Pony AI Is Said to Plan Pricing Hong Kong Listing at HK$139

Seres Group Co., a Chinese electric vehicle manufacturer, has successfully raised HK$14.3 billion (approximately $1.8 billion) through its Hong Kong listing. This achievement, marked by pricing at the upper limit and increasing the deal size, highlights the growing investor confidence in the EV sector and positions Seres for future growth in a competitive market.

Meta's ambitious $70 billion investment in artificial intelligence has backfired dramatically, leading to an 11% drop in shares and erasing $29 billion from Mark Zuckerberg's wealth overnight. This shocking turn of events has sent ripples through Wall Street, raising concerns among investors about the company's future direction and the viability of its AI strategy. The situation highlights the risks associated with high-stakes investments in emerging technologies and serves as a cautionary tale for other tech giants.

Stablecoins are gaining traction as a reliable form of cryptocurrency, providing a bridge between traditional finance and the digital currency world. This guide explains what stablecoins are, how they work, and why they are important for investors looking for stability in the volatile crypto market. Understanding stablecoins can empower individuals to make informed financial decisions and navigate the evolving landscape of digital assets.

Alphabet and Amazon have seen a significant boost in their third-quarter profits, much to the delight of investors. This positive trend is largely attributed to the rising value of their investments in Anthropic, the company behind the popular Claude chatbot. This news is important as it highlights the growing influence of AI technologies in the market and how strategic investments can lead to substantial financial gains.

Exxon Mobil's shares are facing some pressure today, opening at around $114.69 as investors react to the company's third-quarter earnings report. This slight pull-back highlights concerns over the company's cash flow, which could impact future performance. It's a crucial moment for Exxon as it navigates market reactions and investor sentiment.

Apple's stock is facing significant challenges as a £1.12 billion tariff looms, the debut of Siri has been delayed until 2026, and revenue from China is declining. This combination creates a precarious situation for investors, raising concerns about the company's future performance and market stability.

Anthropic has raised an important point about the introspection capabilities of AI models. While these advancements could greatly benefit researchers by providing deeper insights into AI behavior, they also come with potential risks that need careful monitoring. As AI continues to evolve, understanding its self-reflective abilities will be crucial in ensuring safety and ethical use.

The latest review of Meta's second-generation Ray-Bans reveals that they significantly outperform the original model, showcasing advancements in smart glasses technology. This is exciting news for tech enthusiasts and consumers looking for innovative wearable devices. However, the competition remains fierce, as their top rival also impresses with similar features. This development is crucial as it highlights the growing market for smart eyewear and the potential for enhanced user experiences in the future.

In a recent exchange on social media, Sam Altman responded to Elon Musk's accusation of stealing a non-profit by emphasizing the importance of OpenAI's structure in achieving its ambitious goals. Altman believes that OpenAI is on track to become 'the largest non-profit ever,' highlighting the organization's commitment to advancing artificial intelligence for the benefit of humanity. This conversation underscores the ongoing tensions between the two tech leaders and raises questions about the future direction of AI development.

A new $99 gadget promises to prevent electrical fires in homes by simply being plugged in. This innovative device offers a sense of security for homeowners, addressing a common concern about fire hazards. Its simplicity and effectiveness could change how we think about fire safety, making it an essential addition to any household.

Pony AI Inc., a Chinese autonomous driving company, is reportedly planning to price its upcoming Hong Kong listing at HK$139. This move is significant as it reflects the company's strategy to attract investors in a competitive market, showcasing its potential for growth in the autonomous vehicle sector.

A developer has successfully pushed Python to handle an impressive 20,000 requests per second by integrating an async Python script with a Rust-based library and optimizing the operating system settings. This achievement challenges the common perception that Python lacks the capability for high-performance networking. Sharing the full code and test setup on GitHub, this breakthrough not only showcases the potential of Python when combined with other technologies but also opens new possibilities for developers looking to enhance their applications' performance.