UBTech placement

UBTECH Robotics plans to raise HK$3.1 billion (US$400 million) through a share placement in Hong Kong, issuing 31,468,000 new shares at HK$98.80 each, an 11.4% discount from Nov. 24’s

close.

About 75% of the proceeds will go toward potential supply-chain investments, industry partnerships, or joint ventures, with 15% for business operations and new projects, and 10% for loan repayments.

UBTech has raised HK$4.4 billion via five share placements since August 2024, making this its sixth and largest fundraising. The Shenzhen-based company became the first robotics maker to list on the Hong Kong exchange in December 2023.

Tencent teams up

with Cartesia

TENCENT Cloud and Cartesia have formed a strategic partnership to enhance real-time voice AI experiences for enterprises and developers.

Cartesia, a San Francisco-based startup focused on voice AI, will integrate its Sonic 3 model with Tencent Cloud’s real-time communication infrastructure.

The combined technology aims to support low-latency, human-like voice interactions in over 40 languages, targeting sectors such as customer support, fintech, education, and entertainment.

A joint conversational AI demo has been launched to showcase the integration of Cartesia’s voice synthesis with Tencent’s communication platform.

Tencent Cloud operates a global network of over 3,200 nodes, while Cartesia develops speech synthesis using state space model architecture.

CXMT unveils new memory chips

CHANGXIN Memory Technologies (CXMT) unveiled new DDR5 DRAM chips at the China International Semiconductor Expo in Beijing, joining Samsung Electronics and SK Hynix in supplying advanced memory products.

The DDR5 chips can reach speeds of up to 8,000 Mbps with a maximum die capacity of 24 gigabits.