faraday future Struggling EV Maker Faraday Future Targets Chinese Factory by 2025 Despite facing severe cash shortages and an ongoing SEC investigation, Faraday Future announces plans to open a manufacturing plant in China by 2025. The troubled company aims to use the facility to build its mass-market FF 81 sedan and a new delivery vehicle.
baidu Beijing Issues First Fully Driverless Robotaxi Permits to Baidu and Pony AI Beijing grants the first fully driverless robotaxi permits in China to Baidu and Pony AI, allowing the companies to charge passengers in a designated 60-square-kilometer area.
baidu Baidu and Pony.ai Secure China's First Fully Driverless Robotaxi Permits Baidu and Pony.ai earn the first permits in China to operate fully driverless ride-hailing services on public roads in Beijing. The new rule still requires a safety operator in the front passenger seat, and the companies do not charge fees for these specific driverless rides yet.
beijing 2022 Beijing 2022 Winter Olympics Highlight Chinese Robotic Innovations China uses the Beijing Winter Olympics as a stage to display its growing robotics capabilities, featuring a unique six-legged skiing robot.
bitcoin Bitcoin Mining Recovers Fully After China's Massive Crypto Crackdown The Bitcoin network completely recovers its computing power just five months after China banned cryptocurrency mining, proving the network's resilience against a nation-state attack.
china China Officially Bans All Cryptocurrency Transactions and Mining Operations China declares all cryptocurrency-related transactions illegal and bans foreign exchanges from serving its citizens. Ten government agencies collaborate to enforce a sweeping crackdown on trading and mining.
china China Officially Bans All Cryptocurrency Transactions China declares all cryptocurrency-related transactions illegal, expanding its crackdown on digital assets. The move targets both domestic and overseas crypto exchanges offering services to Chinese residents.
china China Officially Bans All Cryptocurrency Transactions China's central bank declares all cryptocurrency transactions illegal, citing risks to the financial system and criminal activity. The move supports the government's push for a state-controlled digital yuan.
china China Central Bank Declares All Cryptocurrency Activities Illegal China's central bank officially labels all cryptocurrency activities illegal and vows a harsh crackdown on the industry. The announcement causes immediate drops in bitcoin and ethereum prices.
china Chinese Regulatory Crackdown Threatens Cloud Market Growth Despite Rising Demand China's four major cloud providers continue to see massive revenue growth, but intensifying regulatory crackdowns cause investor panic and threaten future expansion.
china China Releases Comprehensive Ethical Guidelines for Artificial Intelligence Development A Chinese state AI governance committee publishes new ethical norms covering data privacy, human control, and anti-monopoly measures for AI. The guidelines lack specific enforcement mechanisms or penalties for non-compliance.
china China Breaks New Ground with Pioneering Draft Algorithm Regulations China's cyberspace regulator releases a first-of-its-kind draft rule targeting algorithmic recommendation systems. Experts note the significant challenges of implementing these new restrictions in practice.
china China Breaks New Ground with Draft Algorithm Recommendation Regulations China's cyberspace regulator releases pioneering draft rules targeting algorithmic recommendation systems, prompting experts to question the practical enforcement of anti-addiction measures.
china China Breaks New Ground with Draft Algorithm Regulation Rules China's cyberspace regulator releases pioneering draft rules targeting recommendation algorithms used by online services. Experts note the regulations introduce novel measures but leave practical implementation questions unanswered.
china Beijing Drafts Comprehensive Rules to Rein in Big Tech Algorithms China's cyberspace regulator unveils a 30-point draft proposal to control how tech giants use recommendation algorithms to push online content. The sweeping regulatory push also targets excessive celebrity exposure and fan club culture.