Beijing to Build the World's First National Humanoid Robotics Competition and Training Base; Industrialization of Humanoid Robots Continues to Accelerate

① Beijing released the 'Action Plan for Accelerating the High-Quality Development of the Beijing Olympic Center Area (2025-2027)' on the 4th. The Action Plan indicates that Beijing will establish the world's first national humanoid robotics competition and training base in the Olympic Center Area. ② A research report by Caitong Securities pointed out that companies such as Unitree Robotics and Ubtech Robotics have already secured substantial batch orders, and the industrialization progress of humanoid robots is continuously accelerating.

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Bloomberg: Senators are attempting to block NVIDIA from selling top-tier artificial intelligence chips to China.

A proposal named the Secure and Feasible Exports Act, jointly introduced by two parties, would mandate the Department of Commerce to suspend chip exports to adversary nations, including China and Russia, for a minimum period of 30 months. Any processors with performance exceeding those already approved for export to these countries will be subject to the provisions of this act, including chips from AMD and Google, the latter being under Alphabet Inc. Just one day after the introduction of the Secure and Feasible Exports Act (SAFE Act), NVIDIA CEO Jensen Huang held a closed-door meeting with Republican members of the Senate Banking Committee, which has jurisdiction over export control programs. On Wednesday, Huang also held a private meeting with President Donald Trump, stating that they discussed issues related to export controls but declined to disclose specific details.

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'Data Center Firm Fluidstack In Talks For $7 Billion Valuation; Google In Talks About Possible Investment, Person Familiar Says' - Bloomberg News

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Microsoft announces price increases for Office commercial subscriptions, with a 33% rise for frontline worker products.

Microsoft announced that it will raise the prices of its Office productivity software for commercial and government customers starting July 1 next year. This marks the company's second adjustment to its commercial subscription pricing since 2022, with some enterprise-level plans increasing by more than 10%. Notably, the price increase does not include the $30-per-month Microsoft 365 Copilot artificial intelligence assistant service.

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How America's High-Income Splurge Is Quietly Propping Up Service-Sector ETFs

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