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Anthropic expects its annualized revenue run rate to climb from USD 9 billion in 2025 to more than USD 20 billion in 2026, driven by rising enterprise…

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Anthropic expects its annualized revenue run rate to climb from USD 9 billion in 2025 to more than USD 20 billion in 2026, driven by rising enterprise adoption of its Claude <a href="/industry/ai">AI</a> tools. The company, now approaching USD 7 billion in revenue, was recently valued at USD 183 billion after a USD 13 billion funding round.

<a href="/company/byd">BYD</a> will recall more than 115,000 Tang and Yuan Pro vehicles produced between 2015–2022 over design and battery safety defects, China’s market regulator said. The automaker’s largest recall to date follows earlier actions involving the Bao 5, Dolphin, and Yuan Plus models amid heightened scrutiny of <a href="/industry/ev">EV</a> manufacturing quality.

Workers at Nexperia’s Dongguan plant are anxious amid a political standoff between the Dutch government and Chinese owner Wingtech. The Netherlands’ seizure of the semiconductor maker and removal of its Chinese CEO prompted Beijing to impose export curbs on Nexperia’s mainland operations, deepening uncertainty at the key production site.

<a href="/company/meituan">Meituan</a> will enter Brazil on October 30 under its international brand Keeta, marking its first expansion into the Americas. The Chinese delivery giant reportedly plans to invest about USD 1 billion over five years, starting in the coastal cities of Santos and Sao Vicente as pilot markets to challenge local leader iFood.

Singapore’s sovereign wealth fund GIC has sued Chinese <a href="/industry/ev">EV</a> maker <a href="/company/nio">Nio</a> in New York, accusing the company of inflating revenue through its battery subscription business. The rare lawsuit has heightened scrutiny of Nio’s accounting and governance as it battles intense competition and financial headwinds in China’s EV market.

Cambricon and <a href="/company/sensetime">SenseTime</a> have partnered to advance China’s <a href="/industry/ai">AI</a> self-reliance under the national “AI Plus” initiative. The alliance merges Cambricon’s chip design capabilities with SenseTime’s foundational models to develop integrated AI computing solutions and industry-focused enterprise services.

<a href="/company/honor">Honor</a> is developing a smartphone with a camera that folds out using a robotic arm, marking its latest move to merge <a href="/industry/ai">AI</a> with hardware design. The Chinese company plans to reveal more details at the Mobile World Congress in Barcelona next year as part of its USD 10 billion drive to expand AI integration across its devices.

<a href="/company/ant-group">Ant Group</a> has open-sourced dInfer, an inference framework for diffusion-based language models said to run up to ten times faster than <a href="/company/nvidia">Nvidia’s</a> Fast-dLLM and <a href="/company/alibaba">Alibaba’s</a> vLLM model. The framework seeks to boost <a href="/industry/ai">AI</a> efficiency and cut computational costs as China accelerates software innovation to offset limits in advanced chip access.

Autonomous driving firms <a href="https://kr-asia.com/pulse/pony-ai-targets-10000-robotaxis-by-2027">Pony.ai</a> and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong. The Guangzhou-based companies, already listed in the US, plan to issue about 102 million shares each to fund global expansion, joining a growing wave of Chinese firms pursuing dual listings in the city.

Singapore will establish an agency to block harmful online content and enforce takedowns on platforms such as <a href="/company/tiktok">TikTok</a> and Facebook. Initially addressing harassment and image-based abuse, the agency will later expand to impersonation and data leaks under a new bill aimed at strengthening online safety protections.

Shanghai-listed Hymson has acquired German laser equipment maker Xteg, reinforcing its presence in Europe’s laser cutting market. The acquisition combines Hymson’s R&amp;D and manufacturing capabilities with Xteg’s localized sales and service network. Their first joint product lineup will debut at the Blechexpo in Stuttgart on October 21.

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The 45th edition of GITEX Global and its sister event, Expand North Star, drew tens of thousands of participants to Dubai.

GITEX Global 2025 wraps in Dubai with strong turnout and new editions on the horizon

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T. K. Lin

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Where do style and commerce meet? Examine supply chains, sustainable sourcing, and digital trends influencing global fashion markets.

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Outdoor apparel risks following workwear’s path: from utility to fashion to commodification.

In China, the outdoor boom is starting to look more like a fashion cycle than a lifestyle shift

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Anthropic projects sharp 2026 growth

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GITEX Global 2025 wraps in Dubai with strong turnout and new editions on the horizon

Deals in brief: Tim Draper invests in Ryder, Verta raises seed funding, Xendit acquires Payex, and more

In China, the outdoor boom is starting to look more like a fashion cycle than a lifestyle shift