Tobias

Xiaomi’s new YU7 EV has generated a secondary market surge, with pre-order slots trading at a premium. Long delivery times, up to 56 weeks for standard models, fuel speculation and urgency. The scarcity, coupled with hype, allows early buyers to resell slots at significant markups. While unofficial transactions flourish, official timelines are only provided to confirmed order holders, creating uncertainty for potential buyers. The YU7’s success highlights the competitive EV market and the demand for quick access to desirable models.

OpenAI is diversifying its AI infrastructure by utilizing Google’s TPUs alongside NVIDIA GPUs, as part of its drive for computational power, including for ChatGPT. This move, motivated by cost management and infrastructure diversification, could boost the profile of Google’s TPUs as an alternative to NVIDIA’s GPUs. The partnership, however, shows competitive dynamics, with Google limiting access to its most powerful TPUs.

Xiaomi faces increased scrutiny after entering the automotive market, amplified by rapid growth and social media’s influence. CEO Lei Jun emphasizes meticulous communication and staying true to core values to navigate the “attention economy.” He stresses the importance of careful public statements and adapting to industry expectations despite being a newcomer.

Branko Ivankovic has been dismissed as head coach of the Chinese men’s national football team after failing to qualify for the 2026 World Cup final qualifying round. This decision, the CFA cited the automatic termination of his contract, due to the team’s poor performance. His brief tenure, with a win rate below 30%, further highlights the program’s instability, which has seen 14 managerial changes in 23 years, reflecting the ongoing struggles of Chinese football.

Hong Kong food critic Cai Lan, a celebrated culinary icon who shaped Asian and global food appreciation, passed away at 83. Following his wishes, there was no public memorial service. A posthumous letter revealed his simple love for food, his ventures “Cai Lan Pho” and “Cai Lan Dim Sum” to continue carrying his values, ensuring his legacy through quality, authenticity, and customer delight.

China’s CAAC has introduced new regulations on power banks for domestic flights, effective June 28th, due to safety concerns. The directive prohibits power banks without a 3C certification mark, with illegible marks, or recalled ones. These regulations *do not* apply to camera batteries and other electronic devices. Authorities are clarifying the misunderstanding among travelers. Airport security is increasing inspection, and additional charging stations are planned.

Ideal Motors is gaining popularity among celebrities, with stars using their vehicles for both personal and professional use. Features like comfort, intelligent systems, and spaciousness have made Ideal a favorite, leading to viral endorsements and even use in VIP airport services. The brand’s appeal has translated into strong sales, demonstrating its ability to resonate with diverse users.

Nvidia’s market cap has reached $3.77 trillion, making it the world’s most valuable company. Loop Capital analyst Ananda Baruah forecasts a $6 trillion market cap, setting a $250 per share price target, driven by the “golden wave” of AI adoption. He projects $2 trillion in spending on AI by 2028, with hyperscale cloud providers shifting to non-CPU computing (50-60% by year-end) and the upcoming Blackwell chip production fueling further growth.

Hundreds of printer models, especially those from Brother, are vulnerable to attacks due to flaws in their administrator password systems. Eight vulnerabilities have been discovered, with the most severe (9.8 rating) impacting Brother printers. Attackers could remotely control these printers, potentially executing code and exposing sensitive data. Firmware updates may not fully resolve all issues, necessitating future hardware generations.

Kirsty Coventry, the new IOC President, announced significant changes. She revealed a comprehensive review of the Olympic bidding process, aiming for member involvement and learning from future Games. Furthermore, the IOC will re-examine eligibility standards for women’s competitions, particularly regarding transgender athletes, to ensure the protection of women’s events. These moves signal a shift in the organization’s approach to key issues.