OpenAI's new GPT-5.6 models (Sol, Terra, Luna) emphasize cost-efficiency, with Terra and Luna offering significant price reductions. Despite these cuts, OpenAI's flagship and mid-tier models remain more expensive than leading Chinese AI competitors.
Cummins India is accelerating investments in battery-electric, fuel blending, and hydrogen technologies to ensure growth beyond 2030 and address intensifying Chinese competition. The company is also strengthening supply chains against geopolitical risks and eyeing opportunities in India's data center sector.
Alibaba Group has cut prices for its Qwen AI models by up to 80% on its Qoder coding platform, aiming to attract global developers, particularly in the US, and compete with rivals like Anthropic and Zhipu AI. The "off-peak" discount is strategically timed for American workdays.
Washington's decision to block foreign access to Anthropic's advanced AI model, Claude Fable 5, has led to a global suspension and prompted businesses to reconsider reliance on US tech, creating an opening for Chinese competitors like Zhipu AI.
European carmakers are reintroducing small electric cars, moving away from large SUVs. Improved battery tech and lower manufacturing costs enable models like the Renault Twingo E-Tech, aiming to navigate narrow city streets and compete with Chinese manufacturers.
Stellantis will invest €1 billion in its Mulhouse factory to produce three new Peugeot electric or hybrid models starting in 2029. This move supports Peugeot's position in the European market and aligns with Stellantis' broader €60 billion strategy.
European carmakers are selling semi-idle factories to Chinese competitors like BYD and Geely, potentially leading to a loss of control over manufacturing bases. This trend allows Chinese firms to bypass EU tariffs and "Made in Europe" rules, while European companies aim to avoid costly plant closures and job losses.
Stellantis announced plans to launch four new electric vehicles in 2027, leveraging Chinese technology from its joint venture with Dongfeng. The European carmaker will invest US$130 million of a combined US$1.18 billion budget for mass production, with some models slated for export.
Samsung Electronics’ surprise leadership reshuffle in its TV division points to a strategic pivot away from a hardware-led model, analysts have said, as intensifying competition from Chinese rivals pushes the company to rethink how it generates revenue beyond television sales. The South Korean tech giant on Monday appointed Lee Won-jin, former head of its global marketing office, to lead the visual display business. Samsung said Lee was “expected to spearhead business turnarounds and identify...
Mistral AI released Mistral Medium 3.5, a 128-billion-parameter model with agentic features, on April 29. The Paris-based lab faces criticism for pricing ($1.50/M input, $7.50/M output tokens) that exceeds open-source competitors like Alibaba's Qwen 3.6 while scoring lower on benchmarks. Despite backlash, Mistral positions itself as the only non-Chinese open-weight model with enterprise appeal for European GDPR compliance and self-hosting.
The European Commission's services are sizing up tools to counter Chinese rivals, including the Anti-Coercion Instrument. But despite mounting pressure from Beijing, the issue is still in its early stages — and EU member states remain divided.
The administration of Donald Trump has threatened action to shield the US artificial intelligence industry from being “distilled” by Chinese rivals, in a move analysts say could weed out weaker players in China’s AI sector within a year. In a memo released on Thursday, Michael Kratsios, the science and technology adviser to the US president, warned that “surreptitious, unauthorised distillation campaigns” were enabling foreign entities – mainly in China – to release models that appear to match...
Foreign automakers GM, Hyundai, and Nissan unveiled new electric vehicles at the Beijing auto show featuring advanced driver-assist technology co-developed with Chinese startup Momenta. Cadillac launched the VISTIQ luxury SUV priced at $68,000, while Hyundai officially introduced its IONIQ brand. The moves come as foreign brands struggle in China's EV market, with Nissan down 47% and Cadillac down 39% versus 2019 sales, while BYD dominates with 2.26 million global EV sales.
