China’s leading search engine Baidu, a fervent AI innovation investor, is poised to introduce AI-powered smart glasses, positioning itself as a rival to US Meta’s “Ray-Bans”, one of few successful pieces of AI-driven hardware. The glasses feature a built-in camera to capture photos and videos, as well as voice interaction capabilities based on Baidu’s foundational…

Shares of Xpeng Motors closed up 15.6% on Thursday after the Nasdaq-listed electric vehicle maker said it secured 31,528 firm reservations with non-refundable deposits of RMB 5,000 ($699.40) in just a few hours following the launch of the P7+ electric sedan in the Chinese market. The RMB 186,800 ($26,130) starting price of the P7+ is…

Today, the topic “Several Executives of NetEase Games Taken Away for Investigation” went viral on the Chinese social platform Weibo. NetEase issued an internal email this morning to respond to the recent scandal involving corruption among NetEase Games executives, stating that the company has thoroughly investigated and addressed two cases of corruption and fraud…Read More

The People’s Bank of China recently launched a “digital yuan visual hard wallet” at the 18th Shenzhen International Financial Expo. The 1mm-thick card resembles a conventional credit card but features a screen that displays dynamic QR codes, transaction details, and balances. The wallet is aimed at seniors…Read More