It plans to use the proceeds to fund R&D, expand overseas, and broaden its AI and 3D vision product portfolio.

The deployment targets low latency and high uplink speeds for more than 2,000 robots competing in Beijing.

Live streaming revenue returned to growth as Douyu expanded new revenue streams and brought back its carnival event.

Toyota faces pressure from cheaper models as fuel prices rise.

After cars and TVs, Chinese brands are targeting the region’s affluent consumers with jewelry, watches, and wine.

Faster cloud growth is being accompanied by mounting pressure on earnings and cash flow from AI infrastructure spending.

The company’s handset business lost ground globally and in China, while its newer businesses grew to nearly a quarter of group revenue.

Overseas growth and a shift toward higher-priced vehicles helped offset weaker domestic sales.