News

The continued price war in China drags the automaker’s margin into single digits.

The video model has become a key growth driver for ByteDance’s AI business.

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.