Xiaomi has open-sourced a new foundation model that integrates autonomous driving and embodied artificial intelligence, as the Chinese smartphone and electric-vehicle (EV) manufacturer seeks to enhance its AI capabilities. MiMo-Embodied, which comes after Xiaomi’s first large language model MiMo launched in April, was described as the “first open-source vision-language model” that combined autonomous driving and embodied AI tasks. Technical reports and project files are available on platforms...

The steep rise in memory chip prices is expected to continue on the back of heightened demand from the artificial intelligence industry, while average consumers are likely to pay more for a new smartphone, according to analysts. Memory chip prices were forecast to increase 30 per cent in the fourth quarter this year and a further 20 per cent in 2026, following a 50 per cent surge year to date, Counterpoint Research said in a report on Thursday. The higher cost reflects the rapid shift in...

US officials are having early discussions on whether to let Nvidia sell its H200 artificial intelligence chips to China, according to people familiar with the matter, a contentious potential move that would mark a major win for the world’s most valuable company. US President Donald Trump’s team had held internal talks about H200 chip shipments to the Asian country in recent days, said the people, who requested anonymity to discuss a highly sensitive matter. No final decision had been made, the...

When Dutch authorities seized control of chipmaker Nexperia almost two months ago, it resulted in a clash between the head office in Nijmegen and the company’s mainland China unit, which vowed to operate and meet orders as an independent enterprise. That dispute also exposed the vulnerability of global car supply chains, as any disruption in Nexperia’s shipments of so-called legacy chips would affect nearly every major European carmaker, as well as those in Japan and the United States. Here are...

Huawei Technologies on Friday introduced open-source software that it claimed can significantly improve the utilisation rate of artificial intelligence chips, marking the latest effort by Chinese companies to achieve world-class AI training capabilities even without access to the latest Nvidia processors. Flex:ai, which pools and orchestrates processors to squeeze out more performance, came as part of Huawei’s effort to develop a self-sufficient compute ecosystem by overcoming China’s...

Taiwan’s Foxconn Technology Group and OpenAI on Friday announced an agreement to design and build artificial intelligence data centre hardware, the latest in a string of infrastructure deals for the US creator of ChatGPT. Foxconn, the world’s largest electronics contract manufacturer, has seen profits soar after shifting its focus from low-margin iPhone assembly to AI servers that are now in huge demand, as firms plough hundreds of billions of dollars into the technology. Optimism over AI has...

Huang Shilin, co-founder of Contemporary Amperex Technol­ogy (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million). The engineer-turned-entrepreneur agreed to offload 45.6 million yuan-denominated A shares to 16 corporate and institutional investors at 376.12 yuan apiece, according to a filing by CATL to the Shenzhen Stock Exchange. The billionaire still...