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The power architecture of data centers is at a historic turning point. As GPU rack power density leaps toward the 600kW range, the 800VDC direct current distribution revolution driven by physical laws has evolved from internal experiments by hyperscale cloud providers into an industry-wide systemic reconstruction that cannot be avoided.

``` Author | Zhou Zhiyu Over the past two years, Chinese car companies have intensively adjusted the capital structure of their brands. Geely completed the privatization of Zeekr and consolidated Lynk & Co., Changan promoted independent financing for Deep Blue, and Seres has also accelerated its operations. On May 25, Seres announced

The unlimited expansion of AI computing power is hitting a real wall—electricity. According to Chasing Wind Trading Desk and Bank of America’s latest research report, as NVIDIA’s GPU platforms iterate, data center cabinet power consumption will surge from 10-15 kW for traditional servers to over 1.5

``` Yatsen is moving further away from the label of "Perfect Diary's parent company." On May 26, Yatsen disclosed its Q1 2026 results: total net revenue for the quarter reached 1.02 billion RMB, up 22.5% year-on-year; gross margin increased to 80.2%, remaining at a

``` Under the pressure of large-scale outflows of retail funds to similar overseas products, Korean regulators have completed a major policy shift, and the first batch of single-stock leveraged ETFs will officially be listed on May 27. 16 leveraged and inverse ETFs based on Samsung Electronics and SK Hynix, with 2x

``` SpaceX is about to go public, but the corporate governance provisions disclosed in its prospectus are raising strong alarms among Wall Street and institutional investors. The aerospace giant, with an expected valuation of $1.75 trillion, has designed an extremely management-friendly control structure for Elon Musk, making him almost impossible