Meta invests heavily in AI infrastructure, building multi-gigawatt data center clusters to compete with OpenAI and Google.

Nvidia receives US approval to export H20 chips to China, with the Chinese market contributing 13% of its annual sales.

Tesla's first showroom in India opens, with the Model Y priced high and initially relying on imports.

General Motors upgrades its battery factory to produce low-cost LFP batteries, expected to begin production by the end of 2027.

Former Founders Fund partner raises over $500 million to launch GPx fund, focusing on investing in emerging venture capital and Series B funding.

Rumors suggest Apple is considering acquiring French AI startup Mistral AI to address its shortcomings in generative AI.

XPeng Huitian completes a $250 million Series B funding round, with its flying car mass production factory expected to be completed in the fourth quarter of this year.

Large language model company MiniMax completes nearly $300 million in financing, valuing the company at over $4 billion, and may pursue a Hong Kong IPO.

ByteDance's Pico is developing mixed reality glasses to rival Meta, emphasizing lightweight design.

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