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Oct 3, 15:12
From scenic city to China's AI Silicon Valley: the driving forces behind Hangzhou's transformation
At the annual China International Supply Chain Expo in July 2025, Alibaba Cloud founder and Zhejiang Lab director Dr. Jian Wang personally invited Nvidia CEO Jensen Huang to visit Hangzhou. Asking if Hangzhou could be considered China's Silicon Valley, Huang expressed his intention to visit in the future.
Anthropic has introduced Claude Sonnet 4.5, its latest artificial intelligence model featuring advanced programming capabilities and improved performance across several benchmarks. Despite a premium pricing model and risks related to customer concentration, the company continues expanding its presence in the AI code generation market.
Microsoft invests in Nebius to expand AI computing capacity
Oct 3, 12:59
Microsoft Corp. has entered a US$19.4 billion partnership with Nebius, a Neocloud provider, to secure over 100,000 Nvidia GPUs. This agreement is intended to enhance Microsoft's large language model (LLM) and artificial intelligence (AI) assistant development while alleviating pressure on its own server infrastructure, according to Bloomberg and Tom's Hardware.
Amazon Web Services (AWS) has established a new multi-year partnership with the National Basketball Association (NBA), becoming the official cloud and cloud AI partner of the NBA and its affiliated leagues. As part of the collaboration, the parties will also launch the NBA Inside the Game intelligence platform.
OpenAI has entered into a strategic cooperation agreement with Hitachi, focusing on power distribution and cooling technologies for artificial intelligence (AI) data centers. The partnership aims to ensure a stable power supply and improve energy efficiency to support OpenAI's generative AI model development.
Nvidia CEO Jensen Huang, once praised by President Trump as a patriot, is facing fierce backlash from MAGA hardliners after openly criticizing America's China hawks in a candid podcast interview. Former Trump adviser Steve Bannon labeled Huang a "CCP agent" and called for his arrest.
Taiwan-based gene sequencing company Genomics BioSci & Tech has entered a strategic partnership with global sequencing leader Illumina to jointly promote gene sequencing and multi-omics technologies across the Asia-Pacific region. The collaboration aims to accelerate industry development and tap into the expanding commercial opportunities in whole genome sequencing (WGS).
At the end of August 2025, Jaguar Land Rover (JLR) suffered a cyberattack that crippled all its critical systems in a single day, forcing global factories to stop production. As the UK's largest automaker, JLR faced losses exceeding GBP70 million in just one day, significantly impacting its supply chain. To recover, JLR secured two major funding injections totaling GBP3.5 billion (US$4.7 billion): a GBP1.5 billion government-backed loan to support suppliers and a GBP2 billion syndicated loan from international banks to maintain liquidity.
Following the resolution of the detention incident at the joint LG Energy Solution (LGES) and Hyundai Motor battery factory in the US, a South Korea-US visa working group clarified the scope of B-1 visas and ESTA for short-term business activities. In response, LGES announced it will gradually resume US business trips after the Mid-Autumn Festival.
OpenAI has completed an employee share resale transaction that boosted its valuation to US$500 billion, making it the world's largest startup. Companies including Japan's SoftBank Group, Thrive Capital, Dragoneer Investment Group, Abu Dhabi's MGX, and T. Rowe Price participated in the deal, according to sources cited by Bloomberg and Reuters.
Wiwynn is rapidly expanding its manufacturing footprint worldwide, driven by strong orders for AI servers expected to sustain through 2027. The company's president, William Lin, highlighted robust industry momentum at a recent groundbreaking ceremony at Wiwynn's Neihu headquarters, while chairperson Emily Hong called upon Taipei city officials for additional land to support growth.
Apple is reportedly considering establishing a small-scale trial production line in Taiwan to support the development and process validation of its upcoming foldable iPhone, as the global smartphone market approaches saturation. Industry sources suggest this move aims to facilitate early-stage engineering verification and pilot runs before full-scale manufacturing. Neither Apple nor Hon Hai Precision Industry Co. (Foxconn), its principal assembler, have officially confirmed the plan.