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AI & Enterprise

U.S.-China AI race hard to win alone as South Korea, Japan roles stand out

The United States and China will struggle to gain an edge in the race for AI leadership without relying on other countries’ technology and supply chains, an analysis said. Matty Zhao of Bank of America Global Research said the global tech supply chain is deeply intertwined. He cited China’s dependence on foreign advanced chips and some materials, and U.S. constraints from an ageing power grid and rising electricity concerns tied to data centres.

Industry

CATL develops battery for U.S. electric pickups; automakers already testing

China's battery maker CATL has developed a dedicated battery for the U.S. electric pickup truck market, with U.S. automakers already testing it, according to reports. The company designed a taller battery to suit pickup structures and payload needs and is considering entering the market by licensing technology to local manufacturers rather than building plants. CATL has not disclosed specifications or timelines, and no adopters have been confirmed. Politics and regulation remain key obstacles.

Mobility

Saudi Arabia moves to build auto industry, unveils 1,111-hp Exobot EV

Saudi Arabia is moving to foster its auto industry through Ceer, its first domestic full-vehicle maker. Ceer unveiled two electric models, the Exobot sedan and SUV, positioning them as part of Vision 2030. The company plans to expand its lineup to seven models by 2030, including hybrids. It is focusing first on the GCC while developing vehicles for fast certification in Europe and North America. Ceer highlighted performance, digital features and local production plans near Jeddah.