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Pandaily - Everything about China's Innovation

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Haomo.AI, an autonomous driving company based in Huzhou, Zhejiang Province, has recently secured RMB300 million in its Series B2 funding round.

According to the purchased materials, it is speculated that the upcoming Huawei Mate 70 series will feature a new main camera sensor OV50K, and the Pura 80 series will feature OV50X.

Xiaomi CEO Lei Jun called out to netizens: "If you are really in a hurry to buy a car, domestic NEVs are all good choices, such as LUXEED S7, NIO ET5, XPeng P7 series, etc. Everyone can also consider purchasing them!"

In a bid to bolster its market position and appeal to consumers, Tesla has recently rolled out substantial price adjustments for its vehicle lineup in both China and the United States.

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In February, Moonshot AI successfully raised a new round of $1 billion, with Alibaba leading the investment and participation from institutions such as Sequoia China.

After Meta launched Llama 3, Baidu AI Cloud Qianfan Large Model Platform announced the first launch of training and inference solutions for all versions of Llama3 in China.

ZOLOZ, known for its expertise in biometric technology, has proven its capabilities in large-scale applications such as the Alipay App.

In an internal speech, Baidu CEO Robin Li expressed his views on the industry's hot topics such as the choice between open source and closed source for LMs, and whether AI entrepreneurs should focus on models or applications.

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Behind Li Auto's price reductions lies an intensifying competition in Chinese EV market, which began since the beginning of 2024, following BYD's price reduction.

The founder of Freshippo Hou Yi and former CEO of Alibaba Daniel Zhang's joint purchase of Freshippo for $2 billion is fake news.

Ericsson confirmed layoffs in China, stating that the layoffs are aimed at aligning with the company's efforts to diversify its R&D footprint in order to better support its global sales.

To address greenhouse gas emissions related to customer device usage, Apple has pledged that by 2030, it will offset all electricity used for charging through large-scale investments in new renewable energy projects worldwide.

On April 17th, XPeng Motors and Volkswagen Group officially signed the EEA Strategic Cooperation Framework Agreement. The official referred to it as a new milestone in the strategic cooperation between the two parties.

JAC stated that the cooperation with NIO will continue to deepen, with a shift in focus from traditional OEM business to other strategic areas such as jointly building battery swapping service networks.

At the Fang Cheng Bao brand spring launch event held on April 16, the Fang Cheng Bao Bao 8 production version was officially released and will be launched in the second half of this year.

At the Xiaomi SU7 launch conference, Lei Jun had stated that the first car would be sold at a loss, an important reason being the ongoing price war putting pressure on pricing.

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