China's YMTC Builds Third NAND Fab Despite US Restrictions

The main NAND flash memory chip producer of China is moving forward with its planned expansion in spite of being blocked from American technology and markets because of security concerns. According to the sources who are close to the issue and are talking to Nikkei Asia, Yangtze Memory Technologies...

Chinese Autonomous Driving Firm Pony AI Set to Raise HK$6.7 Billion in Hong Kong IPO

Pony AI Inc. is preparing to raise approximately HK$6.7 billion (around $862 million) through its Hong Kong listing after telling investors, the Chinese company is planning to offer shares at HK$139 each, according to Bloomberg. The company intends to sell 42 million shares, with an option to ...

DeepRoute.ai to Launch Robotaxi Operations Using Consumer-Grade Production Vehicles by End of 2025

DeepRoute.ai, a pioneer in autonomous driving technology, announced plans to launch robotaxi operations using consumer-grade production vehicles by the end of 2025. The initiative marks a key step toward commercializing autonomous driving technology, leveraging DeepRoute.ai's production vehicle plat...

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Mukesh Ambani, Chairman Of Reliance Industries, Announces 110 B$ AI Investment At India AI Impact Summit

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