lay-offs

New Business

Baidu-backed Chinese EV maker Jiyue to cut operations, payroll to survive brutal race

Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh…

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Tech

Intel launches new chip to power Chinese carmakers’ advanced in-vehicle AI initiatives

Intel has launched a new graphics processing unit (GPU) for cars in mainland China, as the US chip giant doubles…

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