Trump team plans to cancel Biden’s electric vehicle policy
The Trump team plans to end Biden's $7,500 electric vehicle tax credit.
China's Pony.ai plans to increase robotaxi fleet to 1,000 by 2025
Currently, the Pony.ai fleet averages 15 trips per vehicle per day, totaling more than 26,000 trips per week.
TSMC plans to increase its AI-driven foundry market share to 66% in 2025
TSMC’s position in the Foundry 2.0 market is expected to strengthen in 2024 and 2025
Parkway Shanghai announces new brand positioning and expansion plans
Press photos from IHH Healthcare The group plans to open a mobile care center next year. Parkway Shanghai, the operating entity of IHH Healthcare in mainland China, has launched the brand positioning
Trump plans to repeal Biden's artificial intelligence safety order
Trump plans to rescind Biden's executive order on the safe use of artificial intelligence by federal agencies.
Nvidia denies plans to cut supplies to China
Nvidia emphasized the importance of its China market strategy in its recent statement.
Huawei's electric vehicle partner Seres reportedly plans to list in Hong Kong for US$1 billion
Shares of Seres, currently listed in Shanghai, have risen 80% this year.
SenseTime plans to raise US$360 million through rights issue
This financing plan is designed to support SenseTime’s transformation into genAI.
OpenAI plans to change artificial intelligence pricing for business customers
OpenAI's current AI tool subscriptions start at $20 per month, with more advanced models priced at $200.
Flipkart plans IPO, moves headquarters to India
The Walmart-owned company aims to complete the process by the end of 2024 or early 2025.
Trading platform eToro plans US IPO
An initial public offering could take place as early as the second quarter, but a timetable has not yet been determined.
Indian jewelry startup Bluestone plans $118 million IPO
The IPO will include the sale of 15% of the shares through a tender offer.
Hong Kong hedge fund announces return rate of 53%, plans to expand
The gains were fueled by investments in semiconductors and U.S. data centers and gains in Chinese stocks.
Musk’s xAI raises $6 billion, plans supercomputer for artificial intelligence tools
Part of xAI's funding will be used to develop a supercomputer facility in Memphis.
Swiggy Instamart plans to open 1,046 dark stores by 2025
This is an increase from the current number of approximately 600 people.
Australia plans huge tech fines for anti-competitive behavior
The proposed fines could be up to $33 million.
Meta reportedly plans to invest $10 billion in global submarine cable project
According to reports, the planned route will connect the east coast to India via South Africa and return to the west coast via Australia.