$Chongqing Sokon Industry Group Stock(601127.SH)$ Chinese tech giant Huawei saw its automotive business unit realize a decent revenue in the first half of the year, as sales of models it built in partnership with Seres performed strongly. As of early Jul, Huawei's Intelligent Automotive Solutions (IAS) business unit saw revenue reach RMB 10 billion ($1.38 billion), local media outlet 36kr reported today. Huawei's...
-Musk's AI venture, xAI, plans to raise $3B-$4B with the help of Special Purpose Vehicles or SPVs. - The round could value xAI at $18B, fundraising expected to close in 2-3 weeks. $Tesla(TSLA.US)$$AI(LIST0535.SH)$
Chinese tech giant Huawei saw its automotive business unit realize a decent revenue in the first half of the year, as sales of models it built in partnership with Seres performed strongly.
As of early Jul, Huawei's Intelligent Automotive Solutions (IAS) business unit saw revenue reach RMB 10 billion ($1.38 billion), local media outlet 36kr reported today.
Huawei's...
- The round could value xAI at $18B, fundraising expected to close in 2-3 weeks.
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