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AI & Enterprise

UBS says China big tech to reap AI investment gains within 2-3 years

China\'s internet giants are likely to capture a larger share of artificial intelligence profits within 2 to 3 years, UBS said. It expects pricing power to shift from upstream chip and infrastructure players to downstream internet platforms as supply constraints ease. The view comes as Tencent and Alibaba ramp up AI spending, weighing on cash flow. UBS also highlighted cost efficiency in China’s AI sector, citing lower training and API costs than global peers.

Industry

China\'s auto industry bets on humanoid robots as next growth engine, following Tesla

Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.

Games & Commerce

Nexon steps up Dungeon Fighter IP expansion with classic, idle and 3D action titles

Nexon is accelerating expansion of its Dungeon Fighter intellectual property, even as second-quarter franchise revenue fell 44 percent from a year earlier. Chairman Patrick Soderlund said the game is undergoing a year of reorganisation and the company is prioritising the right direction over speed. Nexon is preparing new titles including Dungeon Fighter Classic, Project Overkill and Dungeon and Fighter: Arad, while boosting content updates and staffing at developer Neople.