Shanghai-based artificial intelligence company Infinigence AI launched its full-scale AI efficiency enhancement plan on Monday, introducing three key products designed to facilitate differentiated computing requirements. The launch ceremony was held during a forum on “Compute for All, Infinigence without Bounds” on the sidelines of the 2025 World AI Conference & High-Level Meeting on Global AI…
Shanghai AI-Finance School (SAIFS), East China Normal University (ECNU) launched a new-generation Smith RM financial reasoning model on Sunday to address the hallucination problem in financial credit analysis. [Photo provided to chinadaily.com.cn] Shanghai AI-Finance School (SAIFS), East China Normal University (ECNU) launched a new-generation Smith RM financial reasoning model on Sunday, addressing the hallucination problem…
China National Petroleum Corp (CNPC) on Tuesday launched HiSimPro, the country’s first domestically developed dynamic simulation engine software, in Beijing — marking a significant technological breakthrough in core industrial software for oil and gas field development. Integrating underground reservoirs, wellbores, and pipeline networks, the software features fully independent intellectual property rights. According to CNPC, HiSimPro…
Organon CEO Kevin Ali has been appointed the new chairperson of the US Chamber of Commerce’s China Center, saying he is “eager to work with all parties to foster diverse business partnerships”. [Photo provided to chinadaily.com.cn] A senior business leader from the United States has insisted that to inject new momentum into achieving mutual benefits…
Galbot’s robot is handling a bag of snacks at the exhibition of the 2025 World AI Conference in Shanghai. [Photo provided to chinadaily.com.cn] As humanoid robots transition from product development to real-world commercialization and deployment, Beijing Galbot Co Ltd is working to crack the code to scalable automation through a radical synthetic data approach. In an…
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Robot dogs and a humanoid robot, independently developed by a Chinese enterprise, were showcased during the 2025 World AI Conference in Shanghai, on July 27, 2025. [Photo/Xinhua] China has accelerated breakthroughs in artificial intelligence development, having released 1,509 large models to date, ranking first among the 3,755 large models released globally, according to a Xinhua…
BEIJING — China’s manufacturing sector softened slightly in July due to seasonal factors, but underlying growth momentum remained resilient, with emerging industries gaining traction and business confidence continuing to improve. The purchasing managers’ index (PMI) for manufacturers stood at 49.3 in July, down from 49.7 the previous month, according to data released Thursday by the…
BEIJING — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.1 in July, down from 50.5 the previous month, official data showed Thursday. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The sub-index for the construction sector came in at 50.6 in July, down from the…
The Enterprise Committee of the China-BRICS Artificial Intelligence Development and Cooperation Center was officially launched at the Win-Win BRICS forum of the 2025 World AI Conference on Sunday. The event also saw the release of the first key outcome, the Guidance Framework for Global Development of AI Enterprises. “The framework is released to better guide…