Lei Jun

New Business

Explainer | How tech start-up DeepSeek emerged as the unlikely game changer in US-China AI war

The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built…

Read More »
Tech

Xiaomi’s first EV pulls in US$900 million in second quarter

Xiaomi delivered 27,307 SU7s in the three months through June, with the EV business generating a net loss of 1.8…

Read More »
Tech

Xiaomi to adopt Google’s Gemini AI model on next flagship smartphone for overseas markets

“Thrilled to collaborate with Google on upcoming Xiaomi flagship devices for international markets,” Xiaomi founder, chairman and chief executive Lei…

Read More »
Tech

Xiaomi buys US$116 million site for electric car production in Beijing

Chinese tech company Xiaomi has purchased a plot of land in Beijing for 842 million yuan (US$116 million) to expand…

Read More »
Tech

Huawei sanctions shrink founder Ren Zhengfei’s wealth while Xiaomi CEO Lei Jun’s net worth doubles

US sanctions on Chinese telecommunications giant Huawei Technologies have eaten into founder Ren Zhengfei’s personal wealth, even as opportunities in…

Read More »
Tech

Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

Read More »
Back to top button