economy

Ant Group is significantly expanding its investment in humanoid robotics, leading a $73.58 million funding round for Zeroth, marking its 12th investment in the sector since early 2025. This move highlights Ant's strategic pivot towards robotics and AI following regulatory challenges in its core financial services business.

Meta Platforms' announcement of plans to launch a cloud infrastructure business has boosted investor confidence, leading to a significant rise in its stock price. This move is seen as a strategic effort to monetize its substantial AI investments and compete with established cloud providers.

Palantir's CEO Alex Karp has criticized the token model used by AI companies Anthropic and OpenAI, highlighting rising costs and a shift in enterprise strategies towards more efficient AI solutions. This commentary underscores the growing concern over the sustainability of current AI pricing models and the competitive landscape with Chinese AI advancements.

Sony's PlayStation will cease physical disc production for new games starting January 2028, shifting entirely to digital formats. This decision reflects the growing consumer preference for digital media and could significantly impact the gaming market and retail landscape.