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Xiaomi Unveils 3nm Chip and YU7 SUV at 15th Anniversary Event

BYD Surpasses Tesla in European EV Sales for the First Time in April with 169% Surge; Tesla Sees 45% Q1 Decline, Musk Reaffirms CEO Role for Five More Years

U.S. FTC Officially Withdraws Case Against Microsoft’s $69 Billion Acquisition of Activision Blizzard

Anthropic Launches Claude 4 Series, Sets New Benchmark with 7-Hour Autonomous Coding

Airbnb Launches Enhanced Lifestyle Services and Experiences, Expanding Beyond Vacation Rentals

Xiaomi Unveils 3nm Chip and YU7 SUV at 15th Anniversary Event

Xiaomi (01810.HK) officially released its self-developed 3nm flagship SoC chip “Xuanjie O1” and luxury SUV “Xiaomi YU7” during its 15th anniversary event. Xuanjie O1 marks Xiaomi as the first in mainland China and fourth globally to independently design a 3nm SoC, with over RMB 13.5 billion invested and 2,500+ R&D staff involved.

BYD Surpasses Tesla in European EV Sales for the First Time in April with 169% Surge; Tesla Sees 45% Q1 Decline, Musk Reaffirms CEO Role for Five More Years

BYD’s April EV registrations in Europe surged 169% to 7,231 units, surpassing Tesla, whose sales fell 49%.

U.S. FTC Officially Withdraws Case Against Microsoft’s $69 Billion Acquisition of Activision Blizzard

The U.S. Federal Trade Commission (FTC) officially withdrew its lawsuit against Microsoft’s $69 billion acquisition of Activision Blizzard, stating that continuing the case after the deal’s completion “does not serve the public interest.” Microsoft President Brad Smith called it “a victory for gamers and common sense.”

Anthropic Launches Claude 4 Series, Sets New Benchmark with 7-Hour Autonomous Coding

Anthropic officially released its most advanced language model, Claude 4 series, with the flagship Claude 4 Opus achieving a record 7-hour continuous autonomous coding capability. The models are accessible via Anthropic API, Amazon Bedrock, and Google Cloud’s Vertex AI, and classified at ASL-3 safety level.

Airbnb Launches Enhanced Lifestyle Services and Experiences, Expanding Beyond Vacation Rentals

Airbnb launched “Airbnb Services” and upgraded “Airbnb Experiences,” expanding beyond rentals into lifestyle services in 260 cities. It plans to invest $200 million in 2025 despite a 42% net profit decline in Q1 revenue of $2.3 billion. The move aims to boost user engagement and platform appeal.

Hong Kong Treasury Department: Hong Kong ESG management asset size exceeds HK$1 trillion in the first quarter.

The Hong Kong Treasury Department revealed that as of March 31, 2025, there are a total of 218 ESG funds approved by the Hong Kong Securities and Futures Commission, with assets under management totaling approximately 139.2 billion US dollars (equivalent to about 1085.7 billion Hong Kong dollars).

OpenAI Announces $6.5 Billion Acquisition of AI Hardware Startup Founded by Jony Ive

OpenAI has announced its largest acquisition to date, acquiring AI hardware startup io—founded by former Apple design chief Jony Ive—for $6.5 billion through an all-stock deal. The transaction includes a prior 23% stake acquired in late 2023 and is expected to close this summer pending regulatory approval.

Navitas Surges 200% Following Strategic Partnership with NVIDIA on 800V AI Power Infrastructure

Navitas Semiconductor surged by 200% in post-market U.S. trading after announcing a strategic partnership with NVIDIA to co-develop an 800V HVDC architecture for AI data centers.

Nike Returns to Amazon After Six-Year Hiatus to Rebuild Retail Partnerships

Nike (NKE.US) has returned to Amazon (AMZN.US) after a six-year absence, aiming to boost growth and rebuild ties with wholesale partners like Dick’s Sporting Goods (DKS.US) and Foot Locker. The move aligns with CEO Elliott Hill’s commitment to strengthening retail partnerships and expanding digital channels.

Volvo Cars Expands Strategic Partnership with Google to Advance In-Car Android System Development

The collaboration showcased Volvo’s flagship electric SUV EX90 running Android 15 at the Google I/O conference, with production slated for later this year. Volvo also integrated Google’s Gemini AI into its vehicles, offering voice-driven interactions such as address retrieval from messages and automated grocery list creation.

Baidu Posts Strong Q1 2025 Results with AI and Autonomous Driving Driving Growth

Baidu (09888.HK) reported a 7% year-on-year increase in Q1 2025 revenue, reaching RMB 32.5 billion, while net profit attributable to Baidu Core surged 48% to RMB 7.63 billion. Intelligent Cloud revenue rose 42% year-on-year.

Qifu Technology, Inc. ADR Class A (QFIN.US) has once again been named as the "most respected company." The market has recognized the combination of "AI+ finance."

Keytech Technology retains the title of "Most Respected Company"

Xiaomi and Qualcomm Sign Multi-Year Partnership to Extend Snapdragon Use in High-End Devices

Xiaomi (01810.HK) has signed a multi-year agreement with Qualcomm to continue using Snapdragon 8 series chips in its high-end smartphones. The two companies celebrated 15 years of partnership and plan to expand collaboration across edge devices.

Tencent Cloud and WeRide Strengthen Strategic Cooperation to Advance Robotaxi Commercialization and Global Expansion

Tencent and WeRide deepened their strategic partnership to advance large-scale Robotaxi commercialization and overseas expansion. The two companies will jointly develop L4 autonomous driving solutions and integrate services into platforms like WeChat and Tencent Maps.

DiDi Chuxing and Hilton Announce Strategic Partnership to Launch Integrated "Stay & Travel" Membership Ecosystem

DiDi Chuxing and Hilton Group announced a strategic partnership on May 20, 2025, launching an integrated “stay and travel” membership benefits system enabling cross-platform privileges. The collaboration offers members enhanced services such as advance ride booking, hotel perks, and access to airport lounges through both companies’ apps.

Google’s $249 AI Ultra Subscription Launches, Creating the “Strongest AI Creation Suite”

At the 2025 Google I/O Developer Conference, Google introduced its premium AI subscription service AI Ultra at $249.99 per month, featuring advanced tools like Veo3 and Imagen4, alongside 30TB cloud storage and YouTube Premium.

Honda Revises Electrification Strategy: Investment Cut and Shift Toward Hybrid Vehicles

Honda Motor announced a 30% reduction in its global electrification investment from 10 trillion yen to 7 trillion yen through fiscal 2031, shifting focus toward hybrid vehicle development amid slowing U.S. EV market growth.

HarmonyOS-Powered Computer Officially Released: A Major Breakthrough in Domestic Operating Systems

On May 19, Huawei launched two HarmonyOS PCs, including its first foldable model, marking a major breakthrough in China’s OS development. The devices feature full in-house control and deep mobile-PC integration. HarmonyOS now powers over 1 billion connected devices.

Dell and NVIDIA Launch New Enterprise AI Solutions and Next-Generation PowerEdge Servers

Dell Technologies Inc. announced a major AI-focused partnership with NVIDIA on May 19, introducing next-gen PowerEdge servers supporting up to 192 NVIDIA Blackwell Ultra GPUs. The new AI infrastructure offers up to 4× faster LLM training and 62% lower inference costs vs. public cloud. Dell shares have surged 60% from April lows to $114, with market value nearing $800 billion.

Microsoft Unveils Major Updates at Build Conference, Nadella Emphasizes the Growing Importance of Human Qualities in the AI Era

Microsoft (MSFT) kicked off Build 2025 by unveiling a major upgrade to GitHub Copilot, now an autonomous AI coding assistant. CEO Satya Nadella emphasized that human qualities—like clarity and creativity—matter more than ever.

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