More Chinese EV brands will enter the global market in the future, notwithstanding the current tariff turmoil, CEO He Xiaopeng says.
The short video firm has launched Kling AI 2.0, saying the service now has more than 22 million users globally.
The Beijing-based start-up, which is sanctioned by the US, has submitted pre-IPO documents on the mainland with plans to file for an IPO by October.
The US$500 billion figure refers to the combined value of all the goods Nvidia anticipates selling in to the supply chain for AI.
Narwal, known for its robot vacuums and mops, will use the funding to develop an AI-powered household product.
Meta is accused by Federal Trade Commission of abusing its market power to acquire Instagram, WhatsApp before they could become competitors.
The move highlights the disruption caused by the new US tariffs to Apple’s supply chain.
The Nio collaboration reflects the progress Alibaba has made in commercialising AI technologies in the car industry.
As the trade war escalates, Chinese chip merchants have reportedly stopped providing price quotes.
Quark’s rapid ascent comes as Alibaba has transformed the app from a cloud storage and search service into an ‘AI super assistant’.
