Morning Brief | Cambricon Turns Profitable in 2025; Tesla and xAI Collaborate on Agent Development; Department of Justice to Accelerate Legislative Research on Artificial Intelligence and Other Fields

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Caixin News

Cambrian achieves profitability in 2025

On the evening of March 12, Cambrian (688256.SH) released its 2025 annual report, with operating revenue of 6.497 billion yuan, a year-on-year increase of 453.21%; net profit attributable to shareholders of the listed company was 2.059 billion yuan, compared to a loss of 452 million yuan in 2024, turning a profit. The company plans to distribute a cash dividend of 15 yuan (tax included) per 10 shares to all shareholders, and to transfer 4.9 shares for every 10 shares from capital reserve to all shareholders.

LeapStar launches “Leap Lobster” StepClaw

On March 12, the large model startup LeapStar announced the launch of “Leap Lobster” StepClaw. StepClaw is a cloud-based AI assistant built on OpenClaw, supporting one-click deployment and invocation within the Leap AI app, available 24/7. To attract users, starting today, StepClaw offers 50,000 free one-click deployment and experience slots, limited to one month free.

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