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Industry

China opens door to private satellite IoT with commercial trial approval for Geely affiliate GeeSpace

China has granted Geely-affiliated space company GeeSpace approval for the country’s first commercial trial of private satellite Internet of Things services. The Ministry of Industry and Information Technology gave Zhejiang GeeSpace Technology a two-year trial period, enabling it to provide low-power, wide-area connectivity for sectors including smart transport, marine fisheries, energy and water infrastructure. The ministry called satellite IoT an important complement to broadband satellite services and said the trial could spur more private participation.

Industry

China\'s SpaceSail raises 1.4 trillion won to speed up race to catch up with Starlink

China\'s satellite internet startup SpaceSail has raised about 7 billion yuan, or roughly 1.4 trillion won, to accelerate expansion of its low-Earth orbit satellite network, South China Morning Post reported. The Series B funding values the company at about 50 billion yuan and involved 18 investors. SpaceSail has rapidly increased its satellite count, but remains far behind Starlink. It has also begun overseas expansion, including regulatory approval in Brazil.

AI & Enterprise

AI context layers meant to curb wrong answers linked to higher error reporting

Companies that introduced governance-based context layers to prevent AI agents from producing wrong answers are reporting a higher rate of errors, a report cited by VentureBeat showed. Over the past six months, 68 percent of companies said confident AI-agent answers were wrong because company-related information was missing or incorrect, up from 57 percent in June. The share running governance layers rose to 32 percent from 25 percent, while repeated errors were also more common.