TechNode Weekly News | December 13

TechNode Weekly News | December 13

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Xiaomi’s first SUV expected to go on sale alongside new foldable phones by Jill SHEN
Xiaomi released the images of its first sports utility vehicle, the YU7, parked alongside a SU7 sedan on Monday, December 9, 2024.??Credit:?Xiaomi

Xiaomi is set to launch its first electric sports utility vehicle model next summer, aiming to rival Tesla’s best-selling Model Y and serve as another growth driver following the immediate success of its debut consumer car.

MediaTek beats Intel to supply modem chips for Apple Watch by Jessie Wu
Apple plans to add satellite connections and a blood-pressure monitor to its smartwatch for 2025.?Credit:?Apple

MediaTek will supply modem chips for Apple Watch models from next year, replacing Intel,?Bloomberg?reported on Wednesday. This marks MediaTek’s first entry into Apple’s major hardware product supply chain.

Baidu’s JV with Geely becomes the latest Chinese EV maker struggling with money problems by Jill SHEN
Jiyue 01 electric SUV, showcased in Shanghai on October 27, 2023, can drive up to 720 kilometers (447 miles) powered by a 400-volt charging system.?Credit:?Jiyue

Chinese electric vehicle startup Jiyue is laying off an unspecified number of employees to eliminate duplicate roles as part of a broader restructuring that “has been fully supported” by major shareholders, chief executive Joe Xia said in an email to staff sent on Wednesday.

Moonshot AI: $3 billion valuation overshadowed by legal dispute with 5 key investors by Shuang Jing
On May 18, Yang Zhilin, founder of Moonshot AI, discussed the computational aspects of the Scaling Law.??Credit:?Moonshot AI

Moonshot AI, a rapidly rising AI startup founded in 2023, has captured global attention with its advances in large language models and even more so with its meteoric valuation climb to $3 billion – yet its success is overshadowed by legal disputes.

TikTok’s clock continues to tick by Shuang Jing
TikTok

A US appeals court last Friday upheld the law challenged by TikTok, rejecting the platform’s argument that it was unconstitutional. This decision gives the court until Jan. 19 to determine whether TikTok will be banned if it fails to secure a US-based buyer. The?ruling?moves TikTok one step closer to a potential ban in the US. A TikTok spokesperson?stated, “the TikTok ban was conceived and driven by inaccurate, flawed, and hypothetical information, leading to outright censorship of the American people.”

Alibaba executive apologizes after controversial, “patronizing” speech to gaming arm Lingxi Interactive by Jessie Wu
Ashes of the Kingdom has achieved four million pre-registrations since its August launch in 2024.?Credit:?Lingxi Interactive

On Saturday, Alibaba Partner and Alibaba Digital Media and Entertainment Group CEO Fan Luyuan issued an?apology?on the company’s internal network after a speech he delivered on December 6 sparked controversy, saying his words were intended to liven up the atmosphere during the internal talk.?

NIO’s upcoming electric vehicle to challenge Mini, Smart: CEO by Jill SHEN
William Li, NIO’s founder, chairman, and chief executive briefed audience about the company’s plan in EV recharging network at its Power Up event in Wuhan, capital city of the central Chinese province of Hubei on Tuesday, August 20, 2024.??Credit:?NIO

NIO’s first small electric vehicle model will be smaller than Mercedes-Benz’s Smart-branded cars and come with an intelligent driving system expected to outperform that of its rivals such as the Mini Cooper, founder, chairman, and chief executive William Li said on Thursday.

Can AI be harnessed responsibly for the greater good? What did EY Consulting’s experts say by Shuang Jing
Can AI be harnessed responsibly for the greater good? What did EY Consulting’s experts say?Credit:?EY

As AI continues to reshape industries worldwide, a key question remains: Can its transformative power be harnessed responsibly? In a virtual media briefing hosted by EY Consulting, experts gathered to explore just how businesses can leverage AI’s potential while ensuring its ethical use and minimizing potential harm.



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