.86 trillion. My view is that this decline is not one single story. It is a two-part selloff in which a major security breach and a broader macroeconomic risk-off shift have collided. The Bitget […] The post Can Bitcoin hold US$82,000? Inside the security fear and macro storm appeared first on e27.
When foreign technology companies first speak to me about Singapore, the conversation usually starts with one of three things: customers, talent or tax. Government funding often comes much later. That surprises me because Singapore has a sizeable ecosystem of grants, tax incentives and investment support available to companies building substantive operations here. But there is […] The post What I have learned watching foreign tech companies build in Singapore appeared first on e27.