GoKawiil
Tech News
Prosecutors in Keelung, Taiwan have indicted nine people, including employees of Nvidia and Super Micro, for allegedly conspiring to illegally export high-end AI servers to China. Officials say the group knowingly circumvented the companies' export compliance procedures for personal profit, raising corporate compliance costs and damaging Taiwan's international standing.
Shein filed to raise as much as HK$13.86 billion (about $1.77 billion) by selling roughly 280 million Class B shares priced between HK$47.60 and HK$49.50 apiece, implying a valuation near $27 billion at the top end. Pricing will be finalized August 31, with trading set to begin September 1, following Chinese regulatory approval after earlier listing attempts in London and New York fell through.
China's space agency announced it has scrubbed the planned 2025 launch of its Chang'e 7 lunar south pole mission from the Wenchang Space Launch Site, citing that conditions for launch had not been met. The mission, comprising an orbiter, lander, rover and hopper probe atop a Long March 5 rocket, was likely delayed due to Typhoon Narra churning near Hainan island, though officials gave no official cause.
Between late 2016 and August 2026, China brought 27 new nuclear reactors online, while the United States added only two in the same period. MIT nuclear engineering professor Jacopo Buongiorno notes that China has become the global leader in building nuclear power plants, part of a broader strategy to support its shift toward a fully renewable grid.