Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia

Chinese driver-assist startup announces 0 million in funding, touts ‘deep cooperation’ with Nvidia

Key Points

Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia.
Pitchbook data showed Chinese company Great Wall Motor led the investment.
The startup is also in “deep cooperation” with Nvidia, Maxwell Zhou, CEO of DeepRoute.ai, told reporters Tuesday in Mandarin, translated by CNBC.

Source

Finance

Stocks making the biggest moves premarket: Baidu, Wayfair, Tesla, Taiwan Semiconductor & more

January 2, 2026

Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to […]

Finance

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched

January 1, 2026

Key Points Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500’s 10.4%. As Buffett relinquishes the helm, investors are increasingly focused on what disappears with him. Source

Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

December 31, 2025

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]