China tightens algorithm governance to protect gig workers
The general offices of the Communist Party’s Central Committee and the State Council issued guidelines on Sunday to protect gig workers, including tighter oversight of internet platform algorithms. The guidelines urge platform operators to improve algorithm transparency and ensure workers have the right to know, participate in and choose algorithm rules. Platform operators must reasonably determine income distribution, pricing and estimated task durations by consulting trade unions and worker representatives. The rules also mandate regular audits, safety assessments and strict algorithm filings.
Moore Threads posts 155% revenue jump in first quarter
Chinese graphic processing unit developer Moore Threads Technology Co. Ltd. released its first-quarter financial report on Sunday. The company posted first-quarter revenue of 738 million yuan ($108 million), up 155.35% year-on-year, and swung to a net profit of 29 million yuan. The company attributed the revenue surge to the scaled commercialization of its full-function GPU products driven by continued research and innovation.
Pony.ai unveils Nvidia-powered autonomous driving domain controller
Autonomous driving startup Pony.ai Inc. launched a new autonomous driving domain controller co-developed with Nvidia Corp. on Saturday. Built on the Nvidia Drive Hyperion platform and supported by Nvidia Drive AGX Thor with NVLink technology, the domain controller is designed for Level 4 autonomous driving and broader commercial applications. The domain controller will support the next phase of commercialization for Pony.ai’s robotaxi business and enable the large-scale deployment of fully driverless operations.
China SmartData completes series B funding round
China SmartData, a Chinese developer of operating systems that power enterprise-level AI agents, said Monday it raised hundreds of millions of yuan in a series B funding round co-led by SinoKing Capital, Oriza Holdings’ investment arm and Wuxi Fund Park. Established in 2020, the company said it has made significant technological breakthroughs, accelerated commercialization of its products and expanded into overseas markets.
