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Headlines · 4
- China Launches National Data Group Alongside AI Computing Expansion
Blue Shark Finance, published by TMTPost, reports that National Data Group was officially established in Xiong'an, Hebei, on October 20 with 10 billion yuan in registered capital. Its reported shareholders include China's three major telecom operators, State Grid and China Southern Power Grid. The launch follows national leaders' October 16 visit to Ulanqab to examine East Data, West Computing hub construction and green-computing development.
钛媒体 · 🔥 0 - Deep Robotics Updates STAR Market IPO Prospectus
Deep Robotics updated its prospectus on September 28 as it seeks an IPO on the Science and Technology Innovation Board, according to TMTPost. The filing says first-half 2026 revenue reached 259 million yuan, up 117.67% year over year, but the company reported an 8.81 million yuan loss after achieving a 28.68 million yuan attributable profit in 2025. It plans to raise 2.503 billion yuan, including 1.169 billion yuan for embodied algorithms and models and 554 million yuan for robot bodies and solutions.
钛媒体 · 🔥 0 - Chery to unveil automotive vertical-domain AI model, Mo Bao robot on Oct 20
Chery says it will hold its 2026 Global Innovation Conference in Wuhu on Oct 20 under the theme “Change,” where it plans to release what it calls the industry's first automotive vertical-domain large model. According to IT之家, the model combines Chery's work in compute, algorithms and data, and the company will also show a vehicle-grade chip designed for physical-AI world models. The event is set to include the global debut and pre-orders of Mo Bao, Moja Robotics' first consumer home-companion humanoid robot, alongside an outlook on the “Yaoguang 2035” plan. A second report describes the model as already released at the conference, but that account reworks pre-event information, so timing and launch details still need confirmation.
IT之家 AI · 🔥 0 - Tianxu Intelligent raises funding to put its weather AI model in orbit
Tianxu Intelligent Technology (Jiaxing) has closed a Pre-A+ round of tens of millions of yuan, solely funded by Houxue Capital, with proceeds going mainly to its Ningkong satellite constellation, energy-weather model updates, hiring and overseas research. The company says its self-developed vertical weather model, under 10 billion parameters, uses a "Lorentz framework" that adapts Transformer attention for wind-speed and irradiance forecasting, and claims its 1-km wind predictions beat EC-HRES and AIFS on RMSE and correlation metrics. It adds that its weather model reached orbit aboard a satellite on July 24, 2026 and passed daily validation, with a long-term plan for 18 satellites and two pilot satellites in 2027.
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