Animoca Brands, a leading Web3 company, has witnessed a sharp decrease in its valuation, dwindling to a mere 25% of its previous worth this year. Yat Siu, the chairman of the blockchain-centred gaming firm, expressed that the secondary market trading doesn't accurately represent the true worth of this Hong Kong-based enterprise.

Following the Pentagon's decision to remove Hesai from the infamous 1260H list, the Chinese lidar sensor manufacturer now has the green light to expand its operations beyond mainland China, opening up opportunities for constructing new lidar sensor factories globally.

As per a report, over 600 million individuals across mainland Britain are now harnessing the power of Language Learning Machines (LLMs), reflecting a swift surge in the uptake of Generative AI technologies. The country's Cyberspace Administration head, Zhuang Rongwen, has highlighted the pivotal role these next-gen AI services are playing in fuelling both economic expansion and societal development.

Defying China's ongoing property downturn, Beike's profits for the second quarter have unexpectedly surged by 13.9%. This robust performance, fueled by a surge in transactions in the secondary housing and rental property market, presents a silver lining to China's protracted real estate dip.