Companies
Alibaba prices a HK$80 billion share placement for AI investment
The announced placement comprises 710 million new shares at HK$112.70, with proceeds earmarked for AI capabilities.
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Robotics
ENGINEAI chief claims a sharp decline in humanoid production costs
CEO Zhao Tongyang says a practical general-purpose humanoid can now cost less than RMB 100,000.
Models
SenseTime releases an 8B model for visual understanding and image editing
SenseTime's August U1.5 Lite preview combines visual understanding, 4K generation and localized editing, with both downloadable weights and a hosted image API.
Companies
Alibaba reports higher AI capital spending as quarterly net income falls
June-quarter capital expenditure rose 75% to RMB 67.68 billion while net income fell 76%, according to reported results.
Research
CAICT report counts more than 70 operating embodied-AI training grounds
CAICT's August report describes more than 70 operating robot training grounds and over 40 planned or developing sites, alongside a new dataset-quality standard.
Robotics
Unitree's Shanghai listing highlights its shift toward humanoid revenue
TechNode reports that Unitree debuted on the STAR Market on August 19, raising about RMB 6.099 billion.
