Neta Auto is accused of inflating sales by over 60,000 units, and its parent company has entered bankruptcy reorganization proceedings.

Liangjujia, a home decoration brand chain in South China, has ceased operations. Founder Zeng Yuzhou died after falling from a height, possibly due to a broken capital chain.

Microsoft has stopped using Chinese engineers to provide technical support to the U.S. Department of Defense, addressing security concerns.

Moonshot AI has released Kimi K2, topping the global open-source model charts with excellent coding and mathematical performance.

Nvidia's H20 chip inventory is limited, with no plans to restart production. Jensen Huang plans to sell $856 million worth of stock.

Elon Musk's xAI is developing a child-friendly application called Baby Grok, following criticism of Grok 4's release.

Competition in the U.S. AI sector is fierce, with companies like Meta actively investing. Researchers are warning about the potential risks of AI.

Meta has established Meta Superintelligence Labs, headhunting AI talent with high salaries, causing industry tension.

Toyota's battery subsidiary, PPES, will produce onboard batteries for pure electric vehicles in China in 2025.

Toyota is deepening its partnership with Joby Aviation, investing $500 million to support the commercialization of flying taxis.

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