Li Auto's chip and domain controller subsidiary, Mahe Xin Technology, has entered a first-round equity financing agreement worth CNY 1.625 billion (approx. US$243.33 million). The fundraising follows the automaker's recent opening of its in-house technologies to external customers, mirroring similar moves by other Chinese EV companies.

Market expectations for cloud AI demand have generally remained bullish through 2028-2029, with order visibility extending clearly over the next two to three years. The outlook for 2027 is therefore similarly positive.

HD Hyundai Robotics unveiled a dual-arm robot under development at FIX 2026 in Daegu, South Korea, on October 21, marking its first public showing as the company seeks to expand beyond conventional industrial automation into humanoid systems designed for factory work.

AMD and Intel plan to consolidate their PyTorch optimizations for x86 processors in oneDNN, aiming to give AI developers a common path to performance improvements across both companies' CPUs and reduce the work of maintaining separate software paths.

Qisda Group is targeting rack-scale AI opportunities in data centers by accelerating development of its rack-scale AI solutions. Through in-house design, manufacturing, and cross-domain integration, Qisda is bringing together Alpha Networks, Aewin Technologies, Arivor Technologies, and GrAndvance Technology to combine high-speed connectivity, modular computing, and advanced liquid cooling. Together, they are building flexible, scalable AI infrastructure, from individual equipment to complete rack-level systems.

China has established a new state-owned enterprise, National Data Group, headquartered in Xiong'an, Hebei province. Ding Xuexiang, a vice-premier of the State Council, attended its inauguration on October 20.

Executives from Chinese nickel producers plan to meet as early as October 20 to seek coordinated production cuts at Indonesian processing plants as weaker prices and rising costs pressure margins. The talks could affect global nickel and battery supply chains, but their timing and outcome remain uncertain amid ongoing policy challenges in Indonesia.

The AI infrastructure race is increasingly becoming a contest over who can turn electrical capacity, cooling systems, and hardware into usable compute the fastest.

Surging memory prices are forcing e-reader makers to raise prices, weakening demand and clouding E Ink Holdings' 2026 outlook. E Ink has cut its revenue-growth forecast, while Netronix expects shipments to remain flat. The companies are looking to electronic shelf labels, advertising displays, and products to offset pressure on consumer electronics.

Racing Electric Instrument (REI), which built its business on defense and aerospace motors, is expanding into the commercial unmanned vehicle market, targeting power systems for drones and robots. REI chairman Chieh-tsun Lai said the company's experience in designing, manufacturing, and validating motors for highly demanding defense and aerospace applications gives it advantages over conventional industrial motor suppliers.

Toppan Holdings and Japan's Keio University have completed a proof of concept for technology that combines quantum computers with generative AI to support manga and anime production, and have launched follow-up research. The research team generated images through quantum circuits and used AI for background completion, coloring, and resolution enhancement, demonstrating the feasibility of applying quantum technology to content production.