Unitree shares slumped 45% from their debut peak in late August, dropping by $30 billion after soaring to an early $66 billion valuation on the Shanghai STAR Market, according to Reuters. The steep post-listing selloff for China’s best-known humanoid robot maker has triggered widespread regulatory and investor anxiety over retail losses, retail trading frenzies, and … Read more
Chinese artificial intelligence startup DeepSeek formally released its official V4 Pro model to regain ground against fast-moving domestic rivals as it expands hiring, computing capacity, and fundraising efforts, according to Reuters and The Economic Times. The new software, designated V4-Pro-0813, greatly enhances agent capabilities and is available through API, app, and web channels, the companies … Read more
Typhoon Dolphin is tracking toward China’s eastern coast with sustained winds reaching 162 kilometers per hour (101 mph), prompting authorities to initiate emergency flood and landslide responses across Zhejiang, Jiangsu, Anhui, and Fujian provinces. According to China’s National Meteorological Centre, the storm is expected to make landfall between Sunday evening and Monday, bringing up to … Read more