Tidalwave, whose AI agents automate mortgage docs checks and give real-time multilingual feedback to borrowers, raised a $22M Series A led by Permanent Capital (Fortune)

The Sequence Opinion #762 discusses the ongoing competition between the US and China in the open-source AI sector, highlighting the strategic implications of trillion-parameter models. The article emphasizes the importance of open models in shaping the future of artificial intelligence and the geopolitical landscape surrounding it.

Alibaba Group Holding Ltd. has commenced sales of its Quark S1 smart glasses in China, priced at approximately $537. These glasses are powered by Alibaba's Qwen AI models, marking the company's entry into the consumer hardware market. International versions are expected to be released in 2026.

BMW, GM, and various startups are innovating electric vehicle (EV) motors to reduce reliance on rare-earth materials, a critical component in current EV technology. This shift involves securing alternative supplies outside of China and exploring new motor and magnet technologies that minimize or eliminate rare-earth usage.

Shenzhen-based UBTech Robotics has secured a multimillion-dollar contract to deploy humanoid robots at select Chinese border crossings, aimed at guiding travelers and managing crowds during peak times. This trial project marks a significant step in integrating advanced robotics into public service roles.

UBTech has secured a $37 million contract to deploy humanoid robots along the China-Vietnam border, with deliveries set to commence in December. This initiative is part of a broader strategy to enhance technological presence in border security and industrial applications.

US-China collaboration in technology research has declined to its lowest level in 20 years, according to a study by an Australian think tank, indicating a significant shift in the global tech landscape. This decoupling is seen as a potential threat to innovation crucial for both national security and economic growth.

Venezuelan President Nicolás Maduro emphasized the strengthening of relations with China and Russia amid ongoing U.S. military pressure in the Caribbean, citing a supportive letter from Russian President Vladimir Putin. Maduro expressed confidence that Venezuela would navigate its challenges with dignity.

Earlier this month, fans gathered in a Guangzhou cinema to watch Demon Slayer: Kimetsu no Yaiba – Infinity Castle, which has become China's top-grossing foreign film of the year. The event showcased the popularity of anime, with many attendees dressing in cosplay to celebrate this cultural phenomenon.