Industry News

Matrix-3D Goes Open-Source: A New Benchmark for 3D World Generation

SINGAPORE, Aug. 12, 2025 /PRNewswire/ -- The SkyWork AI Technology Release Week officially kicked off onAugust 11. From August 11 to August 15, a new model will be unveiled each day, covering cutting-edge models for core multimodal AI scenarios. On August 12, the world model Matrix-3D for 3D wor...

2025-08-12 16:47 3805

Matrix-Game 2.0 Launches as a Powerful Open-Source Alternative to Genie 3

SINGAPORE, Aug. 12, 2025 /PRNewswire/ -- The SkyWork AI Technology Release Week officially kicked off onAugust 11. From August 11 to August 15, a new model will be unveiled each day, covering cutting-edge models for core multimodal AI scenarios. A week ago, DeepMind released a major update to it...

2025-08-12 16:47 3810

HUYA Inc. Reports Second Quarter 2025 Unaudited Financial Results

GUANGZHOU, China, Aug. 12, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game-related entertainment and services provider, today announced its unaudited financial results for the second quarter endedJune 30, 2025. Second Quarter 2025 Highlights * Total net r...

2025-08-12 16:30 3423

2025 CHINA FOCUS Returns to Edinburgh Festivals Showcasing Cutting-Edge Chinese Performing Arts

EDINBURGH, Scotland, Aug. 12, 2025 /PRNewswire/ -- The acclaimed CHINA FOCUS has officially launched its return to the Edinburgh International Festival and Edinburgh Festival Fringe in 2025 for the fifth edition, presenting nine groundbreaking productions fromChina. This year's programme (30 July...

2025-08-12 16:00 1403

ChipMOS REPORTS SECOND QUARTER 2025 RESULTS

* 2Q25 Revenue Grew 3.7% Compared to 1Q25 * 6.6% 2Q25 Gross Margin Compared to 9.4% in 1Q25 * Overall Utilization Rate Increased to 65% from 62% in 1Q25 * NT$1,667.2 Million or US$57.1 Million Net Free Cash Flow for the First Half of 2025 * Revenue Growth and Prudent CapEx Further Strengt...

2025-08-12 15:00 2586

Zilliz Powers the Next Wave of AI Adoption with Unmatched Enterprise Security and Compliance

Industry-first approach to vector database security enables Fortune 500 companies to deploy AI at scale while meeting the most rigorous compliance requirements. REDWOOD CITY, Calif. , Aug. 11, 2025 /PRNewswire/ -- Zilliz

2025-08-12 11:16 3174

Fosun Pharma's Small Molecule Innovative Drug XH-S004 Achieves Overseas Licensing for a Potential Total of $645 Million

SHANGHAI, Aug. 11, 2025 /PRNewswire/ -- On August 11, Fosun Pharma (SSE:600196, HKEX: 02196) announced that its subsidiary Fosun Pharma Industrial has signed a License Agreement withExpedition Therapeutics Inc.(Expedition) to grant Expedition the rights to develop, manufacture, and commercialize ...

2025-08-12 09:36 2421

Yalla Group Limited Announces Unaudited Second Quarter 2025 Financial Results

DUBAI, UAE, Aug. 11, 2025 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largestMiddle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter endedJune 30, 2025. Seco...

2025-08-12 05:00 5459

Ucommune Announces Extraordinary General Meeting

BEIJING, Aug. 11, 2025 /PRNewswire/ -- Ucommune International Ltd (Nasdaq: UK) ("we", "Ucommune" or "the Company") today announced that it will hold the extraordinary general meeting of shareholders (the "Meeting") at10:00 am on September 8, 2025, Beijing time (10:00 pm on September 7, 2025, U.S....

2025-08-12 04:00 3147

AI Applications Expand Globally: 2025 Insight Report on Infrastructure, Market Readiness, and Scenario-based Differentiation Industry White Paper

Abstract: GPU Cloud Strengthens the Computing Infrastructure, Powering the Global Expansion of AI Applications BEIJING, Aug. 11, 2025 /PRNewswire/ -- In recent years, the global AI market has experienced rapid expansion. According to Bain & Company, the global AI software & hardware market reach...

2025-08-12 00:00 2440

Theori Wins $1.5 Million Prize at DARPA's AI Cyber Challenge

LAS VEGAS, Aug. 11, 2025 /PRNewswire/ -- Offensive security firm Theori has taken third place at the finals of the Defense Advanced Research Projects Agency's (DARPA) AI Cyber Challenge. The$1.5 million prize was awarded at DEF CON 33 inLas Vegas, one of the world's most influential cybersecurity...

2025-08-11 23:00 2817

MetAI to Power SimReady Digital Twin Creation for Smart Warehouses with MetGen and NVIDIA USD Search

TAIPEI, Aug. 11, 2025 /PRNewswire/ -- MetAI,a Taiwan-based member of NVIDIA's Inception startup program, is building AI-powered simulation environments powering the next generation ofindustrial and phy...

2025-08-11 23:00 1580

AGEBOX Presents iKids-Growth: Pioneering Safe and Natural Support for Children's Height Development

RICHMOND, VA., Aug. 11, 2025 /PRNewswire/ -- In the field of pediatric development, a significant advancement is taking shape. For years, parents have navigated a marketplace of nutritional aids—from basic multivitamins to protein powders—with little more than hope to guide them. iKids-Growth mar...

2025-08-11 21:30 1997

Xiao-I Corporation Celebrates Eight Consecutive Years Empowering Premium Kitchen Appliance Leader with AI-Driven Customer Experience

SHANGHAI, Aug. 11, 2025 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a global leader in artificial intelligence solutions, today announced the renewal of its strategic partnership for the eighth consecutive year with a leading Chinese manufacturer and marketer of high-end kitchen appliances...

2025-08-11 21:15 2607

GET CAMPUS READY: MILANIA GIUDICE CURATES NEW BACK-TO-SCHOOL COLLEGE COLLECTION WITH SHEIN

SHEIN x Milania Features Affordable Picks for Dorm Life, Move-In Day, and Campus Glow-Ups LOS ANGELES, Aug. 11, 2025 /PRNewswire/ -- SHEIN , the global fashion and lifestyle online retailer, just announced its back-to-school collection curated by "Real Housewives ofNew Jer...

2025-08-11 21:00 2611

Baleaf Celebrates 11 Years of Movement, Comfort, and Community

NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Baleaf , a global activewear brand known for its versatile and performance-driven designs, marks its 11th anniversary this year, celebrating over a decade of innovation, inclusivity, and commitment to people who move. Since its found...

2025-08-11 20:40 1615

AMI Pharm Advances AYP-101 to Phase 3, Paving the Way for a New Era in Fat-Reduction Injectable drugs

— Novel non-cytolytic injectable drug targets submental fat with significantly reduced pain and swelling — Phase 3 clinical trial underway in South Korea, following strong safety and efficacy results in earlier studies — AMI Pharm positions itself for global expansion in the multi-billion-dollar ...

2025-08-11 20:00 2160

MUMBAI WELCOMES DAVE & BUSTER'S AS BRAND RAMPS UP GLOBAL EXPANSION

Dave & Buster's Expands Presence in India with Second Location and Adds Multiple New International Locations to Its Pipeline DALLAS, Aug. 11, 2025 /PRNewswire/ -- Dave & Buster's, the world's premier destination for dining, drinks, and entertainment, today announced the opening of its second loc...

2025-08-11 19:55 2022

Hong Kong Baptist University, Hong Kong Ballet and Studio Wayne McGregor Join Forces in Interdisciplinary Knowledge Transfer with Avant-Garde Art Tech x Dance Choreographic Installation at Venice's Biennale Danza 2025

HONG KONG, Aug. 11, 2025 /PRNewswire/ -- Hong Kong Baptist University (HKBU), Hong Kong Ballet (HKB) and Studio Wayne McGregor (SWM) proudly present the avant-garde choreographic installationWayne McGregor: On The Other Earth, which had its world premiere as part of Biennale Danza, the 19th Inter...

2025-08-11 19:36 3229

Tuya to Report Second Quarter 2025 Financial Results on August 26, 2025 Eastern Time

SANTA CLARA, Calif., Aug. 11, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced that it will report its second quarter 2025 unaudited financial results after the market closes onTuesday, August 2...

2025-08-11 18:00 2224