In Q1 2026, Cheetah Mobile reported total revenues of RMB259 million, with robotics and related segments growing 175.9% year-over-year to RMB51.2 million, now 19.8% of total revenue. The company narrowed its net loss to RMB17.5 million from RMB33.4 million a year earlier, driven by strong growth in AI infrastructure and robotics despite declines in online advertising. With a solid cash position of RMB1.28 billion, Cheetah Mobile is focusing on AI and robotics investments, aiming for long-term growth through practical AI applications and enterprise productivity solutions.
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
