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CATL has signed a 2 GWh agreement with Solarpro, a leading renewable energy company in Central and Eastern Europe, to deploy its Tener Sodium energy storage system. The two companies plan to jointly develop the first large-scale sodium-ion battery energy storage project in the region later this year. The project will use CATL’s Tener Sodium []
Moonshot AI, the developer of the Kimi chatbot, reportedly plans to begin talks in August for a final pre-IPO funding round targeting a pre-money valuation of up to 50 billion. The company could pursue a Hong Kong listing within six months. The round would follow current financing expected to value Moonshot at about 31.5 billion []
According to Israeli financial outlet Calcalist, Playtika is in talks with Tencent over a potential sale of its mobile game studio SuperPlay, with the deal reportedly valued between 1 billion and 1.5 billion. Playtika acquired SuperPlay in 2024 for 690 million in cash, along with an earn-out agreement worth up to 1.25 billion tied to []
BrainCo, a Hangzhou brain-computer interface developer, demonstrated a brain-controlled robot platform at WAIC 2026. The system uses an EEG headset to translate a user’s neural signals into commands for machines. The company says the platform can connect to humanoid robots, robotic arms and robot dogs. It is designed to translate imagined actions into physical operations []
Moore Threads, a Chinese GPU developer, demonstrated its MTT C256 system at WAIC 2026, linking 256 GPUs into a single data-center-scale computing unit. The system uses a one-layer Scale-up network for all-to-all communication across the 256 cards and is housed in two standard racks. Moore Threads says the network achieves sub-microsecond latency. The company also []
Alibaba’s Qwen team has previewed Qwen3.8, a forthcoming model with 2.4 trillion parameters, and said its weights will be released soon. A preview version, Qwen3.8-Max-Preview, is already available through Alibaba’s Token Plan, Qoder and QoderWork. Alibaba has not yet provided detailed information on the model’s architecture, training data, benchmark results or release schedule. [IT Home, []
XPENG has published TuringViT, a vision encoder for vision-language and vision-language-action models used in smart driving, smart cockpit systems and its IRON humanoid robot program. XPENG offers TuringViT-18L and TuringViT-24L. At 1536×1536 resolution, the company says TuringViT-18L reached 3.04 times the throughput of Seed1.5-ViT and 2.16 times that of SigLIP2-ViT-L. XPENG says the model was []
Z.ai, the developer of the GLM family of AI models, has completed construction of a 1GW-class AI data center using only Chinese-made AI chips, with part of the facility already operating. The site is intended to support training and development of the company’s frontier models. Z.ai also operates several computing clusters containing more than 10,000 []
When Spain lifted the FIFA World Cup trophy on Monday, the 2026 tournament came to an end, and so did Xiaohongshu’s first full-scale World Cup broadcasting effort. Over 39 days and 104 matches, the platform’s coverage marked not only its debut in premium sports rights but also a major test of its ambitions in long-form []
According to foreign media reports, the European Commission has imposed a 550 million (630 million) fine on AliExpress, the cross-border e-commerce platform owned by Chinese e-commerce giant Alibaba. The penalty marks the largest enforcement action since the Digital Services Act (DSA) came into force in 2022, targeting the platform’s long-standing failures to curb counterfeit, unsafe, []
