BYD Outperforms Tesla with Strong Sales Growth in 2024
Prime Highlights: BYD’s revenue for 2024 increased by 29%, reaching 777 billion yuan ($107 billion),
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Ant Group Leverages Chinese and U.S. Chips to Enhance AI Efficiency and Lower Costs
Prime Highlights: The company is using a combination of Chinese and U.S.-made semiconductors to enhance
Perplexity AI in Talks to Secure Up to $1 Billion in Funding
Prime Highlights: Perplexity AI is negotiating to raise between $500 million and $1 billion, potentially
SoftBank to Acquire Ampere Computing in $6.5 Billion All-Cash Deal
Prime Highlights: SoftBank Group to acquire Ampere Computing in a $6.5 billion all-cash deal, expected
Cadillac Targets 30% to 35% EV Sales in 2025 Amid Expanding Electric Lineup
Prime Highlights: Cadillac aims for 30% to 35% of its U.S. sales to come from
Cambium Revolutionizes Wood Recycling with Global Tech Platform
Prime Highlights: 36 million trees are lost every year due to decay, disease, natural disasters,
China’s Retail Sales and Industrial Output Show Positive Start to 2025
Prime Highlights: Retail sales in China increased by 4.0% in January-February 2025, up from 3.7%
February Inflation Eases to 2.8%
Prime Highlights: The U.S. annual inflation rate dropped to 2.8% in February, lower than the
Oppo Partners with Google to Enhance AI Privacy and Security in New Cloud Computing Initiative
Prime Highlights: Oppo collaborates with Google to enhance user privacy using Google’s Confidential Computing software,
Mainland Chinese Investors Set Record with $3.81 Billion Purchase of Hong Kong Stocks Amid AI Surge
Prime Highlights: Mainland Chinese investors set a new record with net purchases of Hong Kong
