China’s Top Companies Focus on AI Agents as Next Battleground

Peloton Interactive Inc. has reported sluggish sales for its new artificial intelligence-powered exercise equipment, which was anticipated to drive a significant turnaround for the company. The lackluster performance raises concerns about the effectiveness of the new product line in revitalizing consumer interest and sales momentum.

Google has emerged as a formidable player in the global artificial intelligence landscape, marking a significant shift since the launch of ChatGPT three years ago, which had previously positioned the company as lagging behind its competitors. The recent advancements in AI technology, particularly with the rollout of its new model, Gemini 3, have showcased Google's renewed commitment to innovation in this high-stakes arena.

Google’s Tensor Processing Units (TPUs) are emerging as a strong competitor to Nvidia’s dominance in the artificial intelligence chip market, as customers express a desire for more alternatives. This shift indicates a growing recognition of Google’s capabilities in AI technology.

China has launched an emergency mission to its space station, responding to the urgent need to ensure the safety of astronauts currently stationed there. This mission underscores the country's ongoing commitment to its space program and the operational integrity of its space station.

Poland is preparing to introduce a digital services tax in early 2026, aimed at taxing online platforms to create a more equitable environment for local businesses competing against foreign firms that currently face no such levies in the country.

Ant Group Co. reported a 10% increase in quarterly profit, attributed to enhancements in its artificial intelligence capabilities, including AI models, humanoid robots, and healthcare initiatives. This growth reflects the company's strategic focus on leveraging technology to expand its market presence.

Alibaba Group Holding Ltd. reported a significant 34% growth in its cloud business, driven by substantial investments in consumer subsidies and data centers aimed at capitalizing on the AI boom, despite a notable decline in overall profit. This growth reflects the company's strategic focus on enhancing its AI capabilities and market presence.

Sword Health's CEO has described the company's potential initial public offering (IPO) as 'boring' for the time being, despite achieving a valuation of $4 billion. The 41-year-old founder expresses a clear ambition to pursue innovative paths rather than traditional routes to public markets.