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Shenzhen Robot Maker Astribot Raises About RMB 1bn at a RMB 15bn Valuation, Its Fourth Round in About Six Months
Shenzhen robot maker Astribot says it raised about RMB 1bn at a RMB 15bn valuation, led by Toukong Donghai, three months after a B round of over RMB 1bn.
Tesla Pauses Model 3 Premium Orders in Canada, Saying It Has Used Up Its Import Quota for China-Built Cars
Tesla has paused Model 3 Premium orders in Canada, saying its China-built EV import quota is used up. Electrek says Canada's tracker shows 67% unused.
Chinese Firms Bought 1mn+ Nvidia Gaming and Workstation Chips, FT Says
Chinese tech firms bought over 1mn Nvidia gaming and workstation chips this year, the FT reported, citing industry insiders. Nvidia has not confirmed it.
Baidu’s Apollo Go Will Give Tung Chung Residents Free Self-Driving Car Rides
Baidu's Apollo Go will give Tung Chung residents free self-driving rides from 21 Oct to 3 Nov, a Transport Department paper shows.
DeepSeek Has Reportedly Raised About 100 Billion Yuan ($15bn), Double Its Plan
DeepSeek has raised about 100 billion yuan ($15bn), Bloomberg reports; Reuters says the round is wrapping up. DeepSeek has not commented.
Chip Stocks Slide: SK Hynix Falls 10% or More and Samsung 7.4% After China’s CXMT Claims a Denser DRAM
SK Hynix fell 10% or more and Samsung 7.4% on 13 Oct, CNBC and the Guardian report, after China's CXMT said it would ship a denser DRAM by year-end.
UK High Court Rules Chinese Law Governs Victims’ Claims to More Than 61,000 Seized Bitcoin
A High Court judge ruled Chinese law, not English law, governs fraud victims' claims to over 61,000 seized bitcoin. Who keeps the coins is not yet decided.
Anthropic Says New Defences Cut the Data “Distillers” Harvest From Claude by Around 90 to 99 Percent
Anthropic says new defences cut the data harvested by distillers copying Claude by around 90 to 99 percent, citing early evidence. Here is how they work.
Z.ai Launches GLM-Legal, an Agentic Legal Model Built on GLM-5.3-Flash
Z.ai unveils GLM-Legal, an agentic legal model built on GLM-5.3-Flash. It claims a 19.2% all-pass rate on Harvey LAB, up 12.5 points on its base model.
Smart’s All-Electric Two-Seater #2 Debuts in Paris With a 35.8 kWh Battery and a 290 km Range Target
Smart's all-electric two-seater #2 debuts in Paris with a 35.8 kWh LFP battery and a 290 km WLTP target. Specs are preliminary, pending homologation.
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