Welcome to our dedicated page for CreateAI Holdings news (Ticker: TSPH), a resource for investors and traders seeking the latest updates and insights on CreateAI Holdings stock.
TuSimple Holdings Inc. (TSPH) delivers cutting-edge autonomous driving solutions for long-haul freight while pioneering generative AI applications in creative industries. This dedicated news hub provides investors and industry professionals with verified updates directly from the company and trusted financial sources.
Access official press releases, financial disclosures, and strategic partnership announcements in one centralized location. Track developments in SAE Level 4 autonomous trucking technology, regulatory compliance milestones, and innovative AI implementations in animation and digital content production.
Key updates include earnings reports, technology patent filings, safety certifications, and cross-industry collaborations. Our curated feed ensures you stay informed about TSPH's dual focus: transforming global logistics through autonomous transport while expanding AI's creative potential in entertainment sectors.
Bookmark this page for real-time updates on TuSimple's advancements in AI-powered freight optimization and generative content solutions. Regularly refreshed content provides comprehensive insights for informed decision-making across both transportation and technology innovation landscapes.
Animon has launched Animon.ai, the world's first anime-specific AI video generation platform, developed in collaboration with leading Japanese anime producers. The platform, introduced on April 24, 2025, represents the first native AI video generator tool launched in Japan.
The platform features a subscription-based model offering unlimited video generation, moving away from traditional token-based pricing. Animon.ai is designed to serve both beginners and professional directors, providing capabilities for high-quality outputs with dynamic motion, detailed lighting, and narrative depth.
The platform aims to democratize anime creation by removing financial barriers and fostering a global creator community. Following successful testing, Animon.ai is now officially available at Animon.ai.
CreateAI Holdings Inc. (OTCMKTS: TSPH), formerly TuSimple Holdings, announced a proposed settlement of shareholder derivative actions pending in California and Delaware courts. The settlement includes a $42.5 million cash payment to be paid into an escrow account, which will ultimately be transferred to the company after deducting attorneys' fees, expenses, and taxes.
The settlement acknowledges the actions' role in amending the Amended and Restated Cooperation Agreement with Mo Chen and confirms the binding Mutual Confidentiality Agreement between TuSimple and Hydron. The Settlement Fairness Hearing is scheduled for July 9, 2025, where the court will determine the settlement's fairness and consider attorneys' fees.
Stockholders holding shares as of July 9, 2025, may object to the settlement by June 18, 2025. As this is a derivative action, the cash recovery will benefit the company directly, with no direct payments to individual stockholders.
CreateAI (TSPH) and Chinese-Canadian singer Kelly Yu have collaborated to create the world's first AI-generated music video for her song 'Werewolf'. The groundbreaking project combines human direction with generative AI technology, resulting in a three-and-a-half-minute video featuring refined dance moves and consistent facial characteristics.
The video showcases a dark fairy tale theme with elements of castles, forests, werewolves, and romance. By leveraging CreateAI's technology, the production time was reduced by 50% and saved millions in RMB development costs. The video will be distributed across major music streaming platforms and is being considered for the Beijing International Film Festival.
CreateAI Holdings (OTCMKTS: TSPH), formerly TuSimple Holdings, announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from Steel Partners Holdings L.P. and Camac Partners The proposal, received on November 27, 2024, offered to acquire all remaining shares at $0.46 per share.
The Board determined the offer significantly undervalued the company and was not in the best interests of shareholders. Board Chairman Cheng Lu emphasized the company's commitment to long-term value creation through its strategy of developing generative AI technologies and applying them to digital entertainment content production.
CreateAI Holdings (OTCMKTS: TSPH) held its 2024 Annual Meeting of Stockholders on December 20, 2024. The meeting had a quorum with 207,347,538 shares represented, out of 232,618,399 total outstanding shares. Six directors were elected to serve until the 2025 annual meeting: Cheng Lu, Mo Chen, James Lu, Zhen Tao, Albert Schultz, and Jianan Hao.
A proposal to classify the Board into three classes with staggered terms was not approved. The appointment of UHY LLP as the independent registered public accounting firm for FY2024 was ratified. Notably, there's ongoing litigation in Delaware Court of Chancery regarding voting control between White Marble entities and Mo Chen, which could affect the Board classification proposal's outcome.
TuSimple Holdings Inc. (OTCMKTS: TSPH) has announced a partnership with Shanghai Three Body Animation Co. to develop an animated feature film and video game based on the science fiction novel series 'The Three-Body Problem'. This marks TuSimple's expansion into generative AI applications for animation and video games, leveraging its existing AI capabilities developed for autonomous driving.
The company's new business segment, approved by its Board of Directors, aims to commercialize TuSimple's technology in the $600 billion global animation and video game market. TuSimple plans to use its generative AI technology, including large models with transformers and neural radiance fields, to enhance the production process and potentially shorten development timelines in the industry.
TuSimple Holdings (OTCMKTS: TSPH), a global autonomous driving technology company, announced a settlement with the Committee on Foreign Investment in the United States (CFIUS) regarding events from 2022. These included temporary vacancies in key security positions and potential improper transfer of intellectual property under a national security agreement. The settlement resolves these issues without TuSimple admitting any fault. CEO Cheng Lu emphasized the company's commitment to compliance and future development.
TuSimple Holdings Inc. announced the appointment of Albert Schultz and Jianan Hao to its Board of Directors. Schultz, an independent director with extensive experience, will enhance governance practices. Hao, the COO, will provide valuable insights for growth. The Company also announced the transition of Mike Mosier off the Board.
