AI Technology

Geekplus (2590.HK) announced strong unaudited interim results for H1 2025, with revenue up 31.0% year-over-year to RMB 1.025 billion. Gross profit increased 43.1%, resulting in a gross margin of 35.1%. Adjusted net loss narrowed significantly, and adjusted EBITDA turned positive. New orders rose 30.1% to RMB 1.760 billion. Revenue from outside Mainland China accounted for 79.5% of the total. Geekplus remains the world’s largest warehouse fulfillment robotics solution provider and will focus on embodied intelligence R&D, global expansion, ESG, and talent development.

Xpeng Motors showcased its “AI Changing the World” vision at the Chengdu Motor Show, presenting vehicles like the revamped P7, G7, X9, MONA M03, and the IRON humanoid robot. The exhibit highlighted Xpeng’s AI technologies, including its Turing AI system, custom chip, and fast charging solutions. First deliveries of the updated P7 coincided with the show. Driven by strong financial results and record deliveries, Xpeng is expanding its technology partnership with Volkswagen and accelerating its global presence, aiming to become a leading global AI automotive company.

At the 2025 World Robot Conference, 360 Group’s Zhou Hongyi playfully sparred with a Unitree robotic boxer. Video footage shows Zhou initiating the “fight,” even executing a leg trip. The robot, demonstrating resilience, recovered and exchanged blows. Zhou knocked the robot down multiple times, but it consistently recovered. Online commentators humorously noted the match, while some observed the potential for future robotic advancements, suggesting human challengers might face tougher competition in the future.

OpenAI is teasing a livestream event on X, sparking speculation about the unveiling of GPT-5. A typo in the announcement fueled the rumors. CEO Sam Altman hinted at GPT-5’s integration of several technologies. The standard ChatGPT version may offer free, limited access to GPT-5’s basic capabilities. Plus and Pro subscribers could gain access to more advanced features like voice integration, enhanced search, and research tools.

Faraday Future (FFAI) celebrated its 4th public listing anniversary with a business update from Founder YT Jia, highlighting over 10,000 paid pre-orders for the FX Super One MPV. Jia emphasized the Super One’s innovative features, including its “First Class EAI-MPV” category, AI capabilities, and focus on safety and luxury. The company showcased the FX Super One and FF 91 on Capitol Hill, advocating for American manufacturing and innovation. Faraday Future is also exploring Web3 applications and will present the FX Super One at Pebble Beach.

In a recent interview, Valve’s Gabe Newell discussed the impact of AI, emphasizing the importance of both mastering existing AI tools and understanding their underlying principles. He believes AI can empower individuals, even those without extensive coding experience, to excel in development. While other gaming companies actively integrate AI, Valve adopts a more measured approach. Notably, Valve has used ChatGPT to solve matchmaking issues in their upcoming game “Deadlock,” showcasing AI’s practical application within the company. Newell highlights the synergistic relationship between AI application and understanding AI principles.

Faraday Future (FF) has secured $105 million in funding to boost production of its upcoming FX Super One model and advance its AI technology roadmap. The package includes $82 million in new unsecured convertible notes and warrants. Existing investors, including Master Investment Group, and new institutions participated. Terms are more favorable compared to previous rounds. FF’s CEO Jerry Wang stated the financing will enhance the company’s ability to deliver the FX Super One and establish FF as a leader in intelligent electric mobility.

Tencent Music Entertainment (TME) briefly surpassed Baidu in market capitalization, highlighting a market re-evaluation. Investors favor TME’s proven “copyright-to-subscribers-to-revenue” model over Baidu’s AI investments, which await clearer commercial returns. This shift signals changing internet traffic dynamics and investment logic, with TME evolving into a dedicated content provider.