Kingsoft Cloud (03896.HK) said on its website it will raise prices for AI compute-related products and services by about 15%-50% and file storage products by about 30%-50%, citing rising global AI compute demand and higher hardware costs. Changes take effect 00:00 Beijing time on July 12, 2026. Existing orders are unchanged for the current billing cycle; new prices apply from the next billing cycle.

European Commission provides EUR 540 mln in fiscal aid and support to help farmers address fertilizer issues.

Jiangsu University and Loongson Technology have taped out Nongxin‑1, billed as China’s first agricultural SoC based on the Loongson architecture. The chip is targeted at precision agriculture, smart greenhouses and intelligent farm machinery and is designed to reduce reliance on imported chips, improve environmental adaptability and interface compatibility, supporting stable operation under high‑intensity and harsh conditions.