Search results：Open-Source Models

6 results

Tencent Hunyuan Large Model Upgraded: 770B Flagship New Version Hy4preview Shockingly Open-Source, Directly Enters the First Tier of Open-Source Models

Tencent Hunyuan released the preview version of its flagship model, Hy4preview, with a total parameter count of 770B and an activated parameter count of 49B. It supports a context length of 1M. This model performs exceptionally well in real productivity tasks such as coding, office work, and science, ranking among the first-tier open-source models. Its comprehensive performance in internal blind tests exceeds that of similar competitors, and it has already been applied in multiple fields within Tencent.

3 days ago19.0K

NVIDIA Acquires Hugging Face for $1.29 Billion, Open-Source AI Foundation Joins the Computing Empire

Nvidia plans to acquire Hugging Face for $12.9B. Hugging Face has ~$150M annual revenue and is near profitability; the bid is ~80x revenue. Closed-source labs are reducing reliance on Nvidia hardware; OpenAI partners with Broadcom on custom chips. Nvidia pledged $26B over 5 years for open-source models to capture the ecosystem.....

4 days ago20.1K

DeepSeek's Revenue Reached 475 Million Yuan in the First 7 Months, Surging 9 Times, 50 Billion Yuan Valuation and Second Round of Financing Under Way

DeepSeek is raising a second round. Revenue in Jan-July 2026 was ~475M yuan, 10x FY2025; net loss narrowed from 935M to 715M. Open-source models boosted margins and growth, paving a potential IPO. After a 50B yuan first round in June, it launched a second round targeting 50B yuan.....

5 days ago24.9K

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

US legal AI unicorn Harvey announced post-training a legal-specific model Harvey Tenet based on Moonshot AI's open-weight model Kimi K3, marking the first time a Chinese open-weight model entered a top US vertical AI training system. Harvey previously relied mainly on closed models from OpenAI and Anthropic, serving over 2,400 institutions and 200,000+ lawyers, valued at $11 billion with ~$350 million annualized revenue.....

6 days ago12.9K

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.

08-2414.0K

Hugging Face Seeks to Sell, Valuation May Reach $13 Billion

Hugging Face is exploring a sale at $13B+, per Business Insider. The NYC AI startup hosts open-source models and datasets, working with banks to gauge buyer interest. Its 2023 round valued it at $4.5B, led by Salesforce, Google, Nvidia.....

08-2413.3K