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Harvey Hits $5B Valuation as China's DeepSeek-Powered Legal AI Tools Challenge Western Dominance

July 01, 2025

Legal AI just hit a major inflection point. Harvey raised $300M at a $5B valuation, making it the highest-valued legal tech company globally. But here's what's really interesting: while Harvey dominates with blue-chip clients like Paul Weiss and KKR, China's legal AI landscape is rapidly evolving with DeepSeek-powered platforms like Faduobang AI and AlphaGPT building sophisticated capabilities on massive legal databases. The numbers tell the story. Harvey grew from $50M to $75M in annualized revenue in just four months, expanding from elite law firms to corporate legal departments. Meanwhile, Chinese platforms are leveraging models like DeepSeek R1 to serve different market segments, from SMEs to state enterprises. This isn't just about technology. It's about fundamentally reshaping how legal services are delivered globally. As regulatory complexity increases and efficiency demands intensify, AI tools that can automate research, draft contracts, and ensure compliance are becoming mission-critical infrastructure. The legal profession has been notoriously slow to adopt technology. That's changing fast. Whether you're in Big Law, in-house counsel, or legal tech, the question isn't whether AI will transform your practice—it's how quickly you'll adapt to stay competitive.

deepseek, legal, ai

Inside EVE Energy's $8.6 Billion Malaysia Bet: How Trade Tensions Are Reshaping Global Battery Manufacturing

June 30, 2025

China's 9th-largest battery manufacturer is making a massive Southeast Asian play with a new energy storage facility in Kulim, Malaysia. Strategic 2026 launch coincides with EU's Carbon Border Adjustment Mechanism EVE Energy isn't just expanding—they're strategically positioning for a post-trade-war world. Malaysia offers ASEAN tariff advantages, easier EU/US market access, and crucially, a separate "carbon passport" from Chinese production. This follows their Hungary facility (targeting BMW) and North American tech licensing deals. The pattern is clear: Chinese battery giants are going global, fast. With energy storage revenue nearly matching their power battery business (19.03B vs 19.67B yuan), EVE Energy is betting big on storage being the next growth frontier. Their 96.2% energy efficiency Mr.Big series is setting new industry benchmarks. As Chairman Liu Jincheng predicted: "Global top 10 battery companies will capture 85% market share." At 2.3% currently, this $8.6B gamble could be their ticket to the major leagues.

energystorage, cleantech, cleanenergy, sustainability

Capital Reshapes Autonomous Driving: Uber Founder Targets Pony.ai U.S. Unit, Nvidia Endorsement Fuels Cyngn's 294% Stock Surge

June 27, 2025

The autonomous driving sector is experiencing a pivotal moment as industry dynamics shift from pure technology development to commercial viability. Travis Kalanick's reported pursuit of Pony AI's U.S. operations marks a significant milestone, potentially bringing the Uber founder back to the self-driving space he was forced to exit in 2017. Meanwhile, Cyngn's dramatic stock surge following NVIDIA partnership validation shows how ecosystem integration is becoming as valuable as proprietary technology. The sector is clearly entering a "production-scale-determines-survival" phase. Companies that can demonstrate real-world deployment, cost optimization, and strategic partnerships are separating themselves from those still confined to testing phases. With China's NOA penetration projected to reach 14% by 2025 and regulatory frameworks finally catching up to technology capabilities, we're witnessing the transition from research and development to revenue generation. The winners in this next chapter won't necessarily be those with the most advanced algorithms, but those who can successfully navigate the intersection of engineering excellence and economic reality. The autonomous driving revolution is moving from the laboratory to the marketplace, and that shift is reshaping the entire competitive landscape.

automation, uber, nvidia, ai, robotaxi

After the Umbilical Cut: HONOR's Four-Year Evolution from Huawei Spinoff to IPO Independence

June 27, 2025

In November 2020, Huawei's founder told his departing Honor team: "Once we divorce, there should be no lingering attachments. We will treat Honor as a competitor." What followed was one of the most dramatic corporate transformations in recent memory. Today, Honor stands on the brink of becoming China's first AI ecosystem IPO—a remarkable journey from forced exile to market independence. With 13,000 employees who essentially started from scratch, Honor rebuilt everything: supply chains, technology stack, brand identity, and market position. The numbers tell a compelling story. After losing Huawei's Kirin chips and HarmonyOS support, Honor fought back to claim 19.5% market share by 2022. Now, with $10 billion committed to AI development over five years and breakthrough foldable technology launching next month, they're rewriting the playbook on corporate resilience. It's a masterclass in how Chinese tech companies are adapting to geopolitical headwinds, turning forced independence into competitive advantage. #Honor's transformation from "#Huawei's shadow" to "AI ecosystem pioneer" offers valuable lessons for any organization navigating disruption.

honor, ai

Jinko ESS Forges Landmark Partnership with Greece's Metlen for Grid-Scale Energy Storage Expansion

June 26, 2025

Jinko ESS and Greece’s energy leader Metlen have established a strategic framework to deploy over 3GWh of grid-scale storage projects in Chile and Europe. The collaboration builds on their active 1.6GWh Chilean project, where Jinko supplies its high-efficiency G2 5MWh liquid-cooled systems (94% RTE, ±2.5°C thermal control). As Jinko Energy VP Qian Jing states: “Solar-plus-storage is the foundational frontier for future growth. Scaling storage is critical to unlocking solar’s full potential in mature markets.” With Metlen’s 12.7GW green energy pipeline (2.6GW+ storage), this partnership accelerates grid resilience and renewable integration.

cleanenergy, sustainability, energystorage, cleantech

Galbot Secures Record-Breaking $150 Million in New Funding, CATL Leads Investment

June 25, 2025

has just announced a record-breaking RMB 1.1 billion ($150M USD) funding round, led by CATL! This landmark investment underscores the rapid advancement and strategic importance of embodied AI. With our wheeled dual-arm robot Galbot already demonstrating impressive capabilities in smart retail and industrial automation, this new capital will accelerate our mission to bring sophisticated embodied intelligence to more industries and homes globally. We're excited to deepen our collaborations, particularly with CATL in industrial applications, as we push the boundaries of what's possible in robotics.

catl, robotics, ai

Tesla's Inaugural Grid-Scale Energy Storage Project in Mainland China Kicks Off in Shanghai

June 25, 2025

Tesla's Megapack is officially making its mark on China's energy landscape. The groundbreaking RMB 4 billion grid-scale storage project in Shanghai's Lin-gang Special Area, utilizing Megapack products, underscores a major step towards a more resilient and sustainable energy future. This initiative highlights the critical synergy between advanced energy storage technology and strategic regional development, with Lin-gang poised to become a global hub for the industry. A true testament to innovation and collaboration in the clean energy transition. #Tesla #EnergyStorage #China #CleanEnergy #Megapack

cleanenergy, cleantech, sustainability, tesla, energystorage

China's Robotaxi Race Gains New Heavyweight Player as Battery Giant CATL Enters Autonomous Driving Arena

June 24, 2025

On June 23, CATL joined forces with mobility giant Hello Inc. and fintech conglomerate Ant Group to establish Shanghai Zaofu Intelligent Technology Co., Ltd., with registered capital of 1.288 billion yuan ($178 million). The consortium's initial investment exceeds 3 billion yuan ($415 million), targeting the development and commercialization of Level 4 autonomous robotaxis.

automotive, catl

SUPCON Secures $180M Industrial AI Contract for World's Largest Clean Coal Conversion Plant

June 24, 2025

SUPCON Technology has secured a $180 million contract to build the distributed control and safety systems for what will become the world's largest clean coal conversion facility. This 15-million-ton-per-year project by Shaanxi Coal represents a $24.2 billion national strategic initiative transforming coal from fuel to high-value chemical feedstock. What makes this particularly significant is the integration of industrial AI across the entire production chain, creating autonomous "self-perception, self-diagnosis, and self-decision-making" capabilities. The project builds on SUPCON's proven track record from the facility's Phase I operations, which earned recognition as a National Intelligent Manufacturing Demonstration Factory. When fully operational, the facility is projected to generate $18.4 billion in annual revenue while creating over 7,000 jobs. This represents a compelling case study of how advanced automation and AI technologies can modernize traditional heavy industry while supporting carbon neutrality goals. The convergence of industrial AI with large-scale energy infrastructure projects like this signals a significant shift in how we approach both energy transition and industrial digitalization.

cleanenergy, cleantech, sustainability, ai

SUPCON Secures $180M Industrial AI Contract for World's Largest Clean Coal Conversion Plant

June 24, 2025

SUPCON Technology has secured a $180 million contract to build the distributed control and safety systems for what will become the world's largest clean coal conversion facility. This 15-million-ton-per-year project by Shaanxi Coal represents a $24.2 billion national strategic initiative transforming coal from fuel to high-value chemical feedstock. What makes this particularly significant is the integration of industrial AI across the entire production chain, creating autonomous "self-perception, self-diagnosis, and self-decision-making" capabilities. The project builds on SUPCON's proven track record from the facility's Phase I operations, which earned recognition as a National Intelligent Manufacturing Demonstration Factory. When fully operational, the facility is projected to generate $18.4 billion in annual revenue while creating over 7,000 jobs. This represents a compelling case study of how advanced automation and AI technologies can modernize traditional heavy industry while supporting carbon neutrality goals. The convergence of industrial AI with large-scale energy infrastructure projects like this signals a significant shift in how we approach both energy transition and industrial digitalization.

cleanenergy, cleantech, sustainability, ai

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LATEST

Harvey Hits $5B Valuation as China's DeepSeek-Powered Legal AI Tools Challenge Western Dominance

Inside EVE Energy's $8.6 Billion Malaysia Bet: How Trade Tensions Are Reshaping Global Battery Manufacturing

Capital Reshapes Autonomous Driving: Uber Founder Targets Pony.ai U.S. Unit, Nvidia Endorsement Fuels Cyngn's 294% Stock Surge

After the Umbilical Cut: HONOR's Four-Year Evolution from Huawei Spinoff to IPO Independence

Jinko ESS Forges Landmark Partnership with Greece's Metlen for Grid-Scale Energy Storage Expansion

Galbot Secures Record-Breaking $150 Million in New Funding, CATL Leads Investment

Tesla's Inaugural Grid-Scale Energy Storage Project in Mainland China Kicks Off in Shanghai

China's Robotaxi Race Gains New Heavyweight Player as Battery Giant CATL Enters Autonomous Driving Arena

SUPCON Secures $180M Industrial AI Contract for World's Largest Clean Coal Conversion Plant

SUPCON Secures $180M Industrial AI Contract for World's Largest Clean Coal Conversion Plant

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