Maase stock surges after announcing acquisition of Chinese AI firm

Investing.com -- Maase Inc. (NASDAQ:MAAS) stock surged 18% on Friday after the company announced plans to acquire Times Good Limited, which controls the operations of Huazhi Future Technology and its ...

MAAS Announces Transaction Agreement to Acquire Times Good, Establishing Full-Stack AI Ecosystem with Leading Computing Power and Algorithms

The transaction values Huazhi Group at approximately RMB1.1 billion. The consideration will be paid through a combination of shares and cash, consisting of (i) an aggregate 87,400,144 Class A ordinary ...
Modern Engineering Marvels on MSN

Automakers keep passing on Tesla FSD, and the reasons stack up

Tesla’s Full Self-Driving solution continues to look less and less like a must-license platform and more and more like a strategic fork in the road. When Elon Musk says that the traditional car ...
The Diplomat

China’s ‘Frugal Stack’ and Its Path to AI Diffusion

At a meeting in Beijing, the architects of China’s AI ecosystem outlined a new path to AI dominance – one that avoids U.S.