Despite higher sales, X posted a net loss of US$577.4 million in Q3, driven by restructuring costs.

Pony.ai posted Q3 revenue of US$25.4 million, up 72% year-on-year, while its net loss widened about 40% to US$61.6 million.

The facility will include commercial and office space as well as a residential tower, with construction set to begin in 2027.

He previously led Apple Korea from April 2018 to January 2022 and has held roles at Samsung Electronics and Microsoft.

He noted that Google could become a rival if Meta buys billions of dollars in tensor processing units (TPUs) from Google.

Founded in 2021, Hypershell develops wearable exoskeleton devices and has shipped products to over 70 countries.

Erad said the funds are intended for deployment through CMA-licensed direct financing funds managed by Erad Partners Capital.

The six AI avatars on Bitget represent various trading strategies, from hedging to momentum.

The authors note that China has yet to introduce a national AI law, although proposals outlining liability for AI misuse have been circulated.