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AMD Agrees to Acquire Fei-Fei Li’s World Labs for $8.2 Billion

AMD has reached a definitive agreement to acquire World Labs, an AI research lab co-founded by Fei-Fei Li, in a deal valued at approximately $8.2 billion. World Labs develops spatial intelligence models that create, reconstruct, and simulate interactive 3D environments. The deal...

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ByteDance is negotiating to sell Moonton for over $6 billion.

Reuters reports that ByteDance is in advanced talks with Saudi Arabia's Savvy Games Group regarding the sale of its gaming subsidiary, Moonton Technology, for a deal valued between $6 billion and...

Gmail for Android now supports creating “labels” for emails.

Gmail for Android has added a small feature that users have been asking for for a long time: the ability to create labels to categorize emails. Previously, this had to be done...

Xiaomi has denied plans to bring the SU7 to the US market.

Xiaomi founder and CEO Lei Jun stated that the company currently has no plans to enter the US automotive market, following photos of a Xiaomi SU7 Max being driven on I-5...

BCN predicts that Chinese TV brands will hold a 60% share of the Japanese market.

Nikkei reports that Chinese television brands are projected to hold approximately 60% of the Japanese television market. Data from BCN Research shows that by 2025, REGZA will dominate in terms of market...

StepFun AI has raised over $718 million USD in its B+ funding round.

StepFun, a large-scale AI startup from Shanghai, has successfully raised over 5 billion yuan ($718 million) in its B+ funding round, setting a new record for the largest single funding round...

Vivo Chinese smartphone manufacturer halts AI glasses project

Vivo has halted its AI glasses project after concluding it would be difficult to differentiate the product in a highly competitive and rapidly changing market. According to sources familiar with the matter,...