With StreamLake, Kuaishou enters PaaS market to help enterprises make AI-driven videos
Unity China officially formed to cope with tightening data handling regulations
The joint venture, valued at US$1 billion, counts Alibaba, Mihoyo, and TikTok's sister app Douyin among its investors.
Beijing plans to develop a $7.5 billion virtual humans industry using Web3 technologies
The Beijing Municipal Bureau of Economy and Information Technology published a document last week that highlight the plan for developing a virtual human industry worth 50 billion yuan (US$7.5 billion) in the next three years utilizing the Web3 technology
Baidu obtain permits for first fully driverless taxi service in China
Baidu has been given the green light to provide the unmanned taxi services, which allows its autonomous ride-hailing service to offer robotaxi rides to operate on open roads during daytime in Chongqing and Wuhan.