Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-2027 and aims for 40% localization by 2028. This move supports Chery's regional hub ambitions and job creation of nearly 3,000 roles in the supply chain. Additionally, Chery launched its new LEPAS brand in South Africa, expanding its market presence with the upcoming LEPAS L6 model.
Claims that Sui's public mainnet reached over 6 million transactions per second (TPS) are misleading. Verified data shows Sui's real-world TPS averages in the low hundreds, with peaks around 900 to 1,000 TPS. The 6 million TPS figure is linked to Sol...
Aave's new lending market on the Monad blockchain surpassed $100 million in deposits within 48 hours of launching on July 2, 2026. Monad is a high-speed, EVM-compatible Layer 1 chain known for its fast transaction speeds, making it attractive for DeF...
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
China's Alibaba will prohibit its employees from using Anthropic's AI programming tool, Claude Code, beginning July 10. This follows Anthropic's own restrictions banning Chinese companies and their foreign affiliates from accessing its models. Alibab...
Zcash is preparing for the Ironwood network upgrade set to launch on July 21, 2026, which will allow node operators to verify the coin's circulating supply directly. This upgrade addresses a critical privacy flaw discovered in the Orchard shielded po...
