Krypton Evening News | The nation's first pre-inspection warehouse for cross-border e-commerce exports is put into use; Amazon Web Services says it is still working to restore network services in the UAE; The National Consumption Promotion Month in 2026 kicks off.
Large Companies:
Amazon Spends Over $400 Million to Acquire Campus of Well - known US University for AI Construction
On the 2nd, George Washington University in the United States said that Amazon spent $427 million to acquire its Virginia Science and Technology Campus to accelerate the construction of artificial intelligence (AI) infrastructure.
Hongguo Short Drama Has Registered Copyrights for Multiple Novel - Related Software
36Kr learned that on March 3rd, the Aiqicha App showed that Beijing BimoliuXiang Technology Co., Ltd., the affiliated company of Hongguo Short Drama, has filed for the record of websites such as "Novel Quick Application", "BimoliuXiang", and "Hongguo Official Website". It is worth mentioning that the company has registered copyrights for multiple novel - related software such as "Zuikan Novel", "Chajian Novel", and "Cuiguo Novel".
On March 3rd, it was reported that Mark Zuckerberg, the founder of Meta Platforms, and his wife bought a mansion on a private island in Biscayne Bay, known as the "billionaire's sanctuary" in Miami, for $170 million. This property set a record for the most expensive residential transaction in Miami - Dade County, Florida, USA. Previously, there were reports that California in the United States is promoting a referendum to propose a one - time 5% "billionaire tax" on billionaires with over $1 billion in assets. This tax proposal will target about 200 California residents with a net worth of over $1 billion. Currently, there is no such tax in Florida.
Amazon Web Services Says It's Still Working to Restore Network Services in the UAE
On March 2nd local time, Amazon Web Services (AWS) announced that it is continuously promoting the restoration work of two damaged availability zones in the ME - CENTRAL - 1 region. Currently, the AWS management console has partially restored access functions, but some pages will still not load properly until the core services and power supply are fully restored. While restoring power and reconstructing the system, AWS is making every effort to restore access to tools and utilities so that customers can back up and migrate data. There is currently no latest guidance on the restoration time, and it is expected to take at least one day to fully restore power supply and network connection.
New Products:
Horizon HSD Is Installed in iCAR V27
36Kr learned that on March 3rd, iCAR and Horizon jointly held an intelligent driving technology press conference, which for the first time comprehensively demonstrated the assisted driving capabilities of the new mass - produced model iCAR V27 equipped with Horizon HSD (Horizon SuperDrive™️, a full - scenario assisted driving system). The iCAR V27 is equipped with the Horizon Journey 6P chip, with a single - chip computing power of 560 TOPS and 27 high - precision sensors.
Tencent Appbao Launches a Cross - platform Open Platform
36Kr learned that on March 3rd, to address the core challenges faced by developers, such as poor experience consistency and high development costs, Appbao launched a cross - platform open platform, providing a native engine and commercialization solutions. Currently, the Appbao section has been launched in the Chinese version of the Microsoft Store, introducing more than 40,000 mobile applications. The cross - platform capabilities of Appbao have also extended to in - vehicle and XR scenarios, with the cumulative installation volume exceeding 3 million and 1 million units respectively.
Investment and Financing:
Xiaoyu Zhizao Completes Hundreds of Millions of Yuan in Series B Financing
36Kr learned that on March 3rd, Xiaoyu Zhizao, a general embodied intelligent technology company, announced the completion of hundreds of millions of yuan in Series B financing. This round of financing was led by Huaye Tiancheng, with CMB International, Moutai Fund, and Guizhou Science and Technology Innovation Angel Fund participating in the follow - on investment. Existing shareholders Didi and Li Wanqiang, the co - founder of Xiaomi, also made additional investments. Qiao Zhongliang, the founder of Xiaoyu Zhizao, said that this round of financing will be used to increase investment in embodied large models, continuously layout industrial scenarios, and carry out strategic cooperation with supply - chain enterprises to accelerate mass production.
Today's Views:
Morgan Stanley Says Tesla's FSD Will Face Direct Competition from XPeng
On March 2nd, XPeng Motors held a media experience day for its second - generation VLA and announced that the second - generation VLA push will officially start this month. Regarding the amazing performance of XPeng's second - generation VLA, several global leading securities firms, including Morgan Stanley, Bank of America, and HSBC, gave a "buy" rating. Morgan Stanley said that "XPeng's second - generation VLA is a bold leap" and "Tesla will face more competition from Chinese companies like XPeng, which have the ability to compete with its autonomous driving technology in the global market in the future". Previously, JPMorgan Chase increased its long position in XPeng Motors from 6.38% to 7.04%. Soon, XPeng's second - generation VLA will start global road tests and is planned to start global deliveries in 2027.
Other Noteworthy News:
Beijing Has Completed the Filing of 217 Generative AI Services
36Kr learned that according to the WeChat official account "Wangxin Beijing", as of March 3rd, 2026, Beijing has added 1 generative AI service that has completed the filing, with a total of 217 generative AI services having completed the filing according to the "Interim Measures for the Administration of Generative AI Services".
The National Consumption Promotion Month in 2026 Kicks Off
36Kr learned that according to the Ministry of Commerce, on March 2nd, the National Consumption Promotion Month in 2026 and the Beijing - Tianjin - Hebei Consumption Season were launched in Tianjin. The Ministry of Commerce earnestly implements the decisions and deployments of the Party Central Committee and the State Council, adheres to the strategic basis of expanding domestic demand, adheres to the dual - wheel drive of "policies + activities", deeply implements the special action to boost consumption, continuously builds the "Shopping in China" brand, and promotes the construction of a strong domestic market. As a key special event of "Shopping in China", the National Consumption Promotion Month in 2026 and the Beijing - Tianjin - Hebei Consumption Season will further optimize the implementation of the policy of trading in old consumer goods for new ones, deepen the pilot work of new consumption formats, models, and scenarios, the construction of an internationalized consumption environment, and prize - winning invoices, strengthen regional consumption coordination among Beijing, Tianjin, and Hebei, expand the supply of high - quality goods and services, promote the first - launch economy, healthy consumption, green consumption, and intelligent consumption, and promote the multi - scenario integration of business, tourism, culture, sports, and health to better meet diverse and high - quality consumption needs.
The First Cross - border E - commerce Export "Pre - regulatory Warehouse" in China Is Put into Use
On March 2nd, the first cross - border e - commerce retail export "pre - regulatory warehouse" embedded in the production and operation links of an e - commerce platform in China was officially put into operation in Weihai, Shandong. On the morning of March 2nd, in the logistics warehouse of an e - commerce platform in the Lingang District of Weihai, Shandong, the staff were packing and sorting cross - border e - commerce export packages. These packed packages then entered the customs cross - border e - commerce retail export "pre - regulatory warehouse" to go through customs clearance procedures. In just a few seconds, the goods can complete the declaration and release, and then be packed on - site and shipped abroad on an international liner that night.