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The financing is being viewed as a pre-IPO round, with Kling’s pre-money valuation equal to about two-thirds of Kuaishou’s market value.

The company is moving beyond traditional robots into higher-value systems designed for smart manufacturing.

Here’s a roundup of key developments across the Middle East for the week of May 24–30.

Cockpit-driving integrated products sit at the center of the company’s pitch.

Operator EMT envisions a price similar to that of gasoline-powered kei cars.

The company has hired advisors and signed a guidance agreement, but said any RMB share issuance remains preliminary.

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

The Chinese company said its new chipmaking approach could help it match TSMC and Intel by 2031.