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London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, raised $135M, a source says at just under a $1B valuation (Kieran Smith/Financial Times)

Kieran Smith / Financial Times : London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, rai...

3 January 2025

China plans to extend its national consumer subsidies to smartphone, tablet, and smartwatch purchases to boost domestic spending as external headwinds pick up (Bloomberg)

Bloomberg:
China plans to extend its national consumer subsidies to smartphone, tablet, and smartwatch purchases to boost domestic spending as external headwinds pick up  —  - Expanded trade-in program to cover also tablets, smartwatches  — Beijing last month made boosting domestic demand top priority

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