AI - TechWire

17:28

                            Topstar: The first humanoid robot product "Xiaotuo" has completed multiple rounds of verification
                        
                            Topstar has released a record of its investor relations activities. The company's first humanoid robot, "Xiaotuo," is based on an embodied model jointly developed by the company and Zhipu, enabling autonomous reasoning and decision-making for complex tasks. Leveraging its understanding of industrial customer scenarios and accumulated technical expertise, "Xiaotuo" has completed multiple rounds of validation in the injection molding workshop. By integrating a 3D camera with an AI visual inspection system, it can identify the yield of injection molded parts in real time and autonomously complete processes such as tray loading, achieving full automation from inspection to operation.
                        
08:32

                            Jiangsu Semiconductor Association: The dumping margin of US analog chips in China is as high as over 300%
                        
                            On September 13, the Ministry of Commerce announced the initiation of an anti-dumping investigation into imports of analog chips originating in the United States. According to application documents submitted by the Jiangsu Semiconductor Industry Association, four US manufacturers are implicated: Texas Instruments, Analog Devices, Broadcom, and ON Semiconductor. Preliminary evidence submitted by the Jiangsu Semiconductor Industry Association indicates that during the investigation period, prices of the US-origin products under investigation continued to decline significantly, with dumping margins exceeding 300% in exports to China. The products under investigation accounted for an average annual 41% share of the Chinese market. In terms of absolute import volume, the total import volume of the products under investigation has continued to rise significantly, reaching 1.159 billion, 1.299 billion, and 1.590 billion units in 2022, 2024, and 2025, respectively.
                        
22:59

                            Strong inflow of foreign capital continues to heat up investment enthusiasm in the Chinese market
                        
                            Foreign investment in the Chinese market has recently intensified, with August seeing the largest monthly net purchase of Chinese stocks (onshore and offshore combined) since September 2024. Unlike previous offshore channels such as ADRs (American Depositary Receipts), this round of foreign capital inflows is more direct, gradually extending to the onshore market. Industry insiders analyze that the return of foreign capital is primarily due to China's leading advantages in cutting-edge fields such as artificial intelligence and robotics, as well as the positive signals released by recent economic stabilization policies. Technological growth, high-dividend assets, and high-end manufacturing have become key investment areas for foreign investors, with northbound capital participation through ETFs significantly increasing.
                        
20:20

                            The Ministry of Commerce spokesperson answered reporters' questions regarding China's announcement of an anti-discrimination investigation into US measures against China in the integrated circuit sector.
                        
                            Q: We have noted that China has launched an anti-discrimination investigation into US measures against China in the integrated circuit sector. Could you please provide more information? A: In recent years, the US has implemented a series of prohibitive and restrictive measures against China in the integrated circuit sector, including Section 301 investigations and export control measures. These protectionist practices are suspected of discriminatory practices against China and constitute an attempt to curb and suppress China's development of high-tech industries such as advanced computing chips and artificial intelligence. They not only harm China's development interests but also seriously undermine the stability of the global semiconductor industry chain and supply chain. China firmly opposes this. In accordance with Articles 7, 36, and 37 of the Foreign Trade Law of the People's Republic of China, China has decided to launch an anti-discrimination investigation into US measures against China in the integrated circuit sector and will subsequently take corresponding measures against the US based on the actual situation. This investigation will be conducted in an impartial, fair, and open manner. We welcome the active participation of all stakeholders affected by US measures, including Chinese industries and enterprises. China will take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.
                        
20:13

                            The Ministry of Commerce spokesperson answered reporters' questions regarding the anti-dumping investigation launched against imported analog chips originating from the United States.
                        
                            A spokesperson for the Ministry of Commerce answered reporters' questions regarding the anti-dumping investigation launched against imports of relevant analog chips originating in the United States. Q: We have noted the Ministry of Commerce's announcement initiating an anti-dumping investigation against imports of relevant analog chips originating in the United States. Could you provide more information on this? A: Recently, the US government has generalized the concept of national security, abused export controls and "long-arm jurisdiction," and maliciously blocked and suppressed China's chip products and artificial intelligence industries. This is a serious violation of WTO rules and harms the legitimate rights and interests of Chinese companies. China firmly opposes this. This anti-dumping investigation was initiated at the request of domestic Chinese industries and complies with Chinese laws, regulations, and WTO rules. The investigation involves general-purpose interface and gate driver chips imported from the United States. Preliminary evidence submitted by the applicant shows that from 2022 to 2024, the cumulative import volume of the products under investigation from the United States increased by 37%, while the cumulative import price decreased by 52%. This has depressed and suppressed domestic product sales prices, causing damage to the production and operation of domestic industries. After receiving the application, the investigating authority reviewed it in accordance with the law and determined that the application meets the requirements for initiating an anti-dumping investigation and decided to initiate the investigation. The investigating authority will conduct the investigation in accordance with legal procedures, fully safeguard the rights of all stakeholders, and make an objective and impartial ruling based on the investigation results.
                        
13:25

                            Hong Kong holds economic forum to discuss Hong Kong's financial capital support for mainland enterprises to expand overseas
                        
                            The "Hong Kong Financial Capital Empowers Chinese Enterprises to Expand Globally, Rebuilding a New Maritime Silk Road" Economic Forum was held in Hong Kong on the 12th. Four action plans were issued at the forum: 1. Jointly Build a Financial Empowerment Platform; 2. Share a Global Cooperation Ecosystem; 3. Innovate Pathways for Financial Empowerment; 4. Leverage Hong Kong's Fintech Strengths to Support the Globalization of Cutting-Edge Industries, such as the Digital Economy, New Energy, Biomedicine, Low-Altitude Economy, and Artificial Intelligence; and 5. Collaborate for Win-Win Situations and Embrace the World.
                        
13:24

                            Xing Houyuan, an expert from the Global Services Trade Alliance: Digital technology and artificial intelligence are of great significance to the inclusive development of services trade.
                        
                            The 2025 China International Fair for Trade in Services was held in Beijing from September 10th to 14th. Xing Houyuan, an expert from the Global Alliance for Trade in Services, stated in an exclusive interview with reporters during the 2025 Global Services Trade Entrepreneurs Summit held on the 11th that four major trends are currently emerging in the inclusive development of global services trade, with digital technology and artificial intelligence being of paramount importance. Xing Houyuan stated that, judging by the global trend of inclusive services trade, developing countries have a strong demand for this development. Currently, services trade has become a core driving force for rapid global economic development, encouraging the active participation of developing countries.
                        
13:15

                            Nvidia's "biggest short" surrenders
                        
                            Amid the accelerating evolution of artificial intelligence, investment bank DA Davidson, previously bearish on Nvidia, has undergone a significant reversal. In its latest report, DA Davidson upgraded Nvidia's stock rating from "neutral" to "buy" and raised its price target from $195 to $210 per share. Previously, DA Davidson analysts had warned that Nvidia's stock price could plummet by as much as 48%. At the time, DA Davidson believed that spending by hyperscale tech companies could peak in 2026, which could have a significant impact on Nvidia's business. "Our growing optimism about the growth in demand for AI computing has replaced our concerns about Nvidia," Gil Luria, head of technology research at DA Davidson, and his team of analysts wrote in their latest report. Shortly after Nvidia released its earnings report, Luria stated in a note that his view on Nvidia has "evolved considerably" over the past six months due to the rapid development and adoption of AI in the enterprise. Meanwhile, hyperscale spending does not appear to be nearing its peak. “This does mean the most important thing – overwhelming growth in demand for computing power. It’s the only thing that matters,” DA Davidson analysts wrote. “Nvidia should be able to keep growing over the next two years, regardless of where that growth comes from.”
                        
13:13

                            MiniMax music generation large model will be launched. It can play multiple instruments, write lyrics and shoot music videos.
                        
                            Today, a video released by MiniMax, a Shanghai-based general artificial intelligence company, has garnered widespread online attention. The video's visuals were generated by the "Conch" video model, while the music was generated by the Music 1.5 model. The moving vocals of a black singer, the melodious notes of a saxophone, the passionate drumming of a drum set... The music generated by Music 1.5 is highly captivating, and at four minutes long, it represents a significant improvement over the previous generation of music generation models. The MiniMax R&D team explained that this new generation of music generation models has achieved several technological breakthroughs. In simple mode, users simply input a few keywords or a natural language description, and it generates a highly complete song. In advanced mode, users can customize the music's features using "16 styles, 11 emotions, and 10 scenes," creating lyrics for different sections of the song, such as the intro, verse, and chorus, enriching the user's creative experience.
                        
12:55

                            KPMG China's Zhang Qingjie: AI+ key industries have trillion-yuan incremental potential
                        
                            Since the beginning of this year, the AI (artificial intelligence) wave has swept the world, accelerating its integration into numerous industries. The 2025 China International Fair for Trade in Services (CIFTIS) is currently underway in Beijing. Zhang Qingjie, KPMG China's Head of Digital Enablement and Artificial Intelligence, recently stated in an exclusive interview with China News Service that AI+ key industries hold the potential for incremental growth worth trillions of RMB. The key focus is on moving from "tool empowerment" and "business integration" to "business evolution" and even "ecological reconstruction."
                        
12:09

                            Topstar: Officially releases its first humanoid robot "Xiaotuo"
                        
                            According to Topstar Technology, the "Topstar Global Open Day 2025" concluded in Dongguan on September 12th. Chairman Wu Fengli outlined the company's future development direction: continuing to consolidate and expand its core business, focusing on high-end intelligent equipment, and promoting the implementation of artificial intelligence technology in manufacturing scenarios. In the future, Topstar's humanoid robots will deeply integrate technology and scenarios to accurately solve practical application challenges, ultimately building a sustainable business cycle. Matrix Intelligence CEO Huang Jing officially launched the world's first humanoid robot, "Xiaotuo," which is also the first humanoid robot to be used in the injection molding industry.
                        
12:07

                            Bret Taylor, Chairman of OpenAI's Nonprofit Board, predicts the nonprofit sector will receive over $100 billion.
                        
                            Bret Taylor, chairman of OpenAI’s nonprofit board, said that under current terms, its nonprofit arm will receive more than $100 billion, about 20% of the $500 billion valuation it is seeking in the private markets, making it one of the best-funded nonprofits in the world.
                        
23:11

                            Oracle's stock price fell by more than 10% in two days, and the market is worried about its over-reliance on OpenAI.
                        
                            Oracle (ORCL.US) continued its decline on Friday, falling over 4.2% to below $300 as of press time, with the stock down over 10% over the past two trading days. Market concerns are rising that Oracle's future growth is overly concentrated on a single client, OpenAI. Wedbush Securities analyst Gil Luria stated in a Thursday client note: "Our optimism regarding Oracle's backlog is significantly weakened by the news that it comes almost entirely from OpenAI." He maintained a "neutral" rating on Oracle stock and cautioned investors about the risk of client concentration.
                        
22:48

                            Gu Jinxu, deputy director of Beijing Municipal Bureau of Economics and Information Technology: The city's cumulative computing power exceeds 33,000 P
                        
                            On September 12, the Beijing Municipal People's Government Information Office held a press conference titled "Several Measures for Beijing to Establish a Mechanism for Growth in Future Industrial Investment and Promote Future Industrial Development." Gu Jinxu, member of the Party Leadership Group and Deputy Director of the Beijing Municipal Bureau of Economy and Information Technology, explained that the city's cumulative computing capacity exceeds 33,000 petabytes, with computing infrastructure being built on the back of blockchain applications. Incentive policies have been issued to support the first registration, transaction, entry into tables, and public access of data elements. The Beijing Data Exchange's artificial intelligence dataset trading has become the largest business segment on the exchange. The Beijing Artificial Intelligence Data Training Base has enhanced its data application development capabilities and upgraded its Data Sandbox to version 3, establishing an integrated "data, computing, modeling, and application" service capability.
                        
21:10

                            Nvidia reportedly exits cloud computing business
                        
                            Nvidia is reportedly exiting the cloud computing business. A person with direct knowledge of the matter said Nvidia has scaled back its efforts to attract enterprises to use its cloud service, called DGX Cloud.
                        
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