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<a href="/company/openai">OpenAI’s</a> video app Sora reached one million downloads in under five days after launch, surpassing ChatGPT’s early adoption rate, according to OpenAI executive Bill Peebles. The invite-only iOS app has topped Apple’s app store charts but now faces growing copyright complaints from the Motion Picture Association over <a href="/industry/ai">AI</a>-generated content.

Chinese tech giant <a href="/company/meituan">Meituan</a> is piloting Peppr, a point-of-sale and marketing suite for independent US restaurants. Built for local operations with features such as tipping and <a href="/industry/ai">AI</a>-powered marketing tools, the platform targets smaller eateries still using legacy systems. The pilot is underway in Los Angeles, Dallas, and Houston.

China has stepped up border inspections on semiconductor imports, expanding checks from <a href="/company/nvidia">Nvidia’s</a> China-specific <a href="/industry/ai">AI</a> chips to all advanced processors. The campaign, coordinated with the Cyberspace Administration of China, aims to curb smuggling, end reliance on US technology, and accelerate domestic chip production as Beijing seeks an edge in the AI race.

Deep Robotics has launched DR02, which it touts as the world’s first IP66-rated humanoid robot designed for industrial and outdoor use. DR02 can reportedly walk at 1.5 meters per second, lift ten kilograms per arm, and function in temperatures from -20 to 55 degrees Celsius. Its weatherproof build and modular design make it suited for security, inspection, and logistics work.

<a href="/company/ant-group">Ant Group</a> has launched Ling-1T, an open-source LLM with one trillion parameters that it says exceeds rivals from <a href="/company/deepseek">DeepSeek</a>, <a href="/company/alibaba">Alibaba</a>, and <a href="/company/openai">OpenAI</a> in maths, coding, and reasoning tasks. The release, Ant’s second trillion-parameter model in as many months, underscores China’s intensifying race to advance large-scale <a href="/industry/ai">AI</a> systems.

China’s market regulators have rolled out new measures to curb disorderly price competition, warning that below-cost bidding and price wars are hurting industrial development. The rules call for tighter cost reviews and stronger price enforcement as Beijing moves to address overcapacity and deflationary pressure across key sectors.

Singapore’s Land Transport Authority has awarded a contract to a consortium comprising MKX Technologies, Mogox, and <a href="/company/byd">BYD</a> to launch the country’s first Level 4 autonomous bus pilot. Set to begin in mid-2026, the three-year trial will deploy driverless public buses on routes in One-north and Marina Bay.

ChangXin Memory Technologies, China’s top DRAM chipmaker, China’s leading DRAM chipmaker, has cleared key regulatory hurdles as it moves toward a long-awaited mainland IPO, according to the CSRC. The step comes amid global memory chip shortages driven by <a href="/industry/ai">AI</a> demand and highlights Beijing’s push for semiconductor self-sufficiency.

<a href="/company/tiktok">TikTok</a> is reportedly piloting a UK shopping feature called “Trendy Beat,” which enables direct sales of products popularized by viral videos. The move marks a shift from third-party sellers to in-house sourcing and fulfillment, highlighting TikTok’s broader push to expand its social commerce presence and capture a larger share of the retail value chain.

<a href="/company/tsmc">TSMC</a> posted a 30% YoY revenue rise in the third quarter to TWD 989.92 billion, surpassing market forecasts as demand for <a href="/industry/ai">AI</a> chips from <a href="/company/nvidia">Nvidia</a> and Apple surged. The results place revenue within TSMC’s July guidance range and underscore how AI continues to offset slowing consumer electronics sales.

China has broadened its export controls on rare earths, imposing new licensing rules on technologies and extending restrictions to overseas firms using Chinese materials or know-how. Effective immediately, the measures tighten oversight of the semiconductor and <a href="/industry/ai">AI</a> sectors ahead of a planned US–China leaders’ summit, further straining trade relations over critical minerals.

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The pivot toward Indonesia and the Middle East comes as European demand cools.

China's offshore EV investments shift toward Asia amid signs of slowdown

China&#8217;s offshore EV investments shift toward Asia amid signs of slowdown

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DR02 is said to be the first humanoid robot to achieve IP66 certification for dust and water resistance.

Deep Robotics unveils DR02, the world’s first IP66-rated humanoid robot

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OpenAI’s Sora hits one million downloads

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China’s offshore EV investments shift toward Asia amid signs of slowdown

Deep Robotics unveils DR02, the world’s first IP66-rated humanoid robot

Deals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more