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02.04.26 - 04:06
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What Zhipu and MiniMax′s first post-IPO earnings say about the 2 Chinese AI start-ups (SCMP)
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Chinese artificial intelligence start-ups Zhipu AI and MiniMax have shown early signs of sustainable commercialisation of their AI models, analysts said, as investors continue to pump up their Hong Kong stocks despite widening losses.
That assessment comes as the companies reported their first earnings since their respective initial public offerings in early January, providing a glimpse into the business models of an industry still in its infancy globally.
The South China Morning Post takes a......
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02.04.26 - 03:30
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GM Q1 U.S. Vehicle Sales Down 9.7% (AFX)
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WASHINGTON (dpa-AFX) - General Motors (GM) reported that its U.S. vehicle sales were 626,429 units in the first quarter of fiscal year 2026, down 9.7% from 693,363 units last year.GM expects a sim......
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02.04.26 - 02:18
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Denso targets US$54 billion revenue, Rohm deal faces Toshiba-Mitsubishi alliance hurdle (Digitimes)
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Japan's auto parts supplier Denso on March 31 unveiled a mid-term business plan through March 2031, targeting revenue of JPY8 trillion (approx. US$54 billion) and a return on equity (ROE) of 11%. The strategy underscores a shift toward semiconductors as a core growth driver, alongside vehicle electrification and intelligent systems, signaling ambitions beyond its traditional role as an automotive supplier....
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