Geely says it will stop building factories and start borrowing everyone else’s instead

Li Shufu, the billionaire chairman of Geely Holding Group and the man who bought Volvo Cars from Ford for $1.8 billion in 2010, has arrived at a conclusion that many of his peers in the global automot [...]

What the OpenClaw moment means for enterprises: 5 big takeaways

The "OpenClaw moment" represents the first time autonomous AI agents have successfully "escaped the lab" and moved into the hands of the general workforce. Originally developed by [...]

More than 100 Baidu robotaxis froze mid-traffic in Wuhan. The age of the mass fleet failure has arrived.

On Tuesday evening in Wuhan, more than 100 of Baidu’s Apollo Go robotaxis stopped moving. They did not pull over. They did not activate an emergency protocol. They simply froze, scattered across the [...]

The European Union has put €700 million into NanoIC

The European Union has formally inaugurated NanoIC, a semiconductor pilot line backed by a €700 million investment under the European Chips Act. The facility aims to accelerate the development of ad [...]

Volvo’s parent Geely is selling a $15,000 electric SUV with massaging seats and 600 km of range

In short: Geely, which owns Volvo, Polestar, Lotus, and Zeekr, has launched the EX5, a battery-electric SUV starting at 109,800 yuan (~$15,300) with massaging seats, a 1,000-watt sound system, and up [...]

MyFitnessPal acquires Cal AI, the viral calorie-tracking app built by teens

MyFitnessPal Inc., the long-established digital nutrition tracking platform, has acquired Cal AI, an AI-driven calorie estimation app that amassed tens of millions of installs and substantial revenue [...]

The EU’s strategic rebalancing of research partnerships with China

In 2026, one of Europe’s most ambitious scientific ventures, Horizon Europe, a seven-year, roughly €93 billion framework dedicated to research and innovation, underwent a quiet but significant tra [...]

Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over [...]

Xiaomi's new open source, agentic AI coding harness MiMo Code beats Claude Code at ultra-long, 200+ step tasks

Xiaomi's MiMo AI team has open-sourced MiMo Code V0.1.0, a terminal-native AI coding assistant that the Chinese electronics giant says outperforms Anthropic's Claude Code on key agentic codi [...]