Tag: Xiaomi's
Xiaomi’s Q1 EV deliveries surpass 80,000 units
Xiaomi released its financial results for the first quarter of 2026 on Tuesday, reporting total revenue of RMB 99.1 billion ($13.8 billion). Revenue from its smart electric vehicle, AI, and other innovation businesses reached RMB 19.9 billion ($2.8 billion). Xiaomi’s R&D spending for the quarter totaled RMB 9 billion ($1.25 billion), up 33.4% year-on-year. The
Xiaomi’s first smart home appliance factory plans year-end production to crack China’s air-conditioner market
Shan Lianyu, general manager of Xiaomi’s Home Appliances Department, recently shared on-site photos of Xiaomi’s new smart home appliance factory in Wuhan, revealing that it is nearing completion. The factory will begin by mass-producing Xiaomi’s self-developed air-conditioners and features a high degree of automation, according to the company...
Xiaomi’s EV business ramps up hiring in preparation for overseas sales
BELARUS, NOVOPOLOTSK - 25 FEBRUARY, 2021: Xiaomi redmi 8 pro phone box close up Credit: 123rf Xiaomi has recently set up a team dedicated to selling electric vehicles overseas under the company’s international business division, hiring new employees for market research, project management, and after-sale services, people familiar with the matter told Chinese media outlet
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Zhibao Technology’s Plans to Acquire 3,500 Bitcoin in Nasdaq PIPE Financing Deal
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Alphabet
Alphabet beats expectations in second quarter, cloud revenue nearly doubles
Google’s cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company’s AI investments are paying off. CEO Sundar Pichai said in a statement that the strong quarter was driven in part by growth in its Gemini AI models and AI-powered search queries
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In Case You Haven’t Noticed, the Music Industry Is Exploding Everywhere All at Once. But Who Will Power the New ‘Chaos Economy’ Infrastructure?
Photo Credit: Pexels It’s a dizzying time to be in the music industry, with catalog investments, creative outputs, and AI-generated mayhem part of a pedal-to-the-metal explosion. On the ground, that means more companies are battling an avalanche of data overload and disconnected processes, with hair-pulling and stiff drinks part of the daily routine. But we’re
Nasdaq-Listed
Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing
Zhibao Technology, a Shanghai-based insurance-technology firm listed on the Nasdaq, said Wednesday it has signed a non-binding term sheet for a stock sale that would be paid for in bitcoin — some 3,500 coins, worth near $220 million at current prices. The deal, a private investment in public equity known as a PIPE, would have
Cryptos
Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report
The crypto industry may be relatively small in terms of employers — but the economic contribution is big. That’s according to a new report published by the National Cryptocurrency Association and the Pragmatic Policy Group, which reveals that while only 34,000 people are employed by crypto companies, the industry will contribute $55 billion in 2026