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Alibaba Invests 8 Billion HKD in AI: Nearly 3 Times Over-subscribed, Joseph Tsai and Wu Yongming Also Invest

Alibaba priced an HK$80bn (US$10.2bn) placement on Aug 24, with net proceeds to fund full-stack AI and infrastructure. Nearly 3x oversubscribed, demand exceeded HK$200bn; sovereign and long-only funds took over 40%, with Middle East, Europe and Asia sovereign funds active. Chairmen added ~HK$120m.....

6 days ago13.1K

Phones Are Getting Smarter! Google Is Testing Gemini-Powered Accessibility Features for Pixel 11

Google is developing an experimental "Device Help" feature for Pixel 11 series, powered by Gemini, to intuitively solve phone usage issues. It is located at the bottom of the plus menu in the Gemini app, currently in testing for some users.....

6 days ago10.1K

Oura to Pursue US IPO, Smart Ring Company Valued Up to $16 Billion

Smart ring maker Oura plans a US IPO as early as next month, raising up to $3 billion at a valuation over $16 billion. Based in San Francisco and Finland with 900+ employees, many existing investors are expected to sell shares, up from a $10.9 billion valuation in September.....

6 days ago9.6K

Global First Cooking AI Foundation Model Trained on Real Data Released, Cooking Robots Enter a New Era of Embodied Intelligence

On Aug 23, Oak Deer Robotics launched CookingMuse, the world's first multimodal cooking AI foundation model trained on real kitchen data, shifting cooking AI from command execution to deep understanding and real-world use. It also unveiled a 3K vision AI stir-fry robot and embodied cooking robot, covering the full cooking process.....

08-2418.7K

The Surge of Embodied Intelligence Capital Returns, Xiaopeng Robot's First Round Valuation Exceeds $6.3 Billion

Xpeng Robotics raised over $900M in its first round, reaching a $6.3B valuation, a record for China's embodied AI private funding. Led by IDG Capital, with Gaorong Ventures, Tencent and Alibaba; Xpeng Group stays controlling. Investors rank it among the largest embodied AI deals.....

08-2414.6K

Chinese Open-Source Models Go Global: Legal AI Unicorn Harvey Launches Tenet Based on Kimi K3

U.S. legal AI unicorn Harvey announced the launch of the legal-specific model Harvey Tenet by post-training based on Moonshot's open-weight model Kimi K3. This marks the first time a Chinese open-weight model has entered the training system of a leading U.S. vertical AI company. Harvey previously mainly relied on closed-source models such as OpenAI and Anthropic, serving over 2,400 organizations and 200,000 lawyers. It has a valuation of $11 billion and an annualized revenue of about $350 million.

08-2414.1K

ByteDance Integrates AI Office Products TRAE and Kousi into Doubao

On August 24, ByteDance integrated its AI office products: the TRAE and Kousi teams were incorporated into the Doubao system. TRAE Work and Kousi will be integrated with Doubao's work scenario capabilities; TRAE IDE and CLI will remain as programming product lines under Doubao. After the adjustment, the relevant products and operations teams will report to Zhao Qi, the product head of Doubao.

08-2422.3K

South Korea Enacts Law to Facilitate AI: Use of Limited Personal Data After Regulatory Review

The South Korean National Assembly passed an amendment to the Personal Information Protection Act, allowing AI developers to use personal data within a limited scope after review by the Personal Information Protection Committee, breaking the previous rigid requirement that data be used for AI development only with individual consent. This move addresses long-standing industry complaints, as exemptions were previously limited to a few scenarios such as voice fraud prevention and autonomous driving, with short durations. The new regulations expand the available data space for AI development.

08-2415.3K

Yahoo Bounces Back via the Internet OG: Self-Developed AI Q&A Engine Scout Targets Gen Z

Yahoo CEO Lanzon stated that this internet veteran, born in 1994, is turning brand trust and retro labels into unique advantages to attract Gen Z, and leveraging its self-developed AI tool Scout and differentiated data to seek growth. Since taking charge in 2021, he has restructured it into a more streamlined consumer technology group, aiming to prove that Yahoo still has a place in the AI era.

08-2412.3K

Xiaomi Releases Xuanjie O100 Chip, With the Highest Edge-side Large Model Inference Speed of 330 TPS

Xiaomi unveiled its first on-device LLM AI accelerator chip, Xuanjie O100. Built on 6nm wafer-level vertical stacking and hybrid bonding with 1.4μm pitch, it delivers 1.22TB/s bandwidth—16x that of flagship phones—and up to 330 TPS inference, boosting on-device LLM throughput and reasoning.....

08-2427.2K

AI Industry's GitHub Seeks Sale, Hugging Face Valuation May Exceed $13 Billion

On August 24, according to a report by Insider in the United States, the world's largest AI open source community, Hugging Face, is considering a full sale, with potential transaction valuation possibly exceeding $13 billion. The company is working with banks to assess the interests of potential bidders, but no deal has been reached yet. Hugging Face was founded in 2016 by Clement Delong and Thomas Wolf, and it is headquartered in New York. The number of publicly available models has approached 3 million.

08-2413.6K

Shaoyn OpenFit 2 AI Earphones Shocking Launch: Integrates Qianwen Large Model, 48-Hour Long Battery Life Redefines Smart Audio Experience

Shaoyn OpenFit2 AI Earphones are now on sale with a launch price of 1398 yuan. The product continues the open-acoustic advantage, deeply integrates the Qianwen AI large model, and focuses on comfortable wear and smart interaction. Each earphone weighs about 9 grams, marking the entry of open-ear headphones into the era of large models.

08-2412.6K

2026 CSDI: The Eve of AGI, Enterprises with Deep Expertise in Agents and Models

At WAIC 2026, 130 LLM/genAI exhibitors included 83 focused on AI agents or apps and only 18 foundation model firms. Fewer model launches, more agent demos; focus shifts from model intelligence to real value. AI competition is moving from single models to whole systems and organizational capability.....

08-2413.9K

Aliyun DAMO Academy's Liver Cancer AI Model Featured in 'Nature Medicine': Identifies 15 Missed Tumors in Two Months

Alibaba DAMO Academy and Shengjing Hospital developed DAMO LiON, a liver cancer AI in Nature Medicine. It detects tiny liver lesions on contrast-enhanced CT, especially metastases. In a real-world prospective trial assisting over 10,000 patients, it found 15 missed malignant tumors, most ~1 cm.....

08-2416.7K

AliVideo Large Model Wan3.0 Officially Launched, Fully Achieving Ultra-Long Generation and Multi-Dimensional Consistency

Alibaba released its video generation model Wan3.0 on Aug 24, featuring all-round upgrades. Single generation length rises to 30 seconds, expanding narrative space. It first supports mainstream document inputs like doc, xls, ppt, and pdf, with breakthroughs in universal creation, all-around reference, and real-world restoration.....

08-2414.9K

Top Researcher Luke Metz Leaves OpenAI and Joins Meta's Super Intelligence Lab

AI talent war heats up as researcher Luke Metz leaves OpenAI to join Meta's superintelligence lab this week. His career shows frequent moves among top AI labs; in 2024 he left OpenAI to join a new organization founded by former executive Mira Murati.....

08-2412.9K

OpenAI Researcher Luke Metz Joins Meta's Super Intelligence Lab, AI Talent Competition Intensifies

AI researcher Luke Metz left OpenAI to join Meta's superintelligence lab, reporting to Alexandr Wang. His frequent moves—leaving OpenAI for Thinking Machines in 2024, returning earlier this year, then joining Meta—highlight fierce AI talent competition among top labs.....

08-2410.6K

DAMO LiON, the Liver Cancer AI Model from DAMO Academy: Detecting 1-Centimeter Hidden Tumors and Completing 15 Cases in Two Months

DAMO Academy and Shengjing Hospital released liver cancer AI model DAMO LiON, which identifies tiny lesions on contrast-enhanced CT. In a two-month prospective trial, it found 15 previously missed malignant tumors, mostly about 1 cm. Published in Nature Medicine, showing AI's value from missed to detected.....

08-2413.2K

Wan3.0 Video Generation Model Officially Launched Unlocking a New 30-Second Long Video Creation Experience

On Aug 24, Wan3.0 video generation model launched, upgrading four dimensions: generation length, versatile creation, universal reference, and real-world restoration. It generates up to 30s video and first supports doc, xls, ppt, pdf, md inputs, lowering creation barriers. Since beta, optimized instruction following and cross-shot consistency.....

08-2415.1K

Musk Likes! Honor Humanoid Robot Runs 400 Meters in 39.45 Seconds, Setting a New World Record

On Aug 23, at the 2nd World Humanoid Robot Games, Honor's self-developed robot "Lightning" ran 400m in 39.45s, beating the human world record of 43.03s by Wayde van Niekerk, who praised it. In prelims, it ran 100m in 9.32s (peak 14.5m/s), surpassing Bolt.....

08-2413.1K