year

23/03/2025

Bytedance ‘Strategies $20 Billion Expense on AI Facilities This Year’

Chinese technology titan ByteDance is anticipated to invest greater than 150 billion yuan ($ 20.6 billion) in capital investment this year, primarily on expert system. The business, which possesses TikTok, will certainly invest fifty percent of the funds on abroad synthetic intelligence-related facilities, such as information facilities and network tools, according to 2 resources
21/03/2025

Top Carmakers Continue China’s EV Price War For a Third Year

Tesla, BYD and two other top Chinese electric car makers continue to implement sales incentives in early 2024. This means that the brutal price war in the world’s largest auto market has extended into its third year. Li Auto on Thursday announced a cash subsidy of 15,000 yuan ($2,055) per vehicle, as well as
21/03/2025

2024 Was China’s Warmest Year Since 1961, Shanghai Roasted

According to local meteorological data, 2024 will be China’s hottest year in more than 60 years since similar records began in the early 1960s. According to statistics, the national average temperature last year was 10.9 degrees Celsius (51.66 degrees Fahrenheit), one degree higher than in 2023, marking the second consecutive year that this milestone
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