U.S. startup Slate unveils a $25,000 electric truck, leveraging mass-produced LFP batteries from China. Ironically, a policy shift under the Trump administration helped pave the way for this reliance.
The Chinese government has approved the establishment of a Space Computing Industry Innovation Center to build AI data centers in orbit. This move, made just a week before SpaceX's announcement of AI1, is intensifying the US-China space AI competition.
China's Harbin Xinguang has unveiled the Lijian II/III portable anti-drone laser weapon, weighing 25kg, with a 500m range and AI targeting, priced at 2 million yuan.
China expands medical tourism with low-cost CAR-T therapy. Prices under half of US attract global cancer patients. Market to reach $3.4B by 2035.
Chinese foundry Yuexin Semiconductor files for IPO. Rapid sales growth but accumulated losses exceed 10 billion yuan; gross margin of main business is negative. High R&D costs fail to monetize, posing profitability challenges.
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