Deep Tech

Heavier spending has wiped the tech giant’s profit and pushed cash flow negative, even as AI demand continues to outstrip supply.

Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.

Named by the UK government as partner, the Shenzhen-based manufacturer hopes to replicate its success in Europe.

The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.

Volcano Engine’s market share grew in 2025, even as more competitors entered the market.

The yard robotics company is leaning on product and channel differentiation to stand apart.

With restructuring complete and industrial investors joining its cap table, StepFun is moving closer to a public market debut.

Tencent has denied reports of an investment in Plaud, but the prospects behind such a move are compelling.