Lenovo reports Q3 revenue up 18% YoY to $22.2B on strong PC sales ahead of expected memory price hikes and rising AI server demand; net income fell 21% to $546M (Bloomberg)
Ant, which elevated its health unit to the same level as Alipay and its lending businesses, is betting on AI-powered healthcare to fuel its next phase of growth (Bloomberg)
Chinese robotaxi operator Pony AI and Toyota begin commercial production of an autonomous Toyota bZ4X; Pony AI aims to have 3,000+ robotaxis by the end of 2026 (Chester Dawson/Bloomberg)
Chinese AI companies like Alibaba and Tencent are releasing new models and spending millions on "red envelope" freebies to woo users ahead of the Lunar New Year (Cissy Zhou/Nikkei Asia)
French President Emmanuel Macron says the US could retaliate against EU countries, including France and Spain, over plans to ban children from social media (Leila Abboud/Financial Times)
China says its trade surplus from digital services rose 100%+ to a record $33B in 2025, boosted by overseas revenue of AI, livestreaming, and e-commerce (Bloomberg)
This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Meta, potentially forcing stock buyback cuts or more borrowing (Martin Peers/The Information)