LimX Dynamics completed a pre-IPO round raising nearly $200 million at a reported $2.2 billion valuation as it prepares for a public listing. The move comes as China's robotics market swells to include hundreds of companies competing in humanoid and embodied AI technologies.
The pre-IPO round marks the latest step in LimX Dynamics' push toward commercialization.
Its robots target applications requiring advanced autonomy in dynamic settings.
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Chinese regulators have cleared Apple Intelligence for local deployment, allowing the on-device AI service to reach iPhones in the country for the first time. The rollout will draw on models from Alibaba and Baidu and follows a 24.4 percent year-over-year rise in iPhone shipments during the second quarter.
Google will allow US third-party app stores to access the Play catalog starting July 22 under the new Play Catalog Access Program. The change complies with the Epic Games court order while imposing $5,000 onboarding and annual fees plus US-only distribution rules.
ASML confirmed on July 15 that Intel Foundry shipped the first high-volume logic product made with High-NA EUV lithography for Panther Lake. The milestone advances commercial readiness of the technology while ASML prepares TSMC and Samsung for wider adoption.
